Post Content

It is safe to say that the first ever Massachusetts Housing Week was a major success! Beginning with a proclamation by Governor Patrick last Monday in Dorchester, Housing Week took me, DHCD Undersecretary Gornstein, Division of Banks Commissioner Cotney, DHCD Deputy Undersecretary Jemison and a host of non-profits all across the state to highlight innovative and successful housing initiatives contributing to the continued growth of the Massachusetts housing market.

Governor Patrick announced Monday a new Housing Compact, creating a partnership with Massachusetts banks to originate 10,000 mortgages for first-time homebuyers across the state. The Massachusetts Homeownership compact will help accelerate economic recovery and neighborhood stabilization initiatives in the Commonwealth and retain and attract a competitive workforce.

We held an event at Springfield College on Tuesday, where Commissioner Cotney presented HAPHousing with a $140,000 grant check to continue their foreclosure prevention efforts in the area. Undersecretary Gornstein spoke that morning at an event at the Tapley Apartments, a historic school converted and renovated into new affordable housing units. We also spoke with Mayor Sarno and thanked him for his continued advocacy for affordable housing projects in the Springfield area.

Wednesday brought us to Framingham, where I presented a $28,000 check to South Middlesex Opportunity Council to continue their incredible housing efforts in the region.

Thursday took Commissioner Cotney and Undersecretary Gornstein to Brockton, the hardest-hit city by the housing and foreclosure crisis. Commissioner Cotney presented NeighborWorks Southern Mass., one of our longtime housing partners, with a check for $98,000 to continue foreclosure prevention efforts and housing education programs.  Undersecretary Gornstein was also able to announce a $2.7 million award to Brockton for a vital development project, a project made possible thanks to a close partnership with Mayor Linda Balzotti.

On Friday, Undersecretary Gornstein joined me at my office for a Twitter Town Hall, where we sat down and answered housing questions submitted live via Twitter. By the end of the hour we had reached thousands of consumers and answered more than a dozen questions. This was an exciting new way to engage with consumers and we hope to engage in more of these types of conversations in the future.

A strong housing market is vital to the success of Massachusetts, providing safe homes for our families and a foundation for communities, two ingredients that both the local and statewide economy to grow and thrive. It was truly inspirational to hear stories of success and to see incredible grassroots efforts making such differences in local communities. While there is still work to be done, the housing market seems to have turned the corner and is showing strong signs of growth. Let’s keep that momentum going.

Thanks to all who participated in Massachusetts Housing Week 2013.

If you have a question or complaint, contact the Office of Consumer Affairs Consumer Hotline, Monday through Friday, 9 a.m. – 4:30 p.m. at 617-973-8787 or toll-free in MA at 888-283-3757.

Written By:

Tags: , , , , , , , , ,

Recent Posts

Start saving for retirement posted on Apr 25

Start saving for retirement

For many consumers, retirement may seem like a lifetime away. But that does not mean you should put off planning for what your financial future might look like. Getting a head start now can help ensure that you are financially secure once you are ready   …Continue Reading Start saving for retirement

Avoiding the Impulse: Tips for Shopping Responsibly posted on Apr 18

Avoiding the Impulse: Tips for Shopping Responsibly

Today’s consumers have purchasing power at the touch of a button and a recent U.S. Bank Cash Behavior Survey shows that most Americans prefer using digital apps to paying with cash. While the new age of shopping may be convenient, it can also lead to   …Continue Reading Avoiding the Impulse: Tips for Shopping Responsibly

Recognizing rental scams posted on Apr 13

Recognizing rental scams

Deciding where to rent can be stressful and competitive rental markets often leave consumers with little time to give significant consideration to such an important decision. While it is easy to get overwhelmed by the number of affordable units one may come across during an   …Continue Reading Recognizing rental scams