Mayor Menino Announces Boston’s $18M Homeownership Stabilization Initiative
July 30, 2009 Posted by Massachusetts RealEstateRama
July 29, 2009 - (RealEstateRama) — Mayor Thomas M. Menino today announced the City’s new Homeownership Stabilization Campaign, a comprehensive 12-month initiative through which the City has committed to spend as much as $18 million to help Boston’s neighborhoods recoup from the nationwide foreclosure crisis. Joined by state and local housing officials, Mayor Menino described the campaign as having a two-part strategy to help retain and support existing homeowners while adding new buyers to the market through bolstered homeownership programs
