FY2014 State Budget Conference Bill - July 3, 2013. Please click here
Housing News
July 3, 2013
HUD published a revised Program Notice for the Rental Assistance Demonstration (RAD) program for comment on July 2, 2013. As detailed in the Federal Register, some of the revisions are effective immediately, but HUD will accept comments on all elements through August 1, 2013. The revised Notice (PIH 2012-32 Rev1) includes changes in participant eligibility and selection criteria, as well as clarifications of existing instructions, for both the public housin
July 1, 2013
TD Bank has announced the opening of the application period for its 2013 Housing for Everyone Grant program. Applications are due by August 30. The program will award a total of $2.5 million this year to 25 local non-profit organizations that address affordable housing needs in communities served by TD Bank, including $500,000 for organizations in Massachusetts, Rhode Island and Connecticut. The theme of this year’s competition is Neighborhood Revitalization and Stabilization. Applications for funding must focus on:
June 26, 2013
Publication Date:
Wednesday, June 26, 2013
State Updates
June 25, 2013
On June 25, the Department of Housing and Community Development announced the award of $750,000 in Community Investment Tax Credit (CITC) grants to 28 community organizations across the state. Twenty Seven (27) community development corporations (CDCs) received awards of $25,000 each and the Massachusetts Association of Community Development Corporations (MACDC) received an award of $75,000. The grants will support the development or refinement of community investment plans
June 25, 2013
In an editorial published on June 25, The Boston Globe strongly endorsed a bill (H.1859) before the Massachusetts legislature to reform the state's Zoning Act. The editorial describes key elements of the bill, including incentives for municipalities to approve well-planned development. Zoning reform is one of CHAPA's legislative priorities for 2013. For the text of the bill, click
June 24, 2013
The Department of Housing and Community Development (DHCD) issued its 2013 Notice of Funding Availability (NOFA) for affordable rental housing developments today. Available resources include up to 100 project-based "value" vouchers under the Massachusetts Rental Voucher Program (MRVP) and up to 100 project-based vouchers under the Section 8 Housing Choice Voucher program. Applications must be submitted by August 2. Eligibility is limited to projects approved by DHCD through its pre-application proces
June 24, 2013
The Joint Center for Housing Studies at Harvard is hosting a live webcast release of its 2013 State of the Nation's Housing report on Wednesday, June 26 at noon. The event will be hosted by NPR reporter Chris Arnold, and viewers will be able to ask questions via Twitter and email. Other participants will include Eric Belsky (Joint Center), Eileen Fitzgerald (NeighborWorks), George McCarthy ( Ford Foundation) and Debra Still (Mortgage Bankers Association). For more information or to watch the live webcast at noon, click here.
June 20, 2013
Joseph Smith, the monitor for the National Mortgage Settlement agreement, has found that major servicers are failing to fully comply with the mortgage servicing standards. As detailed a June 19th press release by the Office of Mortgage Settlement Oversight, recent tests of five of the nation's largest banks found that four - including Bank of America, Citigroup, JP Morgan Chase and Wells Fargo - failed at least one of the 29 metrics used to measure compliance. The most common problem was failure to notify ho
June 17, 2013
This power point presentation was delivered by Dr. Chris Foote, Senior Economist and Policy Advisor with the Federal Reserve Bank of Boston, at CHAPA’s June 3 forum. Please click here to view it..