A whole new world: Wu celebrates new investment for first time home buyers – Boston News, Weather, Sports [Video]

BOSTON (WHDH) – Boston Mayor Michelle Wu this week celebrated a new investment to help dozens of first time home buyers with their down payments.

The $7 million in funding will also help the city acquire new affordable housing and support small businesses affected by the pandemic.

At an event in Mattapan, the mayor said it’s a critical move to help nurture the community.

“For too many families, owning a home here in Boston feels like an impossible dream,” Wu said. “Sometimes it just takes taking down some of those barriers and it opens up a whole new world.”

The mayor said she hopes these initiatives will help prevent people from moving out of the city.

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