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The Boston Globe

Business

Patrick sets goal to aid low-income home buyers

Governor Deval Patrick unveiled a plan Monday to push lenders to provide 10,000 mortgages over the next five years for first-time home buyers who have modest incomes.

Patrick said the goal is to help potential buyers with earnings below median income levels to qualify for loans through MassHousing — the state’s affordable housing bank — and the public nonprofit, Massachusetts Housing Partnership.

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