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Citizens' Housing and Planning Association: News

In Memoriam

News

DHCD Announces 2010-2014 Consolidated Plan Draft is Available for Public Comment - March 29, 2010

The 2010-2014 Consolidated Plan Draft is now available. Every five years, DHCD is required to produce this plan for HUD detailing how Massachusetts will use the Community Development Block Grant, HOME Investment Partnership, Emergency Shelter Grant, and Housing Opportunities for People with AIDS funding to advance housing and community development goals. This plan sets out goals and strategies for Massachusetts’ housing and community development priorities over the next five years.

U.S. Treasury Announces Housing Program Enhancements to Offer Additional Options for Struggling Homeowners - March 26, 2010

WASHINGTON – Today, as part of its ongoing commitment to continuously improve housing relief efforts, the Administration announced adjustments to the Home Affordable Modification Program (HAMP) and to the Federal Housing Administration (FHA) programs.  These program adjustments will better assist responsible homeowners who have been affected by the economic crisis through no fault of their own.  The program modifications will expand flexibility for mortgage servicers and originators to assist more unemployed homeowners and to help more people who owe more on their mortgage

Mass. Feb. Foreclosure Petitions Up From Jan., Down Year-Over-Year (Banker & Tradesman) - March 25, 2010

The number of foreclosures started by lenders in Massachusetts during the month of February increased 13.2 percent from the prior month but was down 7.5 percent from a year ago, according to The Warren Group, publisher of Banker & Tradesman.

Lenders filed 2,122 petitions to foreclose - which mark the first step in the foreclosure process in Massachusetts - in February, up from 1,874 in January but down from 2,295 in February 2009. A total of 3,996 petitions to foreclose have been filed in the first two months of 2010, a 6.1 percent drop from 4,255 a year earlier.

Housing Briefs - March 18, 2010

State Updates


Housing Committee Advances Foreclosure Relief Legislation

The Joint Committee on Housing favorably advanced An Act Relative to Stabilizing Neighborhoods, S. 1379 and H. 3571. The foreclosure relief bill accomplishes the following:

Massachusetts Foreclosure Prevention Bills Move Forward - March 17, 2010

State Legislature’s Joint Housing Committee Advances Foreclosure Relief Legislation

Bill Provides New Tools to Prevent Foreclosures and Mitigate Impacts on Neighborhoods

BOSTON - MARCH 16, 2010 - Today, Representative Kevin Honan (D-Allston-Brighton), Senator Susan Tucker (D-Andover) and the Joint Committee on Housing favorably advanced An Act Relative to Stabilizing Neighborhoods, S. 1379 and H. 3571. The legislation includes a multi-prong strategy to address the Massachusetts foreclosure crisis.

Senator Dodd Releases Financial Regulatory Reform Legislation (Washington Post) - March 17, 2010

Washington Post - Sen. Christopher J. Dodd (D-Conn.), chairman of the Senate banking committee, introduced a revised bill on Monday to overhaul financial regulation that included compromises forged with Republicans in recent months but fell short of winning endorsement from conservatives, including members in his own party.

Please click here to read the full aricle. 

MHP Releases New Foreclosure Monitor - March 5, 2010

MHP Foreclosure Monitor: How 2nd wave may impact economic recovery

In-depth look at data shows size of shadow inventory, possible trouble spots

By Tim H. Davis, Feb. 28, 2010

DeNucci Cites Deteriorating Conditions in Special Needs Public Housing Units - March 5, 2010

Joe DeNucci, State Auditor, News Release - On February 24, 2010, State Auditor Joe DeNucci reported that years of underfunding of operating and capital budgets have resulted in the deterioration of state-subsidized public housing units for people with special needs, depriving them of decent, safe, secure and sanitary housing.

Bay State Foreclosure Petitions Drop In January (Banker & Tradesman) - March 2, 2010

The number of foreclosures started by lenders in Massachusetts during the month of January dropped to the lowest level in more than a year, according to a new report by The Warren Group, publisher of Banker & Tradesman.

Lenders filed 1,874 petitions to foreclose - which mark the first step in the foreclosure process in Massachusetts - in January, a 9 percent decrease from 2,060 in December and 4.4 percent drop from a year earlier. Foreclosure petitions exceeded 2,000 for most months in 2009, falling below that number only in January and November.

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