$3M in Community Tax Credits to be Announced in Worcester on Tues.
Monday, March 03, 2014
The awarded tax credits will be distributed by 36 Community Development Corporations and two Community Support Organizations, to investors, in exchange for donations to their organization.
The announcement will take place at the Boys & Girls Cub of Worcester on Tainter Street in Worcester beginning at 10 a.m.
Appearing at the announcement will be Aaron Gornstein, Undersecretary, Department of Housing and Community Development; Senator Harriet L. Chandler, Assistant Majority Leader, Massachusetts Senate (D-Worcester); Ed Augustus, Interim City Manager, City of Worcester; Timothy Murray, President and CEO, Worcester Regional Chamber of Commerce; Sarai Rivera, City Councilor, City of Worcester; Michael Durkin, President and CEO, United Way of Massachusetts Bay and Merrimack Valley; Steve Teasdale, Executive Director, South Main Community Development Corporation; and Joseph Kriesberg, President, Massachusetts Association of Community Development Corporations.
Related Slideshow: 9 Challenges Facing Worcester’s New City Manager
Now the Edward Augustus is serving as City Manager for Worcester, GoLocal reached out to the city's leaders to find out what they believe are the biggest challenges Augustus will face in his new role.
Roberta Schaefer, former president of the Worcester Regional Research Bureau:
Schaefer said continuing the sound financial management of former City Manager Michael O'Brien was the greatest task for Augustus. But in addition to financial questions, she called for Augustus to “follow the lead of Michael O'Brien, to make sure he represents all the interests of the city, as the CEO of the city.
Tim Murray, president and chief executive officer of the Worcester Regional Chamber of Commerce:
In addition to budgeting and economic development, Murray pointed to fostering the business climate in the city. “Try to make Worcester as business-friendly a place as possible,” he said. Whether through permitting, customer service, or other incentive, “whatever we can do to make the city a supportive (place for business).”
Christopher Pinto, member of the Worcester Republican City Committee:
“Can he really do pension reform? Can he spare the taxpayers from more abusive taxes?” asked Pinto, who wonders what Augustus will do about the Responsible Employer Ordinance and how the new city manager will make appointments to boards and commissions.
Councilor Sarai Rivera:
Rivera points to economic development, neighborhood development, and continuing to support public safety and public service, as well as “working with private and labor to support the (Responsible Employer Ordinance) and look into an apprentice program.”
- NEW: Governor Patrick Responds to DCF Report
- New Company an Economic Development Win for RI
- What Will Patrick’s Budget Mean for Worcester?
- 4 Central MA Economic Development Projects Approved by State
- NEW: Patrick Announces Funds To Combat Homelessness
- Worcester Students to Join Governor Patrick for Project 351
- Aaron Regunberg: Want Economic Development? Raise the Minimum Wage
- 38 Studios Bankruptcy: Executives Say Tax Credits Could Have Saved Company
- BREAKING: Chief of Staff for Economic Development Placed on Administrative Leave
- 38 Studios Insider Gets $650k in New Film Tax Credits
- NEW: Patrick Announces Online Aid for Business Owners
- NEW: Gov. Patrick Rolls Out Online Tool to Show Impact of Budget on Families
- Economic Development: How Did Worcester Do in 2012?
- NEW: Patrick Awards Green Communities Competitive Grants
- NEW: Gov. Patrick Seeks Nominees for Green Ribbon Schools Award
- NEW: Central Mass Scores $75,000 for Economic Development
- NEW: President Obama Commutes Sentence of Gov. Patrick’s Cousin
- NEW: Governor Patrick Makes Stanley Cup Bet With Illinois Governor
- NEW: Worcester Chamber Establishes Fund for Economic Development
- NEW: Statement from Governor Patrick on Boston Marathon