Please find below powerpoint presentations and handouts from the February 12th training in Boston and for the February 28th training in Springfield, and important links to the Office of Consumer Affairs and Business Regulation/Division of Banks website:
Housing News
State Updates
Governor Patrick Releases FY2014 Budget Proposal
The Patrick-Murray Administration has released its FY2014 budget proposal. The Governor’s proposal maintains level funding for most of CHAPA’s top housing priorities. The Governor also proposes a new Housing Stabilization and Preservation Trust Fund to invest DHCD savings into effective housing and homelessness prevention programs.
According to the CBPP:
"Automatic, across-the-board funding cuts in most federal programs (or “sequestration”) had been scheduled to begin on January 2, but the “fiscal cliff” budget deal enacted by President Obama and Congress delays these cuts until March 1, 2013. The budget deal also reduces the amount to be sequestered in fiscal year 2013 by $24 billion, to $85 billion.
BOSTON – Thursday, February 14, 2013 – Lieutenant Governor Timothy Murray today joined U.S. Department of Housing and Urban Development (HUD) New England Regional Administrator Barbara Fields and U.S. Department of Health and Human Services (HHS) Regional Director Christie Hager to announce a $5.3 million award to the Patrick-Murray Administration’s Department of Housing and Community Development (DHCD) as part of the state’s effort to increase supportive housing units and help hundreds of residents with disabilities avoid homelessness or unnecessary institutionalization.
WASHINGTON – To prevent thousands of people with disabilities from experiencing homelessness or unnecessary institutionalization, the U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Health and Human Services (HHS) today announced nearly $98 million in funding for 13 state housing agencies for rental assistance to extremely low-income persons with disabilities, many of whom are transitioning out of institutional settings or are at high risk of homelessness.
Announcing the Working Cities Challenge:
A New Initiative for Massachusetts Smaller Cities
Projects will create over 1,700 construction jobs across Massachusetts
REVERE – February 7, 2013 – Continuing the Patrick-Murray Administration’s commitment to improving housing infrastructure as a means to growing local businesses and improving communities, Secretary of Housing and Economic Development Greg Bialecki today announced $67 million in affordable housing resources and tax credits for 23 developments in 21 communities across the Commonwealth.
CHAPA is introducing the second phase of its Welcome Home Massachusetts initiative: Technical Assistance Grants will be offered to communities to both energize and mobilize local support for affordable housing or create additional affordable housing opportunities.
The Welcome Home Massachusetts grant funding will be provided to each recipient community to advance a specific housing development or create a better environment in which to advance a local housing agenda.
Please click here to download the bill text.
For immediate release (From the Federal Reserve Board)
Goldman Sachs and Morgan Stanley have reached agreements in principle with the Federal Reserve Board to pay $557 million in cash payments and other assistance to help mortgage borrowers.