Massachusetts RealEstateRama

BOSTON - January 20, 2015 - (RealEstateRama) -- Four national banks agreed to pay a total of $2.7 million and undertake obligations to facilitate the repair of defective property titles, resolving claims that they unlawfully foreclosed on properties in Massachusetts when they did not hold the mortgages, Attorney General Martha Coakley announced today

FALL RIVER - December 31, 2014 - (RealEstateRama) -- An Easton man has pleaded guilty and been sentenced to jail in connection with stealing $112,000 from customers in a “Rent to Own” advance-fee scheme, Attorney General Martha Coakley’s Office announced today.  He was also ordered to make full restitution to his victims

BOSTON - December 23, 2014 - (RealEstateRama) -- Delivering on a commitment of the Walsh Administration’s housing plan, Mayor Martin J. Walsh announced today that he has signed an ordinance, offered in the City Council by Councilor Josh Zakim, which doubles the amount of compensation offered to tenants when their units become converted into condominiums

BOSTON - December 23, 2014 - (RealEstateRama) -- Friday, December 19, 2014 –Department of Housing and Community Development Undersecretary Aaron Gornstein today announced more than $15 million in funding to create over 235 new units of supportive housing for veterans, homeless and very low income households across the Commonwealth. With these new units, the Patrick Administration has funded a total of 3,065 supportive housing units, tripling the amount of Governor Deval Patrick’s goal a year early.

BOSTON - December 22, 2014 - (RealEstateRama) -- Today Mayor Martin J. Walsh announced the City of Boston has selected The Venture Café Foundation to operate the Roxbury Innovation Center in the new Bruce C. Bolling Municipal Building in Dudley Square. The approximately 3,000-square-foot Center will be located in the new headquarters of the Boston Public Schools (BPS), and aims to encourage collaboration, bold thinking, and new business development.

WASHINGTON, D.C. - December 18, 2014 - (RealEstateRama) -- On Thanksgiving, Mayor Martin J. Walsh announced the formation of the Mayor's Task Force on Individual Homelessness, a group charged with examining Boston’s current shelter system and available support services, and outlining a strategy that will put homeless individuals on a path to permanent housing. Today, Mayor Walsh shared the details of this task force, as well as a list of participating members

BOSTON - December 17, 2014 - (RealEstateRama) -- Tuesday, December 16, 2014 - Marking the Patrick Administration’s commitment to reducing homelessness in the Commonwealth, Department of Housing and Community Development Undersecretary Aaron Gornstein today presided over a meeting of the Interagency Council on Housing and Homelessness (ICHH).The ICHH has met monthly since 2008, and today’s session marks the final under Governor Deval Patrick’s leadership.

BOSTON - December 16, 2014 - (RealEstateRama) -- Two Boston-area landlords will perform health-protective improvements on five Dorchester, Mass. properties to settle EPA claims that they failed to follow federal lead paint disclosure laws.

BOSTON - December 11, 2014 - (RealEstateRama) -- MassHousing and the state Department of Housing and Community Development (DHCD) announced $22 million in Affordable Housing Trust Fund (AHTF) loan closings today for affordable housing in 16 communities.

FRAMINGHAM - December 10, 2014 - (RealEstateRama) -- Governor Deval Patrick today announced the launch of a Massachusetts Pay for Success (PFS) initiative that will leverage philanthropic and private capital investments to reduce chronic individual homelessness, creating a new model of sustainable state support for chronically homeless individuals. The initiative will provide 500 units of stable supportive housing for up to 800 chronically homeless individuals over 6 years, improving the well-being of individuals while saving taxpayer dollars by reducing the utilization of costly emergency resources like shelter and Medicaid payments

New York, NY, - May 27, 2014 - (RealEstateRama) -- PCCP, LLC announced today it has provided a $98 million loan to finance the construction of a 269-unit Class A multifamily property that also includes 27,595 square feet of ground floor retail space. The project is located at a prime intersection at Moody Street and Main Street in the heart of Waltham, Massachusetts, a thriving city nine miles west of Boston. The owner/developer is Northland Investment Corporation

BOSTON - April 29, 2014 - (RealEstateRama) -- On the second anniversary of the first-in-the-nation foreclosure prevention program HomeCorps, Attorney General Martha Coakley once again urged Fannie Mae and Freddie Mac to engage in principal reduction as a means to keeping people in their homes. AG Coakley also released the report Rebuilding the Commonwealth: Recovering from the Foreclosure Crisis and Setting the Foundation for Future Success , offering a transparent record of the actions taken during the crisis and documenting the ways more than $850 million was recovered and provided to Massachusetts homeowners and investors since 2007

WASHINGTON, D.C. - October 7, 2013 - (RealEstateRama) -- Boston Public Library continues its series of roundtable discussions to update library users and interested residents on the Johnson Building Improvement Project. The first phase of construction,...

BOSTON - October 2, 2013 - (RealEstateRama) -- MassHousing is sponsoring a free Homebuyer Fair, this Saturday, October 5, from 10 a.m. to 2 p.m. at the Dartmouth Mall.

BOSTON - September 30, 2013 - (RealEstateRama) -- MassHousing is partnering with the Buy Cities program and six MassHousing-approved lenders to promote affordable homeownership opportunities in New Bedford and Fall River.

REVERE - September 27, 2013 - (RealEstateRama) -- Thursday, September 26, 2013 - Governor Deval Patrick today toured Revere with local officials to discuss the importance of partnering with cities and towns to grow jobs and create economic opportunity....

SPRINGFIELD, Mass. - September 25, 2013 - (RealEstateRama) -- The City of Springfield, Massachusetts and Eastman Chemical Company today dedicated the Congressman Richard E. Neal Indian Orchard Community Park. Located at 1708 Page Boulevard, the park ha...

SPRINGFIELD, Mass. - September 24, 2013 - (RealEstateRama) -- The City of Springfield, Massachusetts and Eastman Chemical Company today dedicated the Congressman Richard E. Neal Indian Orchard Community Park. Located at 1708 Page Boulevard, the park ha...

WASHINGTON, D.C. - July 31, 2013 - (RealEstateRama) -- Mayor Thomas M. Menino announced today that 37 Hendry Street, a property key to the revitalization of Dorchester’s formerly-blighted Hendry Street, has been sold to Urban Neighborhood Homes, LLC,...

BOSTON - July 31, 2013 - (RealEstateRama) -- The U.S. Department of Housing and Urban Development and the U.S. Environmental Protection Agency today announced that the Springfield, Massachusetts Housing Authority will pay an $11,000 penalty for failing...