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Press Releases Finance

Moody's Ratings Upgrades MassHousing's Issuer Rating to Aa2 Based on the Agency's Strong Financial Performance and Sound Management

First Upgrade in Over a Decade Highlights Significant Growth in Profitability, Net Position, and Reduced Operational and Credit Risk
July 22, 2026
The upgrade cited MassHousing's management team, track record, and deep bench of talent.
A rendering of Loring Towers in Salem, Mass. Image courtesy of Related Affordable.
Press Releases Multifamily

Related to Begin Comprehensive $38 Million Renovation of Loring Towers in Salem, Massachusetts

In Partnership with MassHousing, the 250-Unit Affordable Housing Community Will Undergo Full Renovation and See Affordability Extended Long Term
July 16, 2026
The $38 million renovation is expected to be completed by 2028.