BOSTON – Tuesday, August 18, 2009 – As part of his Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick today announced the state will target $45.5 million in federal recovery funds to help jump start delayed affordable housing developments throughout Massachusetts and create hundreds of jobs.
Please click here for the entire press release.
Housing News
June 20, 2011
June 20, 2011
The American Prospect - Homeownership rates and CRA enforcement soared in the 1990s, but sub-prime came later. CRA shouldn't be the scapegoat for the housing meltdown.
Please click here to read the full article.
June 20, 2011
At the request of municipalities and state agencies, CHAPA serves as a monitoring agent for some mixed-income housing developments in Massachusetts. This involves ensuring that income-eligible low and moderate income households occupy the affordable units, and managing the refinancing and resale of those units.
CHAPA is seeking an Assistant Program Manager to carry out the following responsibilities on a part-time (3 days/week) basis:
June 20, 2011
State Updates
Legislature Adds $1 Million to Public Housing and $1 Million to RAFT Following Patrick Budget Vetoes
June 20, 2011
Making Home Affordable Program on Pace to Offer Help to Millions of Homeowners
Public Release of Data Provides Transparency on Servicer Performance
June 20, 2011
Click here to view the 2010 Proposed Fair Market Rents for the Section 8 Program.
June 20, 2011
Economic activity in Massachusetts is estimated to have declined at a 1.6 percent annualized rate in the second quarter of 2009, according to the MassBenchmarks Current Economic Index. The U.S. Bureau of Economic Analysis reported today that the national economy declined at an estimated annual rate of 1.0 percent during the same period. In the first quarter of this year, the state economy declined at a 4.0 percent rate, as compared to a 5.5 percent rate of decline for the U.S.
June 20, 2011
H.R.3288
TITLE: Making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2010, and for other purposes.
June 20, 2011
Please click here to read DHCD's memo.
June 20, 2011
Please click here to read the letter.