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...

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...

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

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 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...

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...

Please click here to read CHAPA's letter to Chairman of the House Committee on Ways and Means, Charles Murphy, supporting amendments to the FY' 10 House Ways and Means budget.

Economic activity in Massachusetts is estimated to have declined at a 4.2 percent annualized rate in the first quarter of 2009, according to the MassBenchmarks Current Economic Index. The US Bureau of Economic Analysis reported today that the national economy declined...

The federal Department of Housing and Urban Development (HUD) has awarded $54.8 million from the Housing and Economic Recovery Act (HERA) to Massachusetts and four of its cities.  These NSP funds are to be used primarily for the acquisition and rehabilitation of...

HUD and the Treasury Department issued guidance on the Tax Credit Assistance Program (TCAP) and the Low Income Housing Tax Credit Exchange Program (“Section 1602”) on May 4, 2009. They held a joint webcast on May 6 to discuss the programs and issues that will be...