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Housing News
Emergency Economic Stabilization Act of 2008 – September 29, 2008
A bill to provide authority for the Federal Government to purchase and insure certain types of troubled assets for the purposes of providing stability to and preventing disruption in the economy and financial system and protecting taxpayers, and for other purposes. A...
MA Senate Passes Expiring Use Bill Unanimously – July 21, 2009
Please click here for text of the Bill.
HUD Issues Final Rule on Changes to Real Estate Settlement Procedures Act – November 13, 2008
On November 12, 2008, the U.S. Department of Housing and Urban Development issued long-anticipated mortgage reforms that will help consumers to shop for the lowest cost mortgage and avoid costly and potentially harmful loan offers. HUD will require, for the first time...
MHIC and State Agencies Seek Comment on NSP2 Application – July 6, 2009
Please click here for more information on the joint application.
New Treasury Guidelines for Homeowner Affordability and Stability Plan – March 4, 2009
U.S. Department of Treasury - The Obama Administration today announced new U.S. Department of the Treasury guidelines to enable servicers to begin modifications of eligible mortgages under the Administration's Homeowner Affordability and Stability Plan – announced by...
Program Manager Job Opening at CHAPA – November 18, 2008
CHAPA is seeking an energetic individual to join its staff as the Program Manager for a new venture we are undertaking. In coordination with a foreclosed properties task force, municipalities, and the state housing agencies, CHAPA will be launching a new program to...
President-elect Obama Nominates Shaun Donovan as HUD Secretary – December 15, 2008
NY Times article Announcing Shaun Donovan as HUD Secretary President-elect Obama’s weekly address announcing Donovan Shaun Donovan's biography (NY Times) Biography from the NYC Department of Housing Preservation and Development
CEDAC Releases Update to Massachusetts Expiring Use Inventory – December 15, 2008
The Expiring Use report, prepared by CEDAC, uses the most current data available from HUD and MassHousing, based on updates from mid-October 2008. Full Expiring Use Report Report End Notes
HUD-DOE Announce Weatherization Agreement – May 7, 2009
HUD and the Department of Energy (DOE) have announced an interagency agreement that will help pave the way for the Weatherization of HUD assisted and LIHTC properties. DOE has concluded that existing income verification procedures for HUD assisted, public housing, and...
Joint Statement on Citigroup by US Treasury, Federal Reserve, and FDIC – November 25, 2008
The U.S. Government on Sunday entered into an agreement with Citigroup to provide a package of guarantees, liquidity access and capital. As part of that agreement, Treasury and the FDIC will provide protection against the possibility of unusually large losses on an...