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Gov. Patrick Announces New Access to Affordable Homeownership Opportunities
SPRINGFIELD, MA - July 29, 2009 - (RealEstateRama) -- Tuesday, July 28, 2009 – As part of the Patrick-Murray Administration’s Massachusetts Recovery Plan to secure the state’s economic future, Governor Deval Patrick today announced the initial group of approved lenders for the MassHousing First-Time Homebuyer Tax Credit Loan Program. The program, unveiled in Boston earlier this month, will allow first-time homebuyers to borrow up to $8,000 in advance of their federal tax credit for homes purchased with a MassHousing loan before December 1, 2009.“It’s a great time to buy,’’ said Governor Patrick. “And we now have a network of lenders in place to help homebuyers put their federal tax credit to work now to buy their first home