by iwd Tina | Jun 21, 2011 | Housing News
(Chicago, IL) — An innovative partnership to finance the preservation of federally-subsidized rental housing in underserved markets brings together major financial institutions, philanthropy, and the federal government.
The John D. and Catherine T. MacArthur Foundation, which is providing a $20 million guaranty in connection with this new effort, aims to attract $100 million for non-profit developers working to preserve and renovate approximately 20 rental properties nationwide serving more than 2,000 low-income residents. Projects already slated to move ahead include renovations of affordable rental housing for low-income families and seniors in Minneapolis, Oklahoma City, Omaha, and Toledo.
Please click here to read the full press release.
by iwd Tina | Jun 21, 2011 | Housing News
Please click here to read recommendations of the Mass Law Reform Institute concerning family homelessness policies.
by iwd Tina | Jun 21, 2011 | Housing News
Please click here to read the Building Blocks Coalition’s letter supporting funding of affordable housing and homelessness prevention in the FY 2011 Budget.
by iwd Tina | Jun 21, 2011 | Housing News
The number of foreclosures started by lenders in Massachusetts during the month of January dropped to the lowest level in more than a year, according to a new report by The Warren Group, publisher of Banker & Tradesman.
Lenders filed 1,874 petitions to foreclose – which mark the first step in the foreclosure process in Massachusetts – in January, a 9 percent decrease from 2,060 in December and 4.4 percent drop from a year earlier. Foreclosure petitions exceeded 2,000 for most months in 2009, falling below that number only in January and November.
Please click here for the full article.
by iwd Tina | Jun 21, 2011 | Housing News
Click here to view the Federal Register Notice from August 4, 2010.
Click here to view the FY2011 Proposed Fair Market Rents.
by iwd Tina | Jun 21, 2011 | Housing News
Foreclosure petitions reached the highest number in more than a year in August, while foreclosure deeds increased for the eighth straight month in Massachusetts, according to The Warren Group, publisher of Banker & Tradesman.
Foreclosure petitions – the first step in the foreclosure process in Massachusetts – jumped to 2,713 in August, a 13.23 percent increase from a year ago, when there were 2,396 starts. Foreclosure petitions were also up in August from the 2,307 starts recorded a month ago. A total of 18,358 foreclosure petitions have been recorded so far this year, a slight decrease from the 19,108 recorded during the same period in 2009.
Please click here to read the full article.
