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Housing News
Consensus Proposal to Congress on the Low Income Housing Tax Credit Program – September 4, 2009
Please click here to read the proposal.
MA Division of Banks Releases Application for Foreclosure Prevention and First-Time Homebuyer Counseling Funds – October 2, 2009
MACDC has released the Funding Application from the MA Division of Banks 2010 funding for Regional Foreclosure Education Centers and Foreclosure Prevention, and First-Time Homebuyer Counseling Programs. Grants are for one year, starting in January. Applications are...
“Don’t Blame the Community Reinvestment Act” by Ellen Seidman – August 13, 2009
The American Prospect - Homeownership rates and CRA enforcement soared in the 1990s, but sub-prime came later. CRA shouldn't be the scapegoat for the housing meltdown. Please click here to read the full article.
HUD Announces Neighborhood Stabilization Program Technical Assistance Awards – August 27, 2009
WASHINGTON - U.S. Department of Housing and Urban Development Secretary Shaun Donovan today announced HUD is launching a $50 million effort to help state and local governments address the inventory of foreclosed properties assisted under the Department's Neighborhood...
Attorney General Coakley Announces Grant Funds for Foreclosure Prevention – September 21, 2009
BOSTON – Today, Attorney General Martha Coakley’s Office launched three new grant programs totaling $4 million that help provide active jobs for youth at risk, support the rehabilitation of abandoned property and promote financial literacy as a means to prevent...
Treasury Department Extends Tax Credit Exchange Program Disbursement Deadline – August 31, 2009
The Department of the Treasury is amending its policy regarding the time limitation within which State housing credit agencies must disburse funds received under section 1602 of the American Recovery and Reinvestment Tax Act of 2009. This change will allow States to...
Secretary of State Releases Guidance on New MA Lobbying Law – September 25, 2009
A State guidebook on lobbying can be found here. Please click here for FAQs for lobbyists.
Action Alert: Support Consensus Low Income Housing Tax Credit Proposals – October 13, 2009
Action Alert: Contact your member of Congress to urge support of Consensus Low Income Housing Tax Credit Proposals The most successful affordable rental housing production program in U.S. history - the Low Income Housing Tax Credit (Housing Credit) program - has been...
HUD Releases Proposed Fair Market Rents for Section 8 Program – August 3, 2009
Click here to view the 2010 Proposed Fair Market Rents for the Section 8 Program.
House Passes Expiring Use Bill Unanimously – October 28, 2009
Click here to view the bill. Click here to view a section by section summary of the expiring use bill. Click here to read CHAPA press release.