Housing News

June 21, 2011
Please click here to review the proposed cuts (HUD numbers can be found on page 18). Call your Representative now, and urge them to oppose these proposed cuts. Visit the NLIHC Action Alert page for more information.
June 21, 2011
The original structure of the U.S. housing finance market was put in place nearly eighty years ago. This report lays out the Obama Administration’s plan to reform America's housing finance market to better serve families and function more safely in a world that has changed dramatically since then. Please click here to read the report.
June 21, 2011
WASHINGTON – In a report to Congress released today, the U.S. Department of Housing and Urban Development (HUD) found that “worst case housing needs” grew by nearly 1.2 million households, or more than 20 percent, from 2007 to 2009 and by 42 percent since 2001. “Worst case housing needs” are defined as low-income households who paid more than half their monthly income for rent, lived in severely substandard housing, or both. HUD reports that 7.1 million households paid more than half their income for rent or lived in substandard housing.
June 21, 2011
WASHINGTON – In a report to Congress released today, the U.S. Department of Housing and Urban Development (HUD) found that “worst case housing needs” grew by nearly 1.2 million households, or more than 20 percent, from 2007 to 2009 and by 42 percent since 2001. “Worst case housing needs” are defined as low-income households who paid more than half their monthly income for rent, lived in severely substandard housing, or both. HUD reports that 7.1 million households paid more than half their income for rent or lived in substandard housing.
June 21, 2011
State Updates Governor Patrick Releases FY’12 Budget On January 26th, Governor Patrick released his FY’12 House One Budget proposal. The majority of affordable housing programs are level funded with some exceptions.
June 21, 2011
Please click here to download CHAPA's 2010 Annual Report.
June 21, 2011
Please click here to download the budget analysis.
June 21, 2011
Please click here to download Lizbeth Heyer's presentation from CHAPA's January 19th forum on State Public Housing.
June 21, 2011
The number of completed foreclosures in Massachusetts jumped almost 32 percent in 2010 to 12,233, up from 9,269 in 2009 but did not surpass the record 12,430 foreclosures recorded in 2008, according to the latest report from The Warren Group, publisher of Banker & Tradesman. The number of foreclosure petitions, meanwhile, declined 14.3 percent to 23,933 last year from 27,928 in 2009. Please click here to read the entire article.
June 21, 2011
The Division of Banks will hold three public informational hearings in late January to obtain comments on implementing certain provisions of Chapter 258: An Act Relative to Mortgage Foreclosures. Prior to proposing regulations, the Division requests information and comments on the notice of a consumer’s right to cure in advance of foreclosure and provisions relative to reverse mortgage loans.

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