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Housing News
Treasury Department Rejects Sale of Housing Tax Credits by Fannie Mae – November 12, 2009
WASHINGTON — The Obama administration on Friday rejected a proposal by Goldman Sachs to buy as much as $1 billion in tax credits from Fannie Mae, saying the deal would have amounted to a net loss for taxpayers. Please click here for the full New York Times...
Patrick-Murray Administration to Hold Community Forums on Fiscal Year 2011 Budget – November 23, 2009
BOSTON - Monday, November 23, 2009 - Building on his commitment to civic engagement and governing for the long-term, Governor Patrick and senior administration officials will host 19 Budget Hearings and Forums across the Commonwealth over the next five weeks to ensure...
DHCD Releases Final Report on Gateway Plus Action Grants – February 19, 2010
DHCD awarded $1.35 million on November 25, 2008 to 18 cities to assist urban revitalization efforts through a new state initiative designed to support affordable housing and economic development opportunities for mixed-income communities across Massachusetts. Gateway...
Bay State Home Sales Jump To Highest Level In Four Years In June (Banker & Tradesman) – July 27, 2010
More than 5,700 single-family homes sold in Massachusetts in June, the highest amount for any month since June 2006, according to the latest report by The Warren Group, publisher of Banker & Tradesman. Single-family home sales increased 28 percent in June, the...
Mass. Single-Family Home, Condo Sales Soar In November (Banker & Tradesman) – December 22, 2009
Sales of single-family homes and condominiums in Massachusetts surged by more than 50 percent in November compared to the same month in 2008, according to The Warren Group, publisher of Banker & Tradesman. November was the fifth consecutive month that...
New York Times Editorial Supports Bill to Reinvigorate Federal Tax Credit Program – May 17, 2010
May 14, 2010 - New York Times carries an editorial explaining the importance of Senator Cantwell's and Senator Bingaman's bills to reinvigorate the Low Income Housing Tax Credit (LIHTC) program. This editorial is the result of hard work by Enterprise Community...
Governor Patrick Approves FY’11 Budget – July 2, 2010
Housing Programs FY 2011 June 30, 2010 Budget Analysis
DHCD Promulgates Regulations to Implement Affordable Housing Preservation Law, CH. 40T – May 21, 2010
Please click here to visit DHCD's website where you will find a notice on and text of the regulations.
HUD Releases Report on FHA Finances – November 13, 2009
Washington, DC – U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan and Federal Housing Administration (FHA) Commissioner David H. Stevens today briefed members of the media, industry leaders and congressional Members on the FHA’s financial...
A Message from CHAPA’s Executive Director Regarding the Defeat of Question 2 – November 4, 2010
Dear CHAPA Members: On behalf of the board and staff, I want to offer my sincere thanks to everyone who worked on the Campaign to Protect the Affordable Housing Law. With your help, we were able to achieve a decisive victory of 58% to 42%, which was the largest margin...