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State funds to bolster affordable housing in region

State funds to bolster affordable housing in region
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Published: 7/18/2021 12:11:45 AM
AMHERST – The region will be getting 88 new affordable apartments in Amherst and South Hadley, and 37 existing apartments in Holyoke will be preserved, through a statewide infusion of $139 million in funding and tax credits announced by the Baker-Polito Administration last week.
“As Massachusetts continues to recover from the COVID-19 pandemic, it is important that we continue to prioritize new affordable housing development to help our most vulnerable families,” Gov. Charlie Baker said in a statement announcing the money.
The awards, through the Department of Housing and Community Development, with federal and state low-income housing tax credits and subsidy funds, will assist with the development of 1,526 new rental units across the state, including 1,346 rental units that are affordable for low- and extremely low-income households. ....

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Mass. Gov. Baker-Polito Administration Announces $139M to Produce 1,346 Units of Affordable Rental Housing

Mass. Gov. Baker-Polito Administration Announces $139M to Produce 1,346 Units of Affordable Rental Housing
massachusettsnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from massachusettsnewswire.com Daily Mail and Mail on Sunday newspapers.

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Residents upset over out-out-service elevators at senior living high-rise apartment

Lakewood Plaza Apartments is a senior living community and some people rely on walkers or wheelchairs.
Author: Dana Smith
Updated: 5:42 PM EDT May 5, 2021
NORFOLK, Va. Residents of a Norfolk apartment building said they re frustrated.
The elevators in the high-rise, senior living complex have gone in and out of service for a year.
The building has 13 floors and residents said it s a big frustration, especially for those who rely on wheelchairs and walkers.
One of my neighbors Raymond, he was having heart problems and the elevator wasn t working and the firemen had to carry him down in a wheelchair, down the stairwell, to take him to the hospital, William DeMeo said. ....

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TPD: Person shot in drive-by shooting in Old West End

The shooting happened near the intersection of Scottwood and Monroe St. near the Plaza Apartments and, not far from the Toledo Museum of Art on Sunday afternoon. ....

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San Antonio partnerships that lost 652 apartment units in bankruptcy accuse finance company of fraud

San Antonio partnerships that lost 652 apartment units in bankruptcy accuse finance company of fraud
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A Terravista Corp. partnership that formerly owned the 308-unit Westwood Plaza Apartments at 2600 Westward Drive, San Antonio, has sued a New York finance company for fraud.Google
Four San Antonio partnerships sought refuge in bankruptcy two years ago to stop foreclosure actions on their apartment complexes.
The partnerships, Terravista Corp. affiliates, weren’t able to hang on to the properties through the bankruptcy process. They ended up selling them to a Los Angeles nonprofit for what Terravista says was a “fire sale” price almost $42 million combined in a deal the court approved last year. ....

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