Press Releases

Financing in Place for the Redevelopment of a Boston Hotel Into 99 Studio Apartments for Formerly Homeless Individuals

The Community Builders, Inc. will redevelop the Morrissey Boulevard property with public and private financing with supportive services provided by Pine Street Inn Read More

MassHousing and the City of Boston Announce Closing of Financing for the Consolidation and Renovation of Two Dorchester Affordable Housing Communities

Affordable Housing and Services Collaborative, Inc. plans more than $19 million in property improvements at the newly constituted, 91-unit Columbia Uphams Apartments Read More

MassHousing Has Closed on $22 Million in Financing for the Redevelopment of Two Former Salem School Buildings into 61 New Affordable Rental Homes

North Shore Community Development Coalition will develop the new housing on separate parcels on Federal Street and Hawthorne Boulevard near downtown Salem Read More

Massachusetts Community Climate Bank Marks One Year of Operations

Nationally leading climate finance platform will drive clean energy investment in Environmental Justice communities Read More

MassHousing and Esusu Announce Groundbreaking Rent Reporting and Rent Assistance Pilot Program

MassHousing and Esusu, the leading fintech platform leveraging rental data to build and establish credit scores and improve property performance, today announced a pilot program for Rent Reporting and Rent Relief at six Massachusetts rental housing communities to encourage the broader use of rent reporting services within the affordable housing ecosystem and test approaches to rental assistance for households with missed rent payments. Read More

MassHousing Has Closed on $8 Million in Affordable Housing Financing for the Development of 32 New Cottage-Style Rental homes in Lancaster

MCO and Associates, Inc. is currently building the new housing community that was permitted under Chapter 40B Read More

Construction Completed on Acre Crossing in Lowell, which Includes 32 New Homes for Purchase by Moderate-Income, First-Time Homebuyers, and a New Jeanne D’Arc Credit Union Office Building on a Redeveloped Parcel in Lowell’s Acre Neighborhood

A ribbon was cut today to mark the completion of Acre Crossing in Lowell, where a parcel in the city’s Acre neighborhood was redeveloped into 32 new homes for sale to first-time, moderate-income homebuyers, and a new five-story office building for Jeanne D’Arc Credit Union (JDCU). Read More

City of Boston and MassHousing Announce Support for Three Boston Projects to Create 55 New Homes for Purchase by Moderate-Income, First-Time Homebuyers

The City of Boston and MassHousing announced today that three sets of vacant city-owned lots will be transformed into a total of 55 new affordable homeownership opportunities for first-time homebuyers. Read More

Just A Start and Project Partners Break Ground for 52 New Street in Cambridge

The 106-unit rental housing community is being developed in partnership with the Commonwealth of Massachusetts, the City of Cambridge, MassHousing, Callahan, Inc. and RODE Architects on the site of a vacant building and parking lot Read More

Residents Living at the 501-unit Clarendon Hill Towers Apartments in Somerville Will See Substantial Property Improvements With $50 Million in MassHousing Financing

Connolly and Partners, LLC, and the Clarendon Hill Towers Tenants Association plan approximately $13 million in property renovations Read More