Massachusetts

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.

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.

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.  […]

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.

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

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.

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.

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.

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

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 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.

The Citizens’ Housing and Planning Association, Massachusetts Department of Housing and Community Development, Massachusetts Housing Partnership, and MassHousing are hosting a training on Chapter 40B on Friday, October 2, 7:30am to 2:30pm. The event will focus on the most up-to-date information regarding Chapter 40B and how your community can work with old and new developments […]