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.
May 28, 2024 – MAHA is one of 150 local nonprofits that will share in $30 million through Cummings Foundation’s major annual grants program. The Dorchester-based organization was selected from a total of 715 applicants during a competitive review process. MAHA will receive $750,000 over 10 years.
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).
December 20, 2023 – Last week, MHP’s ONE Mortgage hit a milestone: 25,000 low- and moderate-income families have bought their first home with ONE Mortgage! This achievement reminds us of where it all started. It was 1991, the SoftSecond loan program had just launched, and Florence Hagins wanted to buy her dream home.
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.
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.
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.
