When the room is full and everyone leaves with a pie, you know it has been a good meeting! 400 MAHA members and allies packed a Dorchester union hall on Tuesday night to rally for a campaign to increase resources for affordable homeownership in Boston.
"This is a fight for the heart of Boston", said MAHA member Geneva Cooper. "Will it be a place where everyone can live? MAHA launched a campaign for 1,000 more affordable homes for first-time homebuyers over the next five years and committed to finding the resources necessary to accomplish that goal.
On Tuesday June 12th, MAHA members will rally in support of six great ideas that will help create more affordable homeownership opportunities for Boston residents. Everyone is invited and encouraged to attend the meeting, starting at 6pm, at the Boston Teachers Union hall, 180 Mt. Vernon Street in Dorchester. Are you tired of talking about the housing affordability crisis and want to be part of the solution? Sign up now.
Another fabulous Taste of Dorchester is in the books. Twenty-three Dorchester restaurants, over 40 sponsors and nearly 600 guests flowed into the IBEW Local 103 hall on Thursday, April 26th to enjoy some great food, listen to live jazz from Sleeping Bee, and be amazed by the magic of illusionist Darren Yong.
Only five of the state's ten biggest banks were rated outstanding by regulators
January 22, 2018 - Of the 77 Community Reinvestment Act ratings awarded to Massachusetts banks during 2017, only nine were “Outstanding", according to a report issued today by the Massachusetts Affordable Housing Alliance (MAHA). When each bank is classified by its most recent CRA rating, just 13.5% of all banks had a most recent rating of “Outstanding” at year-end 2017, continuing a four-year downward trend from 22.2% in 2013, and the lowest share of “Outstanding” ratings since 1993.
$8. Not a typo. In last week's Boston Globe Spotlight Team series on race in Boston, this jumped off the screen. $8 is the median net worth of non-immigrant African-American households in the Boston area compared to $247,500 for white households. Other households of color have a net worth ranging from $0 to a high of $12,000.
December 11, 2017 - Esther Dupie, MAHA's immediate past president, announced tonight at our annual meeting that Santander Bank has agreed to a five-year $265 million commitment to the ONE Mortgage program. Esther and MAHA vice president Thadine Brown welcomed and thanked Gwen Robinson, Santander's Managing Director for Corporate Social Responsibilty and Steve Adamo, US Head of Mortgage Banking.
Boston– October 30, 2017 – Santander US CEO Scott Powell today announced Santander’s “Inclusive Communities” plan, the Bank’s new $11 billion agreement with the National Community Reinvestment Coalition (NCRC) to increase lending, community development, and charitable giving. “Inclusive Communities” was developed with significant input from and collaboration with more than 100 community-based organizations, including MAHA leaders Esther Maycock Dupie, Symone Crawford and many others.
On October 7, 2009, Richard J. Gavegnano, Chairman and CEO of East Boston Savings Bank wrote to MAHA stating that “You have my assurance that when the merger of our two institutions is finalized, East Boston Savings intends to participate in the SoftSecond program similar to Mt. Washington Cooperative Bank.”
On a day that featured much speculation in the media about how Boston would attract Amazon to the city, 120 Boston residents packed into a community room at Frankln Park in Dorchester last night to discuss a community-centered process to spend $20 million per year on affordable housing, parks, and historic preservation.