Stimulus Funding To Help JP, Other Bay State Projects

Have you ever wondered where the $787 billion stimulus plan bucks have been spent? Well, $45.5 million of it will boost affordable housing developments in Beverly, Framingham, Greenfield, Holliston, Springfield, Roxbury and Jamaica Plain that were stalled by a lack of equity to support these kinds of projects. The Jamaica Plain Community Development Corporation will get a total of $11.3 million from the stimulus to rejuvenate two developments after a year-long delay. A total of $6.1 million is being invested into converting the former Blessed Sacrament Church on Centre Street into a single-room-occupancy building, with affordable condos, and 36 lower-cost apartments. A project at 270 Centre Street is getting $5.2 million to build affordable housing, and retail/office space.

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