Somerville To Receive State Grant
The City of Somerville is expected to receive an $18 million state grant to build an expansive, three-story library facility in Union Square, replacing the aging central location on Highland Avenue.
The three-story 69,338 square foot structure will be located between Somerville Avenue and Washington Street near the city's public safety building.
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Programs that focus broadly on strengthening, unifying and building the economic, cultural, educational and social services of a community or neighborhood and improving the quality of life for all. Community Building; Community Capacity Building; Community Development and Improvement; Community Development Block Grants; Healthy Communities Community Economic Development Programs that provide technical assistance and funds to help communities retain and recycle income within the community by investing in the development of local institutions and businesses. Business Growth; Business Loans; Economic Growth; Economic Transformation; Real Estate Organizations; Socioeconomic Development; Technology Transfer; Transfer of Technology; Urban Enterprise Zones
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New UK Research Body to Drive Progress in Social Investment
The government-backed Social Investment Research Council is newly formed to hatch practical insights into social investment market products, and the investors needed to finance them.
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