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Governor Paterson Announces State Approval of $665 Million Sale in Housing Bonds to the...

New York, NY - December 18, 2009 - (RealEstateRama) -- Governor David A. Paterson today announced that New York State has approved the sale of $665.2 million in housing bonds to the federal government that will lower the cost of borrowing for first-time homebuyers and developers of affordable multifamily rental apartments.