Last edited by Nezuru
Wednesday, February 12, 2020 | History

2 edition of The metropolitan Boston development fund: a proposal found in the catalog.

The metropolitan Boston development fund: a proposal

  • 244 Want to read
  • 30 Currently reading

Published .
Written in English


About the Edition

...a draft proposal that treats some of the problems in producing low income housing that have short-circuited progress made in the past, together with a detailed housing development fund proposal to correct the problems, especially in Boston; covers background of the problem, obsticles to housing programs, organization of the fund, etc.; appendix summarizes various federal and state existing programs; this item was in the BRA collection...

The Physical Object
Paginationvii, 40 p.; figures, footnotes
Number of Pages40
ID Numbers
Open LibraryOL24602284M

On average, the communities lost 6 percent of their jobs and a similar share of their business establishments from toaccording to census data. Economic development professionals in those areas have struggled to attract the attention of companies and venture capitalists, who channel most of their money to major cities. In addition to the stadium, rezoning the adjacent area would have incentivized the construction of some 13, new residential units and 28 million square feet of office space. McKenna has invested in distressed communities such as Baltimore and over the last year has tried to steer Silicon Valley dollars to struggling areas such as Youngstown, Ohio, out of a belief those areas contain untapped potential for growth and prosperity. He said he first began discussing opportunity zones with Mr. It is the city's fourth-tallest building.

State economic development officials worry that if they designate the wrong areas as Opportunity Zones, they could end up subsidizing investments that were in the pipeline anyway. Proponents say the new Opportunity Zones are designed to be more effective than earlier programs, and likely to generate far more investment than congressional scorekeepers predicted in assessing the tax bill. Gottmann was optimistic about the fate of Megalopolis and felt that it could work well, not only as a vast urban area but also as the distinct cities and communities that were part of the whole. Acknowledging that while, "a good deal of the land in the 'twilight areas' between the cities remains green, either still farmed or wooded, matters little to the continuity of Megalopolis," Gottmann, 42 Gottmann expressed that it was the economic activity and the transportation, commuting, and communication linkages within Megalopolis that mattered most. The rapidly aging population is fueling demand for senior living facilities that are in short supply.

Before joining the Trump administration, Mr. Civic leaders are beginning to pitch state economic development officials on designating tracts of their communities as Opportunity Zones. The new law offers investors an alternative: to roll those unrealized gains into an Opportunity Fund, and defer federal taxes on the profit, at least temporarily. Definitive timelines and exit strategies help to mitigate and insure successful outcomes for all partners and investors How Does Senior Housing Perform Against Other Real Estate Sectors?


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The metropolitan Boston development fund: a proposal book

Before joining the Trump administration, Mr. Parker said in an interview, referring to Opportunity Funds. Communication between Boston and Washington and the cities in between has always been extensive and transportation routes within Megalopolis are dense and have been in existence for several centuries.

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The national economy grew and added jobs during that period, but that growth was disproportionately in large cities. Like 50 Hudson Yards, 55 is not located over the rail yard, and was not included in the original master plan as created by KPF.

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Smith Philanthropic Fund. For each donor we have included a brief description of the organisation, its geographical coverage, areas of interest, application procedure and contact details. No problem! If the zones succeed, they could help revitalize neighborhoods and towns that are starved for investment.

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