In this Issue
Workforce Housing


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Jun16-01Massachusetts Needs Workforce Housing
MassHousing Executive Director Tim Sullivan recently penned an op-ed piece for the Worcester Business Journal about the need for workforce housing in Massachusetts and how MassHousing has created a $100 million loan fund to help produce more housing for middle-income residents. Read Tim's op-ed.
Jun16-05NCSHA President Tom Gleason makes the case for housing bonds at U.S. House and Senate briefings

National Council of State Housing Agencies President and MassHousing Executive Director Emeritus Tom Gleason recently conducted two briefing sessions on Capitol Hill-one for House staff and the other for Senate staff-on the importance of tax-exempt municipal bonds.  Read the full story.
Jun16-02$14.3 million in MassHousing financing will support improvements at Spring Gate Apartments in Rockland
Families living at the 204-unit Spring Gate Apartments in Rockland will see extensive property improvements as a result of $14.3 million in MassHousing financing.

An affiliate of Connolly and Partners, LLC refinanced Spring Gate with MassHousing's loan program through the Federal Financing Bank, which resulted from a partnership established in 2015 with the U.S. Department of the Treasury, the U.S, Department of Housing and Urban Development, and state Housing Finance Agencies including MassHousing. Continue reading...
Affordability extended, improvements planned at the Bixby Brockton Apartments
Senior citizens at the 106-unit Bixby Brockton Apartments in Brockton will see the extension of affordability through year 2036 and property improvements as a result of $10.4 million in MassHousing financing.

Jun16-03Business partner profile: The Schochet Companies
MassHousing has had a longstanding partnership with the Braintree-based Schochet Companies in helping to foster affordable housing opportunities for residents of Massachusetts. 

The Schochet Companies is a full service real estate development and management company founded in 1973. Since that time, the company has developed, owned, and/or managed in excess of 6,500 apartments and over 600,000 square feet of retail and commercial space throughout New England and on the West Coast. Continue reading...
Homebuyer profile: The Thomas family

While in the process of buying a new home in Stoughton, Ben and Rebekah Thomas quickly realized it was going to be a team effort. Working with Rockland Trust's Joel Sugarman, the couple credit the homebuyer education course they took with ultimately getting a MassHousing Mortgage and buying a home they loved that fell within their price range.

Read Ben and Rebekah's homebuying success story.
Business partner profile: Chelsea Restoration
Chelsea Restoration Corporation (CRC) has provided community housing services in the Chelsea area for more than 35 years.

For most of that time, MassHousing has partnered with CRC to provide homebuyer education and pre-purchase counseling programs in English and Spanish that make it possible for low-to-moderate income residents make informed purchases, and then effectively manage their purchase over the long-term. Continue reading...
Jun16-06Operation Welcome Home Loan program continuing to serve Massachusetts Veterans
MassHousing's Operation Welcome Home Loan Program is serving Massachusetts veterans by providing quality home financing up to 100% of the purchase price. 

Since the program was announced in November, MassHousing has closed 22 loans for veterans with combined financing of $4.8 million. Continue reading...
Jun16-04Conference focuses on the Opioid Epidemic and Engaging the Massachusetts Housing Community
From left, MassHousing's Helena Padellaro, Gloucester Police Lt. David Quinn, John Rosenthal of Meredith Management and Debbie Piltch of Piltch Associates

MassHousing's 2016 Community Services Conference drew about 400 attendees and more than a dozen exhibitors to Framingham June 21 to discuss the opioid and heroin epidemic and how the Massachusetts housing community can help people overcome addiction. Continue reading...
Jun16-07Celebrating 26 years of mentoring elementary school students

MassHousing recently held its 26th Year-End Awards Ceremony for fourth-grade students participating in the S.T.A.R.R. Mentor Program.

The unique Striving Toward Academic Recognition and Respect Mentor (S.T.A.R.R.) Program involves MassHousing staff mentoring students at the Martin Luther King K-8 Inclusion School in Boston's Dorchester neighborhood. Continue reading...
Jun16-08MassHousing participates in Father's Day Walk

MassHousing again lent its support and a number of Agency staff participated in this year's Father's Day Walk for Families in Boston on Sunday June 19. The event was sponsored again this year by the City of Boston, Boston Police Department and MassHousing. Continue reading...