MassHousing receives largest allocation of private activity bonds in state history

$560 million allocated by Patrick Administration for affordable home mortgages and to build or preserve affordable rental housing. BOSTON, MA – April 12, 2010 – (RealEstateRama) — MassHousing has received from the Executive Office for Administration and Finance an allocation of $560.8 million in private activity bonding authority for calendar year 2010. It is believed to be the largest allocation to one quasi-public agency of so-called “private activity bonds” in state history.