MassHousing Update, May 2020
To our partners, customers and stakeholders
MassHousing remains open and will continue to provide mission-critical business during this unprecedented period of time. View COVID-19 information and resources for homeowners, renters and multifamily business partners.
MassHousing Lending Remains Strong
As we enter the final stretch of fiscal year 2020, MassHousing lending remains strong on both the Homeownership and Multifamily sides of the Agency. Overall, MassHousing has closed more than $915 million in financing. Read more...
Mortgage Insurance with MI Plus Offers Peace of Mind
MassHousing's Mortgage Insurance with MI Plus® was created in 2004, well before the coronavirus. But MI Plus was created exactly for times like these. Read more...
HomeOwnership Adapts Operations and Products to Serve Homeowners and Homebuyers
MassHousing’s HomeOwnership team has responded to the COVID-19 crisis with multiple changes to its products and operations, all made possible by prior planning and an unwavering commitment to the Agency’s values. Read more...
An update from MassHousing's Rental Business Lines
At a time when affordable housing has become more important than ever, MassHousing is pleased to continue working with our owner and developer partners to create and preserve affordable rental housing. Read more...
Recent Rental Transactions

Melville Towers, New Bedford: $42.7 million to Affordable Housing and Services Collaborative, Inc. to extend affordability at the 327-unit property for low-income seniors for at least 36 years. Read more...

Merrimack Valley Apartments, Methuen: $7.9 million to Community Teamwork, Inc. to preserve affordability at the 60-unit property for lower-income seniors for at least 23 years. Read more...

35 Village Hill Road, Northampton: $2.8 million in affordable workforce housing financing to The Community Builders and Valley CDC for the construction of a 12-unit property as part of the redevelopment of the former Northampton State Hospital site. Read more...

28 Austin Street, Newton: $1.3 million in affordable workforce housing financing to Austin Street Partners LLC, for the new, 68-unit development, the first rental housing permitted in the city in more than 12 years. Read more...
Multifamily Accelerated Processing (MAP) Lending Updates
MassHousing Awards $700k in COVID-19 Relief Grants to Support 31 Affordable Sober Housing Providers in 17 Communities
MassHousing has awarded $700,000 in COVID-19 relief grants to 31 non-profit affordable sober housing providers, helping to ensure continued support services for more than 660 men and women in recovery.
CSD Adapts Trainings to Support Housing Partners
Community Services trainings continue to provide valuable, timely information and insight to help MassHousing’s housing and social service partners confront the challenges they face today.  Read more...
Diversity & Inclusion Update
Now more than ever, MassHousing's Diversity & Inclusion team recognizes the importance of supporting diverse businesses. Read more...
Peabody Properties Achieves High Marks for Contracting with Diverse Businesses
Peabody Properties achieved great success in contracting with minority- and women-owned businesses in the first half of fiscal year 2020.

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Listen Now: 'Home at Last in Mass' Podcast
The latest episode of MassHousing's Home at Last in Mass. podcast in now available. The seventh episode in the ongoing series covers answers to common homebuying questions. The podcast is available on Apple Podcasts, Google Podcasts, Spotify and Podbean.
FHLBank Boston's 2020 Affordable Housing Program Application Opens June 8; Training Available Now
FHLBank Boston's 2020 Affordable Housing Program (AHP) application opens on June 8. Approximately $18.1 million of subsidy will be available this round. The online application will close on July 30.

The Bank is hosting several training webinars from May 19 through July 8.