Massachusetts Groups Earn $138 Million For Community Redevelopment


credit: herkimerfoods

Three Massachusetts organizations have been allocated a total of $138 million from the U.S. Treasury Department's Community Development Financial Institutions Fund.

The funds were part of more than $3.5 billion in funds awarded to 87 organizations across the country for the 2013 New Markets Tax Credit Program to revitalize low-income communities and boost economic opportunities.


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Federal Programs Related to - Community Development, General/Other

Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones

Federal Programs Related to - Community Economic Development

Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses.

Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones



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