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?
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.
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).
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).
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.
