Housing News
June 20, 2011
From the U.S. Census Bureau - For the past several years the Census Bureau has released data products from the American Community Survey (ACS) in the form of 1-year estimates. These estimates were based on data collected in a single calendar year and describe the average characteristics for that specific year. For example, the 2006 ACS estimates generally describe the average social, economic, demographic, and housing characteristics for calendar year 2006. Beginning in December 2008, the Census Bureau introduces ACS multiyear estimates, specifically 3-year estimates.
June 20, 2011
New England Housing Network Conference Resource Material Page
June 20, 2011
From MassBenchmarks: Massachusetts Economy Entering Recession, Third Quarter Growth Revised Downward, Tough Times Ahead
The Massachusetts economy grew at an annual rate of 0.2 percent between September and October and was up 1.2 percent from October of last year according to the MassBenchmarks Current Economic Index. The current index is normalized to 100 in July 1987 and is calibrated to grow at the same rate as Massachusetts real gross state product over the 1978–2003 period.
June 20, 2011
DHCD, November 25, 2008: Governor Deval Patrick today awarded $1.35 million to 18 cities to spark urban revitalization efforts through a new state program designed to support affordable housing and economic development opportunities for mixed-income communities across Massachusetts. Funding from the new Gateway Plus Action Grant (GPAG) program will help recipient cities identify their specific housing or mixed-use development needs to enhance their economic vitality and the quality of life for all residents.
June 20, 2011
DHCD’s comprehensive plan for assistance through HUD's Neighborhood Stabilization Program (NSP) contains a combination of centralized resources (a statewide loan fund for acquisition, receivership assistance program, mortgage product support, etc) and targeted responses to specific high-priority geographic areas who request state assistance. Please use the links below to view full documentation of DHCD's plan:
June 20, 2011
DHCD’s comprehensive plan for assistance through HUD's Neighborhood Stabilization Program (NSP) contains a combination of centralized resources (a statewide loan fund for acquisition, receivership assistance program, mortgage product support, etc) and targeted responses to specific high-priority geographic areas who request state assistance. Please use the links below to view full documentation of DHCD's plan:
June 20, 2011
The U.S. Government on Sunday entered into an agreement with Citigroup to provide a package of guarantees, liquidity access and capital. As part of that agreement, Treasury and the FDIC will provide protection against the possibility of unusually large losses on an asset pool of approximately $306 billion of loans and securities backed by commerical and residential real estate and other such assets.
Click here for the full statement.