All Updates
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District Management for Downtown Vitality
Commercial districts need a high volume of foot traffic to support thriving small businesses. Supplemental district management services can dramatically increase this pedestrian activity.
June 27, 2024
- District management organizations (DMOs) encourage thriving local commercial districts for small businesses to flourish.
- DMOs require an annual operating budget of between $200,000 – $700,000 depending on the district size. Increased state funding could ease the operating gap DMOs typically face.
- Between now and 2030, cohorts of 5 large DMOs could be supported each year starting at $500,000 and peaking at $5.5 million annually. These DMOs could general $13 million annually for local revitalization.
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Community Capital for Small Businesses
A Study of the CDFI and CDC Ecosystem in Massachusetts
June 27, 2024
- Community development finance institutions (CDFIs) disproportionately serve the smallest and youngest businesses and those owned by underrepresented groups.
- Only 23% of CDFIs provide financing to small businesses. Most funding from CDFIs and community development corporations (CDCs) goes to the real estate sector.
- 32 states have CDFI funding programs, providing a model for how MA could establish stable and sustainable lending opportunities for small businesses.
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Gateway Cities Journal: Follow the lead of Gateway Cities on school integration
The Gateway Cities Journal
June 21, 2024
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Gateway Cities Journal: Like the Celtics, Gateway City legislators are working to finish strong
The Gateway Cities Journal
June 11, 2024
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Gateway Cities Journal: Summer preview—a sales tax holiday worth celebrating
The Gateway Cities Journal
May 24, 2024
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Andre Leroux offers testimony to Joint Committee on Economic Development and Emerging Technologies
On H.4459– An Act relative to strengthening Massachusetts’ economic leadership
May 24, 2024
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Gateway Cities Journal: Will April showers bring May flowers?
April rained federal money down on Massachusetts.
May 6, 2024
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MassINC Matters: The March/April Round-Up
The latest from our research, journalism, and polling
May 2, 2024
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New MPG Poll: Fare-free SRTA pilot off to strong start on South Coast
Two-thirds of South Coast residents support extending free buses past June
May 1, 2024
