Breaking down barriers for first-time and first-gen homebuyers and closing the racial wealth gap!

Announcing Homeownership is the Key, our new Strategic Plan

October 15, 2024 - We are excited to announce the Strategic Plan that will take MAHA into 2029. In Fall of 2023, MAHA engaged with Community Action Partners (CAP), a volunteer consulting program of the Harvard Business School Association of Boston, to develop MAHA’s next strategic plan. The project offered MAHA staff and its Board of Directors an opportunity to review MAHA’s mission and vision, values, and Theory of Change, and develop new strategic goals and metrics for the next five years.

Introducing the Massachusetts Affordable Homeownership Alliance

October 8, 2024 - Our logo and name have served us well for nearly 40 years! As we are looking to the coming years, we are excited about a new name and a new look that will take us into the future. Our new branding will be with us as we develop new education programs, organize first-time homebuyers across the state, and continue working to increase access to affordable sustainable homeownership.

So why the new name?

Vote in the MA Primary Election on September 3rd

August 30, 2024 - Want your elected officials to pay attention to your needs and concerns? Want to elect candidates who will tackle our affordable housing shortage head on? Voting is incredibly important in making your voice heard. You have the opportunity to vote for the candidates that will fight for the issues you care about.

Next Tuesday, September 3rd, we all have an opportunity to vote for US Senate, Congress, State Representatives and Senators, and other offices. People who vote are in the best position to hold the winners accountable after the election.

Fourteen Out of Sixty-Six CRA Ratings of Massachusetts Banks in 2023 Were "Outstanding"

February 7, 2024 – Of the 66 CRA ratings awarded to Massachusetts banks during 2023, fourteen (21.2%) were “Outstanding,” according to a report by the Massachusetts Affordable Housing Alliance (MAHA). This percentage is substantially above the average percentage of “Outstanding” ratings during the preceding nine years (14.4%). For federal regulators, the “Outstanding” share was 25.0% (10 of 40 ratings, including 5 of 9 the ratings by the OCC); for the state, the “Outstanding” share was 15.4% (4 of 26).

Partnership for Financial Equity Highlights STASH in New Report on First-Generation Programs

August 10, 2023 – Partnership for Financial Equity released First-Gen Home: A Massachusetts Finanacial Equity Innovation Story today, a report on the emergence of housing assistance programs that prioritize first-generation homebuyers starting in Dorchester with Massachusetts Affordable Housing Alliance's STASH program. Since 2019, the concept has taken off and now there are eleven locations across the country that have first-generation programs.

New Mortgage Lending Report from Partnership for Financial Equity and Woodstock Institute

July 28, 2023 – In June 2023, Partnership for Financial Equity and Woodstock Institute released their Mortgage Lending Matters report. The report found that in 2021 the number of mortgages to Black and Latinx households remained at an all time high in Massachusetts but that Boston is losing homebuyers of color.

Eight Out of Sixty-One CRA Ratings of Massachusetts Banks in 2022 Were "Outstanding"

January 29, 2023 – Of the 61 CRA ratings awarded to Massachusetts banks during 2022, eight (13.1%) were “Outstanding,” according to a report issued today by the Massachusetts Affordable Housing Alliance (MAHA). The share of “Outstanding” ratings is down from 17.6% in 2021, but higher than in the 2015-2017 period.  For federal regulators, the “Outstanding” share was 17.6% (6 of 34 ratings); for the state, the “Outstanding” share was just 7.4% (2 of 27).

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