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Secretary Donovan Announces Expanded Eligibility for Making Home Affordable Program - July 1, 2009

Submitted by admin on Mon, 06/20/2011 - 9:13am

WASHINGTON - U.S. Housing and Urban Development Secretary Shaun Donovan today announced an expansion of the Obama Administration's Home Affordable Refinance Program to include participation by borrowers who are current but up to 125 percent underwater on their mortgage. Under authorization provided by the Federal Housing Finance Agency, borrowers whose mortgages are currently owned or guaranteed by Fannie Mae and Freddie Mac will now be allowed to refinance those loans according to the terms of the Home Affordable Refinance program established earlier this year.

Governor Vetoes Funding for Public Housing and RAFT; CHAPA Seeks Legislative Override - June 30, 2009

Submitted by admin on Mon, 06/20/2011 - 9:12am

On June 29 , the Governor signed a $27.046 billion FY 2010 budget. The Governor vetoed $364 million from the Legislature’s Budget, of which $217 million is a technical change until county corrections reform legislation is signed into law and $147 million are line-item spending reductions. The Governor announced that he plans on filing a supplemental budget in the approximate amount of these spending reductions to meet unmet needs of state government not included in the Legislature’s FY 2010 budget.

Asset Development Commission Releases Final Report - June 26, 2009

Submitted by admin on Mon, 06/20/2011 - 9:11am

Please click here to read the full final report.

Mass.gov has additional information here.

Correction to June 23, 2009 Housing Briefs Regarding Outside Section 142 - June 25, 2009

Submitted by admin on Mon, 06/20/2011 - 9:11am

The June 23rd Housing Briefs incorrectly summarized Outside Section 142 as requiring the Department of Transitional Assistance (DTA) to continue to process shelter applications until the Department of Housing and Community Development (DHCD) files an operational plan to do with the legislature.

Housing Briefs - June 23, 2009

Submitted by admin on Mon, 06/20/2011 - 9:10am

State Updates

Legislature Enacts FY 2010 Budget; Cuts Housing Programs by 14%

CHAPA Releases Report on the Importance of the Mass. Rental Voucher Program - June 16, 2009

Submitted by admin on Mon, 06/20/2011 - 9:06am

BOSTON – At a State House press event today, Citizens’ Housing and Planning Association (CHAPA) released a briefing paper entitled, The Massachusetts Rental Voucher Program, Maintaining the State’s Primary Homelessness Prevention Tool. The report documents the program as a cost-effective tool to maintain housing for extremely low income families and individuals, and highlights the potential increase in homelessness and the subsequent increased costs to the Commonwealth if the program is cut.

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