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Vacant Site Acquisition Fund Helps Promote Affordable Housing Development, Combat Displacement in Boston

Mar. 21, 2018

Roger Herzog

Last fall, Boston’s Mayor Marty Walsh, along with partners CEDAC and the Local Initiatives Support Corporation (LISC Boston), announced the creation of the Vacant Site Acquisition Fund. This fund provides new financing options for nonprofit affordable housing developers to acquire vacant and underutilized land and buildings in order to produce more affordable housing u...