BOSTON – Friday, August 3, 2012 – Governor Deval Patrick today signed “An Act Preventing Unlawful and Unnecessary Foreclosures.” The new law expands important consumer protections and continues the Commonwealth’s national leadership on foreclosure prevention.
Click here to read the full press release.
Housing News
August 6, 2012
August 1, 2012
State Updates
Massachusetts 2011-2012 Legislative Session Ends
July 25, 2012
HUD's draft interim regulations for the Continuum of Care program will take effect 30 days after publication in the Federal Register. HUD will accept comments for 60 days after publication.
Click here for more details.
July 25, 2012
From HUD's website:
The final notice implementing RAD, incorporating changes made as result of public comments on the initial notice (PIH Notice 2012-18), will be released Thursday, July 26, 2012.
Upon the notice’s release, owners will have 90 days to apply to be considered for the Initial Application period. Additionally, owners of Rent Supp, RAP, and Mod Rehab properties looking to participate in RAD’s second component, which allows the conversion of assistance to the PBV program, will be able to apply immediately under revised rules.
July 25, 2012
Some of the recommendations made by the Trust are as follows:
July 24, 2012
CHAPA is promoting Senior Program Manager Katy Trudeau to a new position: Director of Special Projects. Katy has been at CHAPA for 5 years and has done an outstanding job, readily earning this promotion.
CHAPA will be hiring a new Program Manager to manage the Massachusetts Homeownership Collaborative and HUD Housing Counseling Program. The deadline for responses is Friday, August 10th. Please click here to view the job description.
July 23, 2012
Click here for the NOFA document.
Click here for additional information and documentation on DHCD's website.
July 19, 2012
Please click here for DHCD's announcement and contact information.
July 19, 2012
From MHP:
BOSTON, July 19, 2012 - As the real estate market inches toward recovery, one trend to watch is how many troubled properties are being scooped up by buyers purchasing multiple properties, thereby raising the possibility of a return to the real estate bubble days of property flipping, absentee landlords and neighborhood destabilization.
July 19, 2012
Please click here to download Tim Warren's presentation from CHAPA's July 17th forum on foreclosures in Massachusetts.