News

BEVERLY, July 8, 2011 --- For many years, if you came into downtown Beverly from the north, one of the buildings that would catch your eye was the Mayflower Motel. A long, single-story, brick building on the left, it had become rundown and tired-looking. In its final years, its small rooms had become permanent homes for some of the community's lower-income residents.

CAMBRIDGE, June 20, 2011 --- The Massachusetts Housing Partnership (MHP) recently committed $9.7 million in construction and permanent rental financing to help Franklin Street Associates LP rehabilitate 122 units of rental housing in the Cambridgeport neighborhood of Cambridge.

NEW BEDFORD, June 15, 2011 --- The 15-story Regency Tower is New Bedford's tallest building and public officials have come to view it as a barometer for the city. Earlier this spring, everyone was forecasting a bright future as Governor Deval Patrick and Congressman Barney Frank joined other top state and local leaders to celebrate the downtown apartment building's $32 million revitalization into 129 mixed-income rental apartments.

SOMERVILLE, May 12, 2011 --- Less than two years after celebrating the completion of Saint Polycarp Phase I, state and local officials returned to these church grounds earlier this month to celebrate the groundbreaking of Phase II.

SPRINGFIELD, May 6, 2011 --- The Massachusetts Housing Partnership (MHP) recently committed $1.43 million in permanent rental financing to help First Resources Development Company create 144 units of affordable rental housing in Springfield.

BOSTON, May 6, 2011 --- The SoftSecond Loan Program for first-time homebuyers has been selected as one of the top 25 programs in the U.S in Harvard University's Innovations in American Government Awards Competition.