Post Content

img_2208-copy

In Worcester on Wednesday, Lt. Governor Polito announced a $19.8 million funding commitment for the redevelopment of Worcester’s historic Central Building. The commitment, from the Department of Housing and Community Development (DHCD) and MassHousing, enables the transformation of the vacant downtown Worcester property into 55 units of mixed-income rental housing. More from the Telegram & Gazette:

The redevelopment of a Main Street building is poised to include “workforce housing,” with the state providing $19.8 million in investments and tax credits to create housing for people who, despite having jobs, cannot afford market-rate apartments, Lt. Gov. Karyn Polito announced Wednesday.

The Central Building at 332 Main St. was slated for demolition, but plans for the structure changed in 2015 and an effort began to convert the former office building into 55 housing units with commercial space on the first floor. Of the 55 units, 14 will be considered workforce housing.

Workforce housing is for households earning up to 70 percent of the area’s median income. The lieutenant governor said it’s important to have such housing in Worcester, where many people work but still cannot afford housing in the city. Their incomes are often too high for state-subsidized housing.

“Across the Commonwealth, we look for opportunities to collaborate with our partners to turn challenges into assets,” Housing and Community Development Undersecretary Chrystal Kornegay said in the release. “The redevelopment of the Central Building will bring new housing to Worcester’s downtown and complement the city’s ongoing efforts to revitalize Main Street.”

Read more in the Telegram & Gazette.

Press Release: Baker-Polito Administration Awards $19.8 Million for Housing in Worcester’s Historic Central Building

Written By:

Recent Posts

Governor Baker, Lt. Governor Polito: Infrastructure investments strengthen our communities and economy posted on Jul 25

Governor Baker, Lt. Governor Polito: Infrastructure investments strengthen our communities and economy

Since 2015, the Baker-Polito Administration has injected $2.8 billion into highway infrastructure projects, including roads and bridges, intersection and sidewalk improvements, and bike lanes. Governor Baker, Lieutenant Governor Polito, MassDOT Secretary Pollack, and Acting Highway Administrator Jonathan Gulliver visited communities across the Commonwealth highlighting the   …Continue Reading Governor Baker, Lt. Governor Polito: Infrastructure investments strengthen our communities and economy

Where broadband internet changes everything posted on Jul 5

Where broadband internet changes everything

In May 2017, Governor Charlie Baker and Lieutenant Governor Karyn Polito joined Berkshire County leaders to tour downtown small businesses that are benefiting from upgrades made by Charter Communications and the Massachusetts Broadband Institute’s (MBI) Last Mile Infrastructure Grant Program. The program and investments in broadband   …Continue Reading Where broadband internet changes everything

Governor Baker, Lt. Governor Polito celebrate 150 Miles of new trails for walking and biking posted on Jun 29

Governor Baker, Lt. Governor Polito celebrate 150 Miles of new trails for walking and biking

Continuing to prioritize a high level of access to the Commonwealth’s natural resources, and recognizing the economic, recreational, environmental, transit and public health benefits of a state trail network, Governor Charlie Baker and Lieutenant Governor Karyn Polito today announced additional funding commitments to further develop   …Continue Reading Governor Baker, Lt. Governor Polito celebrate 150 Miles of new trails for walking and biking