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.
Want more affordable homes in Boston? Join us Wednesday, May 24th at 6:30pm to talk with J. Arthur Jemison, Director of Boston Planning & Development Agency and Sheila Dillon, Chief of Housing for the City of Boston. We will be discussing the Dorchester Bay City project and the contruction of new affordable homes in the city.
Join us on Thursday, April 27th 2023 from 6pm to 8pm for the 15th Annual Taste of Dorchester to fill your plate with great food, listen to jazz by Sleeping Bee, and bid on our silent auction items. Buy your tickets today!
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).
Dorchester - Mayor Michelle Wu, standing with members of the Massachusetts Affordable Housing Alliance (MAHA) at the community organization’s office, today announced a historic $106 million commitment to affordable homeownership, focusing on serving first-time and first-generation homebuyers of color. Read Dorchester Reporter article here.
This homeownership commitment from the City of Boston will:
April 11, 2022 - MAHA members are excited to partner with all 13 of our Boston city councilors who have met with us and pledged their support for $100 million for homeownership. You can see their letter to the mayor here. We expect the mayor's budget proposal to come out this Wednesday.
BOSTON – February 16, 2022 – Massachusetts Affordable Housing Alliance (MAHA) today announced a 500 loan commitment over a five-year period from Eastern Bank that that will more than double its lending in the Massachusetts Housing Partnership’s ONE Mortgage program. Eastern has been a long-time participant in the program, and MAHA has successfully reached 23,600 low and moderate homebuyers with 60% of those being persons of color through the overall program. Eastern’s goal will be to fund at least 100 ONE Mortgage loans each year from 2021-2025.
December 9, 2021 - Dorchester, MA - Just a little over three years ago, MAHA celebrated its 30,000 graduate from its first-time homebuyer and homeowner education classes. This month, after a period of unprecedented growth combined with a pandemic that forced innovations in the delivery of the classes, MAHA is announcing that it has surpassed the 40,000 graduate mark.