During 2009, the Massachusetts Department of Housing and Community Development intends to continue its long-standing commitment to the tax credit program by selecting worthy and eligible projects that are highly ready to proceed and capable of attracting interest from remaining investors.
In preparing the 2009 Qualified Allocation Plan (QAP), as required by the U.S. Department of the Treasury, DHCD has attempted to balance four primary goals:
Housing News
June 20, 2011
The “Massachusetts Foreclosure Monitor” is MHP’s quarterly examination of statewide and local foreclosure trends in Massachusetts and the nation.
June 20, 2011
The State's Executive Office of Housing & Economic Development has released A Framework
for Action: The State Regional Economic Development Strategy.
June 20, 2011
State Updates
CHAPA Secures Sponsors for 2009-2010 Legislative Priorities
CHAPA has filed 10 pieces of legislation to alleviate housing instability caused by the foreclosure crisis, economic downturn, and continued lack of housing affordability for many Commonwealth residents. Each bill has been developed in partnership with a wide range of housing and community development organizations and coalitions.
June 20, 2011
In the next two weeks, the Congress will be considering the American Recovery and Reinvestment Bill of 2009. This package is the first crucial step in a concerted effort to create and save 3 to 4 million jobs, jumpstart our economy, and begin the process of transforming it for the 21st century with $275 billion in economic recovery tax cuts and $550 billion in thoughtful and carefully targeted priority investments with unprecedented accountability measures built in.
The package contains targeted efforts in:
June 20, 2011
Today U.S. Housing and Urban Development Secretary Steve Preston approved the State of Massachusetts’ plan for more than $43.4 million in funding to recover from the effects of high foreclosures and declining home values. Funded under HUD’s new Neighborhood Stabilization Program (NSP), the State will shortly begin to target emergency assistance to communities by acquiring and redeveloping foreclosed properties that might otherwise become sources of abandonment and blight.
June 20, 2011
Statement of Mr. Shaun Donovan Nominee for Secretary of the U.S. Department of Housing and Urban Development
Tuesday, January 13, 2009
June 20, 2011
HUD has launched a new campaign to urge homeowners to seek free, HUD-approved housing counseling advice before they are at risk of foreclosure. Housing counselors have more options to assist homeowners when they call early in the process. Learn more about the Keep Your Home. Know Your Loan. campaign.
June 20, 2011
BOSTON - January 2009 - In keeping with the Patrick-Murray Administration's multi-faceted response to the foreclosure crisis, the Division of Banks (Division) today opened its online database of Massachusetts foreclosure notices to the general public. The web-based resource, available at www.mass.gov/dob, allows the Division to study trends and better focus foreclosure examination efforts.
June 20, 2011
The Patrick-Murray administration is undertaking a comprehensive set of initiatives to reform our emergency shelter and housing delivery systems.
Please click here to read more.