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$3M in Community Tax Credits to be Announced in Worcester on Tues.

Monday, March 03, 2014


The Patrick administration will announce, Tuesday in Worcester, Community Investment Tax Credits awards to 38 organizations, totaling $3 million, that encourage new economic opportunities for low and middle-income households across Massachusetts.

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. 

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Keep Forward Momentum

Paul Giorgio, publisher of Pagio, Inc. and a GoLocalWorcester MINDSETTER™:

“Priority One: Keep up the momentum.

Two: Work with the mayor on creating a task force for the north end of Main Street.

Three: Insure that we keep our school renovation plan on track.”

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Economic Development

Councilor Anthony Economou:

“Economic development is huge. We have a lot going on, and we have to keep the momentum up,” Economou said. “Make sure we don't miss a beat. You don't want to lose a period of nine months and not have forward progress.”

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Financial Management

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.

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Business Climate

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).”

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Budget Concerns

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.

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Capital Improvements

Councilor Frederick Rushton:

Rushton said the number one challenge Augustus will face is following through toward new buildings and/or renovations to area high schools in need of capital improvements.

"Second," he said, “is completing CitySquare.”

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Public Safety

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.”

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Neighborhood Development

Councilor George Russell:

“It's not necessarily 'A, B, and C,' it's more what you want to see overall,” Russell said. “For me, it's more neighborhood orientation.”

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Collective Bargaining

Councilor Anthony Economou:

Economou also cited the upcoming task of collective bargaining with union city workers. “One of the challenges will be the contracts,” Economou said. “I imagine it's on his radar, to get those discussions going.”


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