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Citizens' Housing and Planning Association: News


Bay State Foreclosure Deeds, Petitions Decline In October (Banker & Tradesman) - November 18, 2010

For the first time this year, both year-over-year foreclosure petitions and deeds decreased in Massachusetts, according to The Warren Group, publisher of Banker & Tradesman.

Foreclosure petitions - the first step in the foreclosure process in Massachusetts - dropped to 1,127 in October, a near 51 percent decrease from 2,296 in October 2009. This is the first month since January that foreclosure petitions have dropped below 2,000. A total of 22,091 foreclosure petitions have been filed so far this year, compared to 23,931 for the same period last year.

Commissioner of Banks Steven Antonakes Named to Leadership Position at Consumer Financial Protection Bureau - November 16, 2010

BOSTON – November 16, 2010 – The United States Treasury announced today that Massachusetts Commissioner of Banks Steven L. Antonakes, who has played a leadership role on banking issues on the state and national levels, will join the Consumer Financial Protection Bureau (CFPB) implementation team to build the consumer supervision program for the nation’s largest depository institutions.

Please click here to read the full press release.

Metropolitan Boston Housing Partnership Releases Report Assessing the Rapid Re-housing of Homeless Families - November 15, 2010

The Metropolitan Boston Housing Partnership has released a report assessing the effectiveness of re-housing families sheltered in motels with Homelessness Prevention and Rapid Re-Housing (HPRP) funds. The report finds that very few families are likely to be able to sustain housing once short-term housing assistance expires. The report includes the following recommendations for the HPRP and Housing First model:

Housing Briefs - November 15, 2010

State Updates

CHAPA Releases Policy Recommendations for the New Gubernatorial Term

MHP Foreclosure Monitor: Foreclosures Shift to Suburbs - November 10, 2010

BOSTON, Nov. 9, 2010 ---The gradual movement of distressed properties away from urban areas has reached a tipping point as there are now more distressed units in the suburbs and rural communities.

In an examination of Warren Group data as of Oct. 1, 2010, Foreclosure Monitor found that distressed units in Boston and 24 Gateway municipalities account for 49 percent of the distressed units in Massachusetts, down from 59 percent as of Oct. 1, 2008 and from 54 percent as of Oct. 1, 2009.

NHC Releases Paper on Rental Housing Affordability - November 8, 2010

In the wake of the mortgage foreclosure crisis, calls have grown for a national housing policy that more evenly balances homeownership and rental housing. As America “rediscovers” the rental option, one could easily forget that for at least the past several decades one in three U.S. households — or more than 37 million households in 2008 — have been renters.

HUD Releases Proposed Regulations for National Housing Trust Fund - November 4, 2010

On October 29, HUD published its proposed regulations for implementing the National Housing Trust Fund (NHTF) in the Federal Register. Comments are due by December 28, 2010. To download a copy of the proposed regulations, click here.

The Housing Trust Fund Project will send out a summary of the proposed regulations later this week.

A Message from CHAPA’s Executive Director Regarding the Defeat of Question 2 - November 4, 2010

Dear CHAPA Members:

On behalf of the board and staff, I want to offer my sincere thanks to everyone who worked on the Campaign to Protect the Affordable Housing Law. With your help, we were able to achieve a decisive victory of 58% to 42%, which was the largest margin of any ballot campaign. Over 1.2 million voters and 80% of cities and towns affirmed their support for protecting the affordable housing law for seniors and working families in urban, suburban, and rural communities all across the state. If you'd like to see how your town voted, click here.