MassHousing Update, August 2019
FY19 Marks Second Highest Lending Total in MassHousing History
MassHousing provided more than $1.5 billion in affordable housing financing in Fiscal Year 2019, marking the second-largest lending total in the Agency's 53-year history. The financing helped to ensure that more than 9,000 Massachusetts households have an affordable place to call home. Continue reading...
Baker-Polito Administration Gives Workforce Housing $86 Million Boost
Governor Charlie Baker announced $86 million in new investment in the Commonwealth’s efforts to increase the availability of housing affordable to middle-income families. 

The commitment includes $60 million to create approximately 500 units that are affordable to middle-income homebuyers, and $26 million to support the creation of about 260 new middle-income rental units.  Continue reading...
Recent Rental Financing Transactions
MassHousing closed out FY19 by finalizing a number of multifamily transactions.

Squirrelwood, Cambridge
$22.8 million to Just-A-Start Corporation for the new construction of 23 apartments and the renovation and preservation of affordability of 65 existing apartments. Read the news release.
The Tannery, Peabody
$49.3 million to WinnCompanies , ensuring that 235 apartments will remain affordable to lower-income households and former Section 13A tenants for the long term.

Clippership, East Boston
$11.2 million to WinnCompanies and the Boston Housing Authority for the development of 22 rental housing units and 30 condominiums on the East Boston waterfront, including 14 workforce homeownership units in the condominium development.  Read the news release.
Peter Sanborn Place, Reading
$10.2 million to the non-profit Affordable Housing and Services Collaborative and First Church in Malden Homes, Inc. for property improvements and to extend affordability for seniors and disabled residents at the 74-unit Peter Sanborn Place.  Read the news release.
Worcester County Courthouse, Worcester
$35.8 million to Trinity Financial for the redevelopment of the former Worcester County Courthouse into 117 apartments for households across a wide range of incomes, including 45 workforce housing units. Read the news release.
Rogers Hall, Lowell
$7.5 million to the non-profit Rogers Hall Corporation for property improvements and to extend affordable rents for at least 25 years for seniors and disabled residents at the 61-unit Rogers Hall.  Read the news release.
MassHousing Supports Local Efforts to Confront Hoarding
Since 2015, MassHousing has made small grants to support the efforts of more than 20 local hoarding task forces. In 2019, $43,500 in grants helped local hoarding task forces hold 33 professional or peer led support groups with 493 sessions and 283 participants, as well as 47 public community education events, workshops or trainings for 643 participants. Continue reading...
Community Services Conference Resources Now Available
Presentations, links and other resources are now available from MassHousing’s 2019 Community Services Conference, “Supporting Victims of Domestic Violence and Sexual Assault,” which was held June 4 in Norwood.