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Housing News
June 20, 2011
Department of Treasury Press Release
Treasury's Fact Sheet
June 20, 2011
The House and Senate Clerks extended the period for legislators to cosponsor other legislator’s bills until Wednesday, February 11th. CHAPA members interested in securing cosponsors for affordable housing legislation will now have an additional week to contact legislators to request co-sponsorship. Interested legislators should contact the lead sponsor of each bill to sign on as a cosponsor
June 20, 2011
Massachusetts is facing a housing crisis similar to the rest of the country. Affordable housing developers that have already received tax credit allocations have run into great difficulties in securing necessary investors because of the economic downturn. There is now strong national consensus that the pending American Recovery and Reinvestment Act can go a long way towards fixing this short-term problem by adopting four temporary measures.
June 20, 2011
On January 28, 2009, the Patrick Administration notified the Legislature of an anticipated budget deficit in line item 4403-2120, the Emergency Assistance (EA) Family Shelter and Services account. As a result, the administration has proposed eight changes to the Emergency Assistance Family Shelter & Services program’s eligibility and termination rules. The proposed changes will reduce eligibility and expand the grounds for shelter termination.
June 20, 2011
State Updates
Governor Releases House One; FY 2010 Budget Proposal Prioritizes Housing
June 20, 2011
Please view CHAPA's housing programs analysis of the Governor's proposed FY10 budget here.
June 20, 2011
During 2009, the Massachusetts Department of Housing and Community Development intends to continue its long-standing commitment to the tax credit program by selecting worthy and eligible projects that are highly ready to proceed and capable of attracting interest from remaining investors.
In preparing the 2009 Qualified Allocation Plan (QAP), as required by the U.S. Department of the Treasury, DHCD has attempted to balance four primary goals:
June 20, 2011
The “Massachusetts Foreclosure Monitor” is MHP’s quarterly examination of statewide and local foreclosure trends in Massachusetts and the nation.
June 20, 2011
The State's Executive Office of Housing & Economic Development has released A Framework
for Action: The State Regional Economic Development Strategy.