The New York Times published an op-ed by Boston Community Capital CEO Elyse D. Cherry on the continued housing crisis. In it, she writes, "For many lower-income Americans, the housing bust of 2008 was just a prelude to a new crisis. In many areas, housing prices are stuck below their inflated pre-bubble levels. Until we deal with this fact, entire communities will continue to struggle with high foreclosure rates and a lack of economic mobility."
Statement regarding MA Attorney General's proposed regulations on shared appreciation mortgages
July 22nd, 2025