Brockton Enterprise: Federal government: $1.5 million fund to create downtown Brockton dining district, 43 jobs
Federal officials and U.S. lawmakers who represent Brockton are celebrating the approval of a $1.5 million fund to allow Brockton to provide financing for proposed restaurants in the downtown area.
BROCKTON — A new $1.5 million restaurant loan fund, originally proposed by Brockton’s former mayor Bill Carpenter, will bring some new dining options – and dozens of jobs – to the downtown area.
The city’s federal delegation, including U.S. Sen Elizabeth Warren, D-Mass., U.S. Sen. Edward Markey, D-Mass., and U.S. Rep. Stephen Lynch, D-South Boston, announced on Thursday that the U.S. Department of Housing and Urban Development awarded a $1.5 million Section 108 Loan Guarantee to the city for its Downtown Brockton Restaurant Infrastructure Fund. The proposal was first announced last year by Carpenter, who died unexpectedly while still in office on July 3 at age 62.
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“This federal support is terrific news for Brockton and will help the city continue its efforts to revitalize the downtown area and grow the local economy,” Warren said.
Read the full story on the Brockton Enterprise website here.
By: Marc Larocque
Source: Brockton Enterprise
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