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Citizens' Housing and Planning Association: News

News

Report: Affordable Rental Housing Still Elusive for Lowest Income Americans - August 25, 2014

There are more renters today than in previous decades, but there are not enough units renting at affordable prices to meet the needs of the lowest income households. According to Housing Spotlight: The Affordable Rental Housing Gap Persists, released today by the National Low Income Housing Coalition (NLIHC), there is a deficit of 7.1 million rental units affordable and available to extremely low income households, those with income at or below 30% of area median income. Nationwide, there are only 31 affordable and available units for every 100 extremely low income renters. Extremely low income renters make up 25% of the total renter population, but just 7% of all rental units were affordable and available to this population. This report is based on 2012 data, the latest available.

Click here to read the full press release.

Patrick Administration Launches MyMassMortgage.org - August 20, 2014

Website will assist potential home owners throughout all stages of home buying process
 
BOSTON – August, 20, 2014 – Today, Undersecretary of Housing and Community Development Aaron Gornstein announced the launch of www.MyMassMortgage.org, a website developed to assist potential homebuyers purchase their first home.  The website, created under the Mass Mortgage Compact announced by Governor Deval Patrick, will provide information on finding affordable and reliable state sponsored mortgage products.
 
MyMassMortgage.org was developed by Citizen’s Housing and Planning Association (CHAPA) and is a joint marketing effort between MassHousing and Mass Housing Partnership.

Boston, gateway cities lead distress dip - August 20, 2014

MHP Foreclosure Monitor
 
Overall foreclosure distress in Massachusetts declined 43.7 percent from July 2013 to July 2014, with Boston and the state's gateway cities both seeing healthy declines.
 
For the latest data on communities and census tracts that are still feeling the impacts of foreclosures, click here to read the latest Foreclosure Monitor.  

 

Registration Open for the 25th Annual Conference of the Connecticut Housing Coalition - August 18, 2014

Celebrating Coalition: The 25th Annual Conference of The Connecticut Housing Coalition

Wednesday, September 24, 2014, 8:15 am - 4:30 pm
Connecticut Convention Center, Hartford 

Click here for more information.

 

HUD Issues Proposed FMRs - August 18, 2014

Proposed Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program and Other Programs Fiscal Year 2015
 

Informational Meetings About The New Early Education and Out of School Time Capital Fund Program Guidelines and Application Process - August 15, 2014

The Department of Early Education and Care (EEC) has scheduled three informational meetings about the application process for its new Early Education and Out of School Time (EEOST) Capital Fund Program.  EEC will be awarding funds for major capital facilities projects, through a competitive grant process, to large group child care programs, including out of school time programs, that are run by non-profit entities or by an entity where the majority interest is a non-profit.  Presentations at the informational sessions will include an overview of the Program Guidelines and Application and there will be a question and answer period as well as a review of the grant application timetable.

Click here to read more.

Patrick Administration Announces Expansion Of Housing Development Incentive Program To Support Housing In Gateway Cities - August 15, 2014

BOSTON – Friday, August 15, 2015– Housing and Economic Development Secretary Greg Bialecki today announced the start of the application process for state tax credits for developers with qualifying proposals for larger market rate housing projects in Gateway cities. The Massachusetts Department of Housing and Community Development (DHCD) will grant waivers to otherwise qualifying projects that exceed the current regulatory limit of 50 market rate units per project under the Housing Development Incentive Program (HDIP).

Click here to read the full press release.

CFPB Proposes Rule to Improve Information About Access to Credit in the Mortgage Market - August 14, 2014

The Consumer Financial Protection Bureau has issued a proposed rule for comment that would expand the types of information under the Home Mortgage Disclosure Act (HMDA) and extend coverage of any dwelling secured loan (unsecured home improvement loans would no longer be covered.  As noted in a National Housing Conference summary, the proposed rule would greatly expand understanding of mortgage market trends. Comments are due by October 22, 2014.

MA DOER Provides Opportunity for Low and Moderate Income Housing to Receive Energy Savings - August 14, 2014

Massachusetts Department of Energy Resources (DOER) has provided an opportunity for Low and Moderate Income Housing to maximize the local benefit of solar projects by directly acquiring discounted solar energy credits from NextSun Energy’s offsite solar projects, helping to maintain costs and preserve the affordable housing stock in Massachusetts.

Click here to download the flyer.

Staffing change at FHA - August 13, 2014

by Rebekah King, National Housing Conference, Washington Wire
 
Carol Galante, Assistant Secretary of Housing and the commissioner of the Federal Housing Administration, will step down at the end of 2014. She will assume the I. Donald Terner Distinguished Professorship in Affordable Housing and Urban Policy at the University of California, Berkeley, and will also serve as the Director of the Berkeley Program in Housing and Urban Policy. In her tenure at FHA, Ms. Galante has helped stabilize and ensure access to mortgage lending.

 

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