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.
February 4, 2022 – Of the 68 CRA ratings awarded to Massachusetts banks during 2021, twelve (17.6%) were “Outstanding,” according to a report issued today by the Massachusetts Affordable Housing Alliance (MAHA). The share of “Outstanding” ratings is down from 22.2% in 2020, but higher than in five of the six preceding years. For federal regulators, the “Outstanding” share was 21.1% (8 of 38 ratings); for the state, the “Outstanding” share was 13.3% (4 of 30). .
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.
Joint statement from CHAPA, MACDC, and MAHA on American Rescue Plan Act housing spending in Massachusetts
December 7, 2021
We thank the Legislature for passing a bill that invests over $600 million from the Commonwealth’s American Rescue Plan Act (ARPA) Fiscal Recovery Funds into affordable housing. This funding will have a real impact on people’s lives by allowing us to quickly produce new affordable homes. We urge Governor Baker to sign this bill into law and put Massachusetts on a path to making homes more affordable and closing our racial homeownership gap.
Dorchester, MA — Massachusetts Affordable Housing Alliance (MAHA) incoming executive director Symone Crawford issued the following statement today after President Biden and Congressional leaders released the framework for the Build Back Better Act, which includes significant funding for affordable housing, including a first-generation down payment assistance program inspired by MAHA’s STASH matched savings program for first-gen homebuyers.
BOSTON, MA – On Wednesday, October 20, 2021, the Massachusetts Affordable Housing Alliance (MAHA) and the Madison Park Development Corporation hosted mayoral hopefuls Annissa Essaibi George and Michelle Wu at a virtual forum on making access to homeownership more equitable in Boston. Members of both organizations shared their stories and asked the candidates to commit to the most critical steps the new mayor can take to shrink the city's racial homeownership and wealth gaps.
We Are Hiring! Come join the senior management team at MAHA as Director of Homeownership Operations
MAHAis a non-profit community organization that is dedicated to increasing affordable homeownership, breaking down barriers for first-time and first-generation homebuyers, and closing the racial homeownership gap in Massachusetts.