Press Releases

Financing Completed for the 114-unit The Westcott in Swampscott, an Energy Efficient and Transit-Oriented Development near the Town’s Commuter Rail Station

MassHousing has closed on the final financing for the 114-unit The Westcott in Swampscott, which was developed by WinnCompanies on a former industrial site following approval by the Town of Swampscott through Chapter 40B. Read More

MassHousing Has Awarded $200,000 to Support Pilot Programs That Will Benefit Residents of Agency-Financed Rental Housing Communities

MassHousing has awarded $200,000 in Housing Stability grants to support pilot programs at three Agency-financed affordable housing communities in Boston to advance housing policy and develop promising practices that could be replicated. Read More

MassHousing Awarded $296,000 to Eight Organizations to Fund Summer Job Opportunities for 90 Youths Across Massachusetts

The Agency’s Summer Youth Employment Program allows participants to work up to 40 hours a week with a range of job opportunities. Read More

Moody’s Ratings Upgrades MassHousing’s Issuer Rating to Aa2 Based on the Agency’s Strong Financial Performance and Sound Management

First Upgrade in Over a Decade Highlights Significant Growth in Profitability, Net Position, and Reduced Operational and Credit Risk Read More

Related to Begin Comprehensive $38 Million Renovation of Loring Towers in Salem, Massachusetts

Related Beal together with Related Affordable, The Commonwealth of Massachusetts, and MassHousing today announced a complete upgrade and renovation of the Loring Towers affordable housing community built in Salem in 1974. Read More

Construction to Restore Affordable Housing Begins at Historic Warren Hall Building

Construction and restoration has begun on affordable housing units at the historic Warren Hall building, following the closing of financing, a collaborative effort between Allston Brighton CDC (ABCDC), Schochet, Mayor's Office of Housing at the City of Boston (MOH), Community Economic Development Assistance Corporation (CEDAC), MassHousing, and the Executive Office of Housing and Livable Communities (EOHLC), with private sector equity provided by R4 Capital and Dorfman Capital. Read More

Senior Residents Living at Beacon House in Boston Will See Property Improvements and the Longterm Extension of Affordability with $26.4 Million in MassHousing Financing

Rogerson Communities is refinancing and renovating the 135-unit housing community in Boston’s Beacon Hill Read More

MassHousing Has Awarded $150,000 to Support Art and Cultural Opportunities for Residents of Agency-Financed Rental Housing Communities

The Building Community Through Arts and Culture Program involves seven rental communities and benefits approximately 1,400 residents Read More

MassHousing has Awarded $300,000 for the Creation of Affordable Sober Housing in Bellingham and Lowell

Two nonprofit organizations supporting men and veterans impacted by substance use disorder will receive funding to help create 39 new sober housing units Read More

MassHousing Provides $50 Million in Affordable Housing Financing for the First Phase of the Redevelopment of the Campello Apartments in Brockton

The Brockton Housing Authority and Cambridge Housing Authority will replace distressed public housing units with new, energy efficient apartments. Read More