Boston Creates $70 Million HUD Backed Loan Pool To Help Create 2,000 Jobs.

Boston Globe story is HERE. Program uses HUD Section 108 loan authority.

The US Department of Housing and Urban Development said it is approving a $69.7 million loan guarantee to the city of Boston that will create a revolving loan pool that aims to kick-start stalled real estate development projects and stimulate the hiring of nearly 2,000 full-time workers

Originally created and posted on the Oregon Housing Blog.