MassHousing approves $50,000 funding for Steppingstone, Inc.
MassHousing has approved $50,000 in funding for the renovation and preservation of affordable sober housing for women. The MassHousing funding will also leverage a matching $50,000 grant from a private foundation.
The MassHousing grant for Steppingstone, Inc., will come from the Center for Community Recovery Innovations, Inc. (CCRI), a nonprofit subsidiary corporation of MassHousing that creates and preserves affordable sober housing in Mass. for recovering substance abusers.
The CCRI funding will help fund renovations for Steppingstone, including upgrades to an electrical system and the replacement of flooring and a ramp for the disabled.
Cambridge, MA The nonprofit Preservation of Affordable Housing (POAH) has secured $23.5 million in financing from Rockland Trust and Citizens Bank to transform a 150-year-old, underutilized church complex into housing. The project will ultimately create 46 affordable family-sized apartments.
Preserving wealth across multiple generations requires strategic planning, foresight, and the right investment vehicles. Delaware Statutory Trusts (DSTs) offer a powerful solution for families looking to build and protect their financial legacy and to efficiently plan for their estate.
The Connecticut hospitality market has demonstrated uneven recovery patterns between 2019 and 2025, with boutique and historic properties achieving $125 RevPAR in 2025, up 8.7% from the 2019 level. Coastal resort properties achieved a $105 RevPAR in 2025, representing 10.5% growth since 2019. Casino corridor properties maintained modest growth with RevPAR improving 4.5% to $92 in 2025.