 "BOSTON — A new state fund outlined in a bill before the Legislature would help facilitate improvements to underutilized commercial or industrial buildings in economically distressed areas, a measure that supporters say would help spur job creation, business, and maintain historic structures.
The bill (H 285), filed by Reps. Patricia Duffy, D-Holyoke, and Natalie Higgins, D-Leominster, would task the MassDevelopment, the state’s development finance agency, with overseeing a redevelopment fund that would dole out money to both nonprofits and for-profit companies. Duffy said the bill is “simple” as it seeks to help developers upgrade, renovate, or repair buildings in older cities and former manufacturing hubs." Check out the full article here: https://www.gazettenet.com/Fund-sought-to-revive-underutilized-buildings-43714486
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4/2/2024 11:27:19 am
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