PATRICK-MURRAY ADMINISTRATION ANNOUNCES ANOTHER RECORD YEAR FOR MASSHOUSING

BOSTON, MA – July 20, 2010 – (RealEstateRama) — Governor Deval Patrick today announced that MassHousing had its single greatest lending year in the agency’s 44-year history by providing more than $838 million for affordable housing in fiscal year 2010.This landmark year shattered MassHousing’s previous record of $753 million in overall lending set just last year. MassHousing has posted four consecutive record years for home mortgage lending and more than doubled its lending in fiscal 2010 for affordable rental housing.


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