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Housing News
MA Attorney General Certifies State Ballot Initiatives – September 3, 2009
Please click here for a list of petitions and descriptions of each.
House Passes HUD FY2010 Appropriations Bill – July 28, 2009
H.R.3288 TITLE: Making appropriations for the Departments of Transportation, and Housing and Urban Development, and related agencies for the fiscal year ending September 30, 2010, and for other purposes.
Governor Patrick Announces $50.3 Million to 10 Projects for Housing Tax Credit Exchange Program – October 15, 2009
GOVERNOR PATRICK ANNOUNCES $50.3 MILLION IN RECOVERY FUNDS TO REVIVE STALLED HOUSING DEVELOPMENTS U.S. Treasury’s tax credit exchange funds to restart 10 projects, create jobs BOSTON – Thursday, October 15, 2009 – As part of the Patrick-Murray Administration’s...
Governor’s Emergency Budget Cuts Largely Spare Affordable Housing Programs – October 29, 2009
For list of cuts click here. To review Governor’s companion legislation to implement additional recommendations click here.
Mortgage Bankers Association Releases Recommendations on Government’s Role in the Secondary Mortgage Market – September 4, 2009
In October of 2008, The Mortgage Bankers Association's brought together a Council on Ensuring Mortgage Liquidity. The below report suggests a framework for government involvement in the single-family and multifamily secondary mortgage markets, with a particular focus...
Treasury Department Expected to Provide $35 Billion to Housing Finance Agencies (Washington Post) – October 1, 2009
The Obama administration is close to rolling out two initiatives aimed at addressing lingering problems from the financial crisis: A long-delayed effort to cleanse financial firms of their toxic assets, and a $35 billion plan to prop up state programs that help...
Obama Administration Announces $60 Million in Housing Counseling Grants – October 14, 2009
WASHINGTON – U.S. Housing and Urban Development Secretary Shaun Donovan announced today $60 million in housing counseling and counseling training grants to nearly 500 national, state, and local agencies. Please click here for the full press release.
Obama Administration Calls on Congress to Approve Key Housing Measures – October 29, 2009
WASHINGTON, DC – Treasury Secretary Tim Geithner and HUD Secretary Shaun Donovan called on Congress to approve three important measures to improve housing and the housing market for Americans: extension of the First Time Homebuyers Tax Credit for a limited period,...
Obama Administration Announces Initiative for State and Local Housing Finance Agencies – October 20, 2009
WASHINGTON – As part of its comprehensive plan to stabilize the U.S. housing market, the Obama Administration today announced a new initiative for state and local housing finance agencies (HFAs) that will help support low mortgage rates and expand resources for low...
Treasury Department Releases New Guidance on Tax Credit Exchange Program – September 23, 2009
The Treasury Department's Frequently Asked Questions on the Tax Credit Exchange Program.