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.
Housing News
June 21, 2011
Please click here to read recommendations of the Mass Law Reform Institute concerning family homelessness policies.
June 21, 2011
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.
June 21, 2011
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.
June 21, 2011
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.
June 21, 2011
Please click here to view the 2011 HUD Fair Market Rents.
Click here for Massachusetts Fair Market Rents.
June 21, 2011
The FY2011 FMRs by state and area are HERE.
June 21, 2011
The Urban Land Institute has released a "Priced Out" report on the presistence of the workforce housing gap in the Boston Metro area.
Please click here to download the report.
Click here to view the slideshow presentation from the report's announcement event.
June 21, 2011
Ch. 40H Community Development Corporation Certification Presentation - Joe Kreisberg
New Foreclosure Law, An Act to Stabilize Neighborhoods - Barbara Anthony
June 21, 2011
Lieutenant Governor Murray highlights completion of 18 month Regional Network Pilot Program; Funds targeted to transform service delivery fort at-risk residents