MASSACHUSETTS HOUSING INVESTMENT CORPORATION
The overall purpose of the award is to facilitate the reclamation of foreclosed and abandoned properties in distressed communities throughout Massachusetts. It is anitcipated that 228 units willl be reclaimed by using a combination of rehab loan subsidy and homebuyer fnancing assistance. Approximately 20% of the units will be used to house individuals or families whose incomes do not exceed 50% percent of area median income.
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| AWARD OVERVIEW |
| Award Number |
B-09-CN-MA-0006 |
Funding Agency |
Department of Housing and Urban Development |
| Total Award Amount |
$21,822,940 |
Project Location - City |
Boston |
| Award Date |
01/14/2010 |
Project Location - State |
MA |
| Project Status |
More than 50% Completed |
Project Location - Zip |
02110-1906
|
| Jobs Reported |
14.00 |
Congressional District |
08 |
| Project Location - Country |
US |
|
|
Recipient Information
(Grants)
| Recipient Information (Grants) |
|
Recipient Name
|
MASSACHUSETTS HOUSING INVESTMENT CORPORATION |
| Recipient DUNS Number |
622165553
|
| Recipient Address |
70 FEDERAL ST STE 601 |
| Recipient City |
BOSTON |
| Recipient State |
Massachusetts |
| Recipient Zip |
02110-1906 |
| Recipient Congressional District |
08 |
| Recipient Country |
USA |
Required to Report Top 5 Highly Compensated Officials |
No |
Projects and Jobs Information
| Projects and Jobs Information |
| Project Title |
Neighborhood Stabilization Program (NSP2) |
| Project Status |
More than 50% Completed |
| Final Project Report Submitted |
No |
| Project Activities Description |
Housing Development, Construction & Management |
| Quarterly Activities/Project Description |
In this past quarter MHIC has now committed a cummulative total of $21,822,940 to projects. 169 units have been completed since program commencement to end of this reporting quarter. 20 units are now under construction. 14 units are in predevelopment. MHIC's pipeline of projects is completely full. |
| Jobs Created |
14.00 |
| Description of Jobs Created |
construction, administrative, legal, and consulting |
Purchaser Information
(Grants)
| Purchaser Information |
| Contracting Office ID |
Not Reported |
| Contracting Office Name |
Not Available |
| Contracting Office Region |
Not Available |
| TAS Major Program |
86-0161 |
| Award Information |
| Award Date |
01/14/2010 |
| Award Number |
B-09-CN-MA-0006 |
| Order Number |
|
| Award Type |
Grants |
| Funding Agency ID |
86 |
| Funding Agency Name |
Department of Housing and Urban Development |
| Funding Office Name |
Not Available |
| Awarding Agency ID |
86 |
| Awarding Agency Name |
Department of Housing and Urban Development |
| Amount of Award |
$21,822,940 |
| Funds Invoiced/Received |
$21,822,940 |
| Expenditure Amount |
$21,822,940 |
| Infrastructure Expenditure Amount |
$0 |
| Infrastructure Purpose and Rationale |
Not Reported |
| Infrastructure Point of Contact Name |
Not Reported |
| Infrastructure Point of Contact Email |
Not Reported |
| Infrastructure Point of Contact Phone |
Not Reported |
| Infrastructure Point of Contact Address |
Not Reported |
| Infrastructure Point of Contact City |
Not Reported |
| Infrastructure Point of Contact State |
Not Reported |
| Infrastructure Point of Contact Zip |
Not Reported |
Product or Service Information
(Grants)
| Product or Service Information |
| Primary Activity Code |
L20 - NTEE |
| Activity Description |
Housing Development, Construction & Management |
| Sub-Awards Information |
| Sub-awards to Organizations |
0 |
| Sub-award Amounts to Organizations |
$0 |
| Sub-Awards to Individuals |
0 |
| Sub-Award Amounts to Individuals |
$0 |
| Number of Sub-awards less than $25,000/award |
0 |
| Amount of Sub-awards less than $25,000/award |
$0 |
| Number of payments to vendors greater than $25,000 |
0 |
| Total Amount of payments to vendors greater than $25,000/award |
$0 |
| Number of payments to vendors less than $25,000/award |
0 |
| Total Amount of payments to vendors less than $25,000/award |
$0 |
| Location Information |
| Latitude, Longitude |
42º 21' 19",
-71º 3' 23" |
| Congressional District |
08 |
| Address 1 |
|
| Address 2 |
|
| City |
Boston |
| County |
Suffolk |
| State |
MA |
| Zip |
02110-1906 |
|
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