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From improving city infrastructure, to investing in new construction projects, to supporting tax relief, the American Reinvestment and Recovery Act (ARRA) is having an major impact on Boston residents and businesses. This report tracks the status of ARRA funding.
Community Development Block Grant Funds at Work
Tasty Burger is a welcomed addition to the Fenway neighborhood having replaced a former gas station that sat vacant for years on a major boulevard. The owners had a gap in funding and the City was able to assist thanks to a $100,000 ARRA loan that leveraged their $450,000 additional investment. The project created 22 jobs and the neighborhood received a new dining destination.
Energy Audits through Renew Boston
Launched in August 2010 with Recovery Act funds, the Renew Boston Residential Energy Efficiency Program serves low to middle income Boston residents who have historically had a low rate of participation in energy efficiency programs. To date, over 6,000 comprehensive energy audits have been conducted in Boston's neighborhoods, with 1,675 no-cost home insulation services installed.
Liberty Wharf Redevelopment Project
Liberty Wharf is a $30 million, 70,000 square foot redevelopment project that included the construction of three new buildings for the creation of four new restaurants, a significant amount of open space along the waterfront, and additional office space. The project replaced an underutilized parcel with year-round active uses that created more than 500 permanent jobs.
Performance Exceeds Target
Performance Near Target
Non Scored - Context Measure