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September

12

2008

MHP commits $2.3M for affordable housing at former church site

SOMERVILLE, Sept. 12, 2008 --- Community, local and state leaders gathered in early September to celebrate the beginning of the construction of 24 affordable rental units on the campus of the former Saint Polycarp Church, an effort made possible due in part to a long-term loan commitment from the Massachusetts Housing Partnership (MHP).

September

10

2008

New Bedford: SoftSecond helps homebuyer buy 3-family

NEW BEDFORD, Sept. 10, 2008 --- In an example of how cities can turn foreclosed and abandoned properties into assets in the community, New Bedford Mayor Scott W. Lang joined with representatives from Bank of America and MHP to congratulate first-time homebuyer Noah Griffith, who bought a rehabilitated three-family property with a SoftSecond loan.

August

12

2008

Patrick pledges $142 million to support affordable rental housing

BOSTON, Aug. 12, 2008 --- Governor Deval Patrick has pledged more than $142 million from state housing programs and equity leveraged from private sector investment in low-income housing tax credits to support projects that will yield 1,218 rental apartments, 1,124 of which will be affordable for low- and moderate-income residents.