Housing News

Click here for the NOFA document. Click here for additional information and documentation on DHCD's website.
Please click here for DHCD's announcement and contact information.
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.
Please click here to download Tim Warren's presentation from CHAPA's July 17th forum on foreclosures in Massachusetts.
Please click here to download DHCD's newsletter.
Integrated Mortgage Disclosures under the Real Estate Settlement Procedures Act (Regulation X) and the Truth In Lending Act (Regulation Z) AGENCY: Bureau of Consumer Financial Protection. ACTION: Proposed rule with request for public comment - comments due September 7, 2012  
The Federal Reserve Bank of Boston is encouraging borrowers who were financially harmed in the mortgage foreclosure process in 2009 and 2010 to request an independent review. If the review finds errors in how your foreclosure was handled, you may be eligible to receive compensation. You have until September 30, 2012, to submit your request. Get more information or start the process by visiting www.independentforeclosurereview.com
State Updates Massachusetts Legislature Approves FY2013 Budget, Increases Funding for Several Housing Programs On June 28, 2012 the Massachusetts Legislature finalized its FY’13 budget.  Governor Patrick now has 10 days, excluding Sundays and holidays, to sign the budget and issue vetoes or amendments for budget items he does not approve.
Public Housing and the Patrick-Murray Administration’s Vision Since taking office in 2008, the Patrick-Murray Administration has taken bold and decisive action to protect and strengthen the safety net that state-aided public housing’s 45,600 units provides for our state’s most vulnerable families, seniors and persons with disabilities. The significant gains this Administration has made through substantial funding increases and program innovation laid the foundation for the work of the Commission for Public Housing Sustainability and Reform (“The Commission”).
Click here for a memo on the pre-application from Undersecretary Aaron Gornstein. Please click here to download the pre-application form. Click here to read the final housing development priorities from DHCD.

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