Housing Headlines

FRAMINGHAM --- The housing authority prepares for the grand-opening of twelve affordable one-bedroom apartments. The units are two-story townhouses meant for empty nesters whose children have left the house but who don't yet qualify for senior housing.

BOSTON --- In addition to education, legal, and legislative remedies to crackdown on unsafe lending practices, MAHA's Tom Callahan discusses the need to update the Community Reinvestment Act, to increase the lending responsibility of mortgage companies.

BOSTON --- The Executive Office for Administration and Finance has announced plans for greater support of affordable housing and job creation through the use of tax-exempt private activity bonds.

SHARON --- The second appraisal of a parcel of land planned for a 40B effort has cut its value in half, leading the developer to reassess the size of the effort.

NEEDHAM --- With a boost from town-approved CPA funds, Needham prepares to move forward with a 40B effort that will add 40 units of affordable housing, including 20 homeownership and 12 low-income rental units.

ASHLAND --- A 40B proposal that would add 32 three- and four-bedroom units on 13 acres of land awaits approval from the state. This would be the third 40B proposal recently submitted in the town, which currently has about four percent affordable housing.