Issue No. 23 Winter 2005
Community Center
Tools for Housing and Economic Development
 
 
In the Community: Eastern Bank's Stan Lukowski
Eastern Bank's Stan Lukowski says participation in housing-related activities is an extension of the bank's community-focused philosophy and technical expertise.

multimedia profiles
New Life for a Providence Factory In the second installment of an ongoing profile, construction begins on the conversion of an historic mill complex into housing to help revive one of Providence's oldest neighborhoods.

housing events

Opening Celebration Jane Wallis Gumble (left), director, Massachusetts Department of Housing and Community Development, joined Lieutenant Governor Kerry Healey and Joanne Sullivan, the Bank's assistant vice president, director of government and community relations, at a celebration for Hastings House in Boston. Hastings House is a part of the Crittenton Housing Project, which serves very low-income, homeless households. The Crittenton initiative was awarded a $300,000 Affordable Housing Program grant in the second round of 2004.
departments

2004 AHP Awards
2004 AHP Awards Summary
Housing News in Brief
AHP Closeout Reporting 101
Implementation Plan Changes
Events: Property Taxes and Sprawl

Tools Archive
Issue No. 22 Fall 2004
  In Process: Reviving a New England Downtown
When the A.E. Coffin Press Lofts development entered its final phase of construction late last year, the sponsors felt confident that several structural challenges had finally been resolved.



  A New Tool for Community Development
The New Markets Tax Credits program provides a tax incentive for community-development lenders and the capital markets to invest in areas that have historically experienced poor access to credit.



  A Home in the Community
The Cedar Street group home in Wakefield, Massachusetts, allows residents to live in a typical small-town neighborhood without sacrificing access to the around-the-clock support of a trained staff.


  Good Design Means Good Business
Good design is playing an increasingly important role in the development of economically viable housing initiatives throughout New England.



  Three Award-Winning Designs
Architect Bruce Hampton comments on three award-winning affordable-housing initiatives funded by the Bank.



  Regional Expertise Drives Advisory Council
The Advisory Council plays an important role in keeping the Bank's affordable housing and community-lending initiatives responsive to regional needs across New England.


  Strategic Support: The Nonprofit Finance Fund
The Nonprofit Finance Fund provides loans and business analysis to nonprofit organizations focusing on social services, community development, education, arts and culture, and more.


  Members Briefed on 40R
The Bank recently sponsored a forum to brief members and communities on the benefits of Massachusetts' new Chapter 40R housing measure.



Federal Home Loan Bank of Boston Housing and Community Investment Department 1-888-424-3863

John Eller, Senior Vice President
Mary Ellen Jutras, Assistant Vice President
Ken Willis, Assistant Vice President
Liz Nickerson, Senior community Investment Manager
Theo Noell, Senior Community Investment Manager
Carmen Gutierrez-Seales, Senior Community Investment Manager
Rodney Peterson, Senior Community Investment Manager
Paulette Vass, Community Development Advance Manager
Holly Frades, Housing and Community Investment Assistant
April Gancarz, Housing and Community Compliance Analyst