Affordable Housing

Arch Communities, LLC, proposes "62 apartments for active seniors 55+" at the historic elementary school in Fairhaven village.

The non-profit defended its work and said it is creating affordable housing through historic preservation.

Hearings will be held on three Thursday evenings in January.

Housing Authority directors told lawmakers, there are 160,000 people on waiting lists for affordable housing.

Their mission is to eliminate prejudice and discrimination and ensure fair and affordable housing opportunities for all.

New Bedford's quality of life and low cost of living are attracting new residents from the Boston area.

The Oxford School's development company will not get the $325,000 in town CPC money requested for the project, at least not all this year. Last month, the Stratford group's request for Community Preservation Commission funds took town officials by surprise, however the company is required from the state to ask because of historic and affordable housing tax credits for the project...

Fairhaven officials say they were surprised when the Oxford school's development group recently asked for town funding, and even more surprised when they saw for how much. During Monday's Board of Selectmen meeting, officials discussed the Stratford Group's $325,000 Community Preservation Commission funding request, which happens to be the same amount they're buying the property for...

Massachusetts is getting an almost $46 million share of a $7 billion federal-state settlement over Citigroup's mortgage-backed security activities. In the deal announced Monday, Citigroup will make a $4 billion civil monetary payment to the Justice Department, and another $500 million in compensatory payments to state attorneys general and the Federal Deposit Insurance Corp...

Two dozen affordable housing projects across Massachusetts will receive nearly $84 million from the state. Gov. Deval Patrick said the money will help build or preserve more than 1,300 units of affordable housing while creating 2,000 construction jobs...