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May

7

2008

Housing chief Brooks honors SoftSecond's 10,000th homebuyer

Patrick Administration recognizes Dorchester family; also cites bank, city for program support

BOSTON, May 7, 2008 --- The Patrick Administration today honored a Dorchester family, Bank of America and the City of Boston for helping the state's most affordable mortgage program achieve its 10,000th loan and for setting a record for loans in a single year while maintaining low foreclosure rates.

March

3

2008

MHP supports condo conversion to affordable rental housing

Originally market-rate, Winn converts 7-story Everett project; 47 units affordable

EVERETT, March 3, 2008 --- Using its ability to provide long-term financing for affordable rental housing, the Massachusetts Housing Partnership (MHP) has committed $5.9 million to support the conversion of a market-rate condominium project into 74 units of rental housing, 47 of which will be affordable.