Neighborhood Stabilization Loan Fund

On Tuesday, July 1, 2008, Governor Deval Patrick announced the details of a unique state-sponsored, low-interest loan fund for developers to buy abandoned and at-risk properties, and get them quickly reoccupied with new homeowners or renters. The fund, consisting of $17 million from private lenders and another $3 million from private non-profit foundations, is part of the Patrick Administration's comprehensive response to the foreclosure crisis in Massachusetts.

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• Neighborhood
• Stabilization
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• Fund
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• Deval
• Patrick
• 07.01.08
• massgovernor
• governor patrick
• devalpatrick
• massachusetts
• deval
• patrick
• deval patrick
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