|
|||||
|
|||||
|
 |
 |
|
Issue of February 27, 2006 |     |
Office DevelopmentWith the announcement of his resignation last week, Douglas I. Foy leaves behind a mixed legacy and many questions about the position he is leaving. Gov. Mitt Romney tapped Foy three years ago to serve as the state’s first secretary of commonwealth development, a position designed to oversee and better coordinate state housing, environmental and transportation activities. Building Blocks Mayor Thomas Menino has taken his vision of Boston to new heights with the recent announcement of his intent to build the tallest structure in the city’s skyline. What is now the Winthrop Square parking garage in the Financial District could soon turn out to be a tower that towers above the rest of the city. Reverse Mortgage Limits Rise By George A. Downey Good news for senior homeowners: The Federal Housing Administration and Fannie Mae both have increased their lending limits on their reverse mortgage programs. These increases went into effect for reverse mortgage loans closing on or after Jan. 1, 2006. The National Reverse Mortgage Lenders Association noted these increases apply to two major programs: first, the FHA’s Home Equity Conversion Mortgage, clearly the most popular, accounting for over 90 percent of all reverse mortgages nationally; and second, Fannie Mae’s Home Keeper program. Signature Open-Space Plan Taking Shape Within Fort Point 100 Acres By Michael J. Tyrrell After nearly a decade of advocacy by Boston’s Fort Point community, the Boston Redevelopment Authority is including an expansive recreational green space within its Fort Point 100 Acres Master Plan in South Boston. The visionary, 3.5-acre park design had developed in the late 1990s after the Boston Society of Architect’s Seaport Focus Team collaborated with the community and the Seaport Alliance for a Neighborhood Design group to initiate the concept. Check and Balance The Banker and Tradesman's political cartoon. |
||
| ||
|
|
|
|
 |
Publishing Systems Powered By |
