CHAPA submitted a letter to the Comptroller of the Currency on November 19th in response to the office’s Advanced Notice of Proposed Rulemaking (ANPR) for the Community Reinvestment Act (CRA). This is a first step in a what is likely at least a year long process for CRA reform.
November 26, 2018
November 21, 2018
172 Massachusetts municipalities will receive a distribution from the Community Preservation Act (CPA) Trust Fund, the City of Boston, one of the most recent adopters of CPA, will receive $3.6 million.
November 15, 2018
Read CHAPA's November 2018 Housing Briefs for state and federal housing updates as well as recent research and reports.
November 13, 2018
October 31, 2018
Leise Jones Photography
October 29, 2018
Today, the U.S. Department of Housing and Urban Development (HUD) published three reports on the HOME Investment Partnership (HOME) Program that are frequently requested by housing advocates and the public. The HOME program is a federal block grant used to assist low and moderate income home ownership and rental housing. For instance, HOME grants can be used for security deposits, down payment assistance and rental assistance, as well as development costs to build and rehab housing.
October 16, 2018
The Department of Housing and Community Development (DHCD) intends to hold a multifamily rental funding competition in February 2019. Pre-applications for potential affordable housing projects will be due on November 29, 2018. Sponsors whose projects are approved through the pre-application process will be allowed to submit full applications on February 21, 2019. A copy of the Notice of Funding Availability can be downloaded by clicking here.
October 15, 2018
CHAPA submitted a letter to the U.S. Department of Housing and Urban Development (HUD) in defense of the Obama-era Affirmatively Furthering Fair Housing (AFFH) rule, promulgated in 2015.
October 12, 2018
On October 11, the Baker-Polito Administration announced nearly $5 million in awards to 31 communities throughout the Commonwealth through two new grant programs under the Housing Choice Initiative. The Housing Choice Initiative, introduced by Governor Charlie Baker in December 2017, provides incentives, rewards and technical assistance reform to cities and towns that have been designated as "Housing Choice" after demonstrating certain levels of housing production or the adoption of best practices that encourage smart growth.
October 11, 2018
Read the full report by Boston Indicators, Boston Foundation's research center, here. The five main takeaways from this report (p. 7) are: Economic mobility is down Income inequality is up Boston's middle class is hollowing out Poverty persists Wealth disparities are growing