Gov Patrick Highlights – Expiring Use – Rental Housing Law, Announces $150m Fund to Preserve Long-Term Affordable Housing

New law, leveraging of public/private funds protects tenants. BOSTON, MA – November 30, 2009 – (RealEstateRama) — Standing with housing and community leaders, Governor Deval Patrick today highlighted a law he signed last week to keep publicly-assisted rental properties affordable and announced the roll-out of a $150 million loan fund leveraged primarily through private dollars to support and secure long-term affordable housing preservation efforts.