Massachusetts

Massachusetts

Massachusetts Case Reveals Impact of Last Summer’s Disparate Impact Decision

Tenants at Burbank Apartments in Massachusetts sued when the building’s owner decided not to renew a Section 8 contract with HUD, arguing that it would disproportionately impact people of color. The court’s final decision was made after careful consideration of last summer’s Supreme Court ruling on disparate impact and the Fair Housing Act.

Massachusetts

LIHTC Deal Preserves Low-Income Housing, Creates Workforce Housing

In addition to preserving housing for residents making a little at 30% of area median income, the project includes a unique workforce housing component for residents earning up to 95% of the area median income.

QAP Massachusetts

Massachusetts Issues NOFA for Mixed-Income Community Demonstration

The State-Aided Public Housing Mixed-Income Community Demonstration Program will fund the planning and pre-development costs associated with developing new moderate or market-rate housing on existing and surplus PHA owned property.

QAP Massachusetts

Massachusetts Hosts Rental Round Information Session

DHCD will hold two information sessions for sponsors whose rental pre-applications were approved by the Department in January 2016. Location: DHCD, 100 Cambridge Street, 2nd Floor, Room A Dates/times: Monday, February 22:  11:00 AM Wednesday, February 24:  11:00 AM Because space is limited, we ask that each sponsor/team send no more than two participants to the session of choice.  […]

Massachusetts

Massachusetts Issues Planning Grant NOFA for State Public Housing

Up to $1 million in planning and pre-development funds is available to housing authorities interested in redeveloping their state-aided public housing as a mixed income development in partnership with a developer.

QAP Massachusetts

Massachusetts Opens Winter 2016 Affordable Housing Competition

The deadline for submitting applications to the winter 2016 affordable housing competition will be Friday, March 11, 2016.

QAP Massachusetts

Massachusetts Holds QAP Hearing December 11

DCHD has scheduled a public hearing for December 11, 2015, at 11:00 am to solicit comments on the 2016 draft Qualified Allocation Plan (QAP) for the Low Income Housing Tax Credit.

QAP Massachusetts

Massachusetts DHCD Updates Chapter 40T Preservation Program

Massachusetts DHCD is updating the state’s Chapter 40T preservation program regulations to better reflect current agency practices. A draft of the changes is expected to be released for public comment in January 2016.

Massachusetts

WinnDevelopment Completes Phase II of Adaptive Reuse in Lawrence, MA

WinnDevelopment is transforming the historic former Malden Mills manufacturing site into affordable housing. WNC, which provided approximately $12.7 million in low-income housing tax credit (LIHTC) equity to fund the adaptive reuse project, announced the completion of Malden Mills Phase II – Loft Five50, comprised of 62 units of affordable housing in Lawrence, Mass.

QAP Washington

IRS Divides $2.59M of Unused 2015 LIHTCs Among 30 States

The Internal Revenue Service divided $2.59 million in unused Low Income Housing Tax Credits from calendar year 2015 among 30 states.

Massachusetts

Governor Appoints Michael J. Dirrane as Chairman of MassHousing

Michael J. Dirrane has been appointed by Governor Baker as Chairman of the MassHousing Board of Directors. It is the second time Mr. Dirrane has led the nine-member Board that governs the affordable housing agency.

Massachusetts

MHIC Closes Financing for New 20-Unit Affordable Housing Project in Cambridge, Mass.

Massachusetts Housing Investment Corporation announced closing of a $3.6 million low-income housing tax credit investment for new construction of affordable rental housing in Cambridge, Mass.

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