Report calls for $1.7 billion investment in Mass. cities
A state investment of $1.7 billion over the next decade would lift the economies and redevelopment of struggling urban centers outside of Boston, creating jobs and stimulating private investment, according to a new report from MassINC.
The report, published by MassINC and the Gateway Cities Innovation Institute, calls for the state to commit $125 million a year for the next 10 years to a redevelopment fund that would provide the seed money and leverage private investment for downtown renewal projects in urban centers around the state.