The federal government settled a lawsuit for $1.3 million with Sartorelli Realty LLC and the Nelson Danvers Realty Trust, and C.A.I. Inc., the owners and former operator of the Danvers paint and ink factory that exploded in 2006. [Boston Globe] Remember to follow Bostonist on Twitter and like us on Facebook.
Results tagged “stimulus”
Senator Scott Brown was publicly critical of the American Recovery and Reinvestment Act, otherwise known as the stimulus, while privately pushing for Massachusetts to get its share of the $787 billion stimulus bill. According to a report by the Center for Public Integrity, Brown was just one of many legislators who spoke out or voted against it and sought funds from it.
Scott Brown went to D.C., had a sit down with Boston Mayor Tom Menino and meets with Gov. Deval Patrick on Thursday. Tomorrow's session with Patrick could have some substance to it as Brown "respectfully" disgrees with how he is disbursing stimulus funds allocated to Massachusetts. The Herald reported the Patrick administration has spent $2.4 billion of $4.3 billion received under the American Recovery and Reinvestment Act. Bostonist might - might - consider making out with Senator Brown if he takes down corporate bad guys.
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.
- Plankton Power of Wellfleet is working with government, corporate and research groups to build an algae farm/biorefinery on Cape Cod to turn pond scum into fuel. [Boston Herald]
- A123Systems Inc. of Watertown is getting $249.1 million in stimulus bucks to build a plant to make batteries for electric vehicles. [Boston Business Jounal]
Joe Perry and Steven Tyler may or may not ever become political activists. But one song they made famous as Aerosmith doesn't appear, at least for now, to be acceptable fodder for political shenanigans. Republicans enlisted the Aerosmith classic "Back in the Saddle" as part of an anti–stimulus plan video released on YouTube. The GOP apparently posted the ad before getting permission, then removed it once the copyright owner complained. The ad was stopped and the stimulus became law on Tuesday. Looks like somebody's back in the saddle again—but not the GOP.







