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June

11

2012

Springfield marks transformation of 27 buildings, 445 apartments

SPRINGFIELD, June 11, 2012 --- The ribbon cutting punctuating First Resource Company's seven-year effort to rehabilitate 445 apartments was noteworthy not just because of the physical improvements to the buildings but also because every speaker talked about developer Gordon Pulsifer's dedication to management and his company's commitment to remain visible in the neighborhood for the long run.

June

8

2012

Easton celebrates saving historic Ames Shovel Works

NORTH EASTON, Ma., June 8, 2012 --- State and local leaders gathered in June to celebrate the start of construction on Ames Shovel Works, an ambitious development that will create 113 rental units, 160 construction jobs and preserve a cherished local landmark that is a key piece of the state's rich manufacturing history.

May

25

2012

MHP commits $9.35M to redevelop Fitchburg mill

FITCHBURG, May 25, 2012 --- The Massachusetts Housing Partnership (MHP) recently committed $9.35 million in permanent mortgage financing to help MDP Development LLC convert a historic mill building into 105 units of rental housing on River Street in Fitchburg.

May

23

2012

Cambridge: MHP loan will help preserve elderly housing

CAMBRIDGE, May 23, 2012 --- Local leaders and affordable housing lenders joined in with residents in late May to celebrate the start of rehabilitation of the Cambridge Court Apartments, a 10-story building that has served hundreds of low- and moderate-income city residents since it was built in 1973.

May

21

2012

MHP's receivership efforts helping 4 cities stabilize neighborhoods

Effective tool to deal with foreclosed, abandoned properites

NEW BEDFORD, May 22, 2012 --- An example of MHP's efforts to help communities stabilize foreclosed and abandoned properties was in the spotlight recently as state and city officials gathered in New Bedford to tour a property that has been transformed from a neighborhood eyesore into a handsome two-family home that will be sold to a first-time homebuyer.