Issue No. 27 Spring 2007 Tools Home Tools for Housing and Economic Development
 

 

Congressman Michael E. Capuano (D-MA) helped the Federal Home Loan Bank of Boston (the Bank) commemorate the first 15 years of the Affordable Housing Program in September. The eighth district represented by Congressman Capuano has won numerous AHP awards, with initiatives in Chelsea, Somerville, Cambridge, and Boston. From the left, Arthur R. Connelly, chairman and chief executive officer, South Shore Savings Bank, and member of the Bank’s board of directors; Congressman Capuano; Michael A. Jessee, president and chief executive officer of the Bank; and Jan A. Miller, president and chief executive officer, Wainwright Bank & Trust Company, and member of the Bank’s board of directors.

Housing News in Brief

Sen. John S. McCain (R-Arizona) speaking at the dedication ceremony for the AHP-funded Buckingham Place initiative in Nashua, New Hampshire. The new three-story facility provides 20 apartments for very low-income, homeless veterans. Representing the Federal Home Loan Bank of Boston at the event was Senior Vice President William P. Hamilton (left).

neXus Center The Green Roundtable’s neXus Center, the nation’s first full-immersion green-building experience, opened in Boston in January. This one-stop resource center brings together educational exhibits, a year-round tradeshow space, full resource and sample library, and a team of experts to provide guidance on green-building issues. Supported by the Federal Home Loan Bank of Boston (the Bank), the neXus Center is located at 38 Chauncy Street, seventh floor, in downtown Boston. For more information call the center at 617-374-3740, or visit www.greenroundtable.org.

A Plan for Greater Boston Metro Boston residents are invited to a Boston College Citizens Seminar on the MetroFuture project on Tuesday, May 1, at Boston College. The Metropolitan Area Planning Council’s MetroFuture project is developing a plan for the growth and development of 101 cities and towns across the region. Seminar participants will develop action steps for MetroFuture’s 2030 plan. For more information visit www.MetroFuture.org.


From the left, Frank Nitkiewicz, executive vice president and CFO, Federal Home Loan Bank of Boston (the Bank); Ann R. Lally, president and CEO, Salem Co-operative Bank; Sen. John E. Sununu; and Diane Kierstead, executive director, Salem Housing Authority were among the participants at the ground-breaking of Downing Way Elderly Housing in Salem, New Hampshire. The initiative’s 24 apartments will be affordable for low- and very low-income households. Downing Way was awarded a grant and subsidized advance from the Bank’s Affordable Housing Program.