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Housing News
CPA Match Hits Record Low – October 14, 2009
BOSTON – The Community Preservation Act (CPA) trust fund payment distributed this week to 135 eligible municipalities was the lowest since the program began, according to data from the state Department of Revenue (DOR). The FY10 base payment of a 34.8 percent match to...
Governor Patrick Releases Capital Budget; Housing Programs Cut by $23 Million – October 8, 2009
For more detail on the budget cuts, please click here. Click here for MACDC's budget analysis.
HUD Secretary Shaun Donovan’s Keynote Speech at the CHAPA Annual Dinner – October 23, 2009
Please click here for the full text of Secretary Donovan's speech.
Troubled Mortgages Hit Record High (Washington Post) – August 21, 2009
The proportion of homeowners delinquent on their mortgage or in foreclosure rose to its highest levels in at least four decades, according to industry data released Thursday, despite extensive government efforts to help borrowers and signs that the economy is starting...
Assistant Program Manager Job Opening at CHAPA – August 10, 2009
At the request of municipalities and state agencies, CHAPA serves as a monitoring agent for some mixed-income housing developments in Massachusetts. This involves ensuring that income-eligible low and moderate income households occupy the affordable units, and...
WBUR Report – Housing in Boston Less Affordable Than Ever – October 26, 2009
WBUR “Report: Housing In Boston Less Affordable Than Ever” Listen Barry Bluestone, dean of Public Policy and Urban Affairs at Northeastern University and co-author of the Boston Foundation’s 2009 housing report card which was released Monday, reveals that a spike in...
Building Blocks Releases Letter to Governor Patrick on Emergency Cuts – October 6, 2009
Please click here for to read the letter.
Mass Economy Expected to Grow in Third Quarter (MassBenchmarks) – July 31, 2009
Economic activity in Massachusetts is estimated to have declined at a 1.6 percent annualized rate in the second quarter of 2009, according to the MassBenchmarks Current Economic Index. The U.S. Bureau of Economic Analysis reported today that the national economy...
Governor Patrick Awards $45.5 Million to Jump-Start Housing Tax Credit Developments – August 18, 2009
BOSTON – Tuesday, August 18, 2009 – As part of his Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick today announced the state will target $45.5 million in federal recovery funds to help jump start delayed affordable housing...
Funding Shortfalls Cause Cut is Section 8 Vouchers (CBPP) – September 18, 2009
As a result of a shortfall in funding for the Housing Choice Voucher Program for calendar year 2009, an estimated 400 state and local housing agencies across the country will be forced to reduce or eliminate rental assistance for a significant number of the 500,000...