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 Issue of May 28, 2007 
   

Hynes Hopes Seaport School Scenario Sails
By Thomas Grillo
The developer of a proposed new 2,000-unit neighborhood on South Boston’s waterfront said on Thursday night he’ll build a private school on the site to keep the residents from fleeing to the suburbs when their children reach school age.



Building in Hub’s Seaport Area Being Targeted for Renovation
By Thomas Grillo
The developer of a luxury condominium project in Boston’s Seaport neighborhood has filed plans with the city to renovate an adjacent office building with the addition of ground-floor retail.



Neighborhood’s Prospects No Longer Heading South
By Thomas Grillo
Worcester’s gritty Main South neighborhood is making a comeback.



Chapter 40R Funding Becoming a Concern
By Aglaia Pikounis
A dozen communities in Massachusetts are taking advantage of a state program that offers cash payments to towns that promote mixed-income housing development near town centers and public transportation.



Poor CRA Rating Spurs Changes at Bank
By Amy Wyeth
For a financial institution that prides itself on community involvement, a poor Community Reinvestment Act rating from federal regulators has been a wake-up call.



Longtime Bank-Backed Vehicle Lets Customers Do Their Part
By Amy Wyeth
The Community Investment Fund, the main investment vehicle at Boston-based Access Capital Strategies, was created as a way for banks to boost their Community Reinvestment Act scores.



Local Teens, Get Ready to Roll: Plans for Skatepark Under Way
By Thomas Grillo
In many places, they are considered a neighborhood nuisance.



Downward Pressure Predicted for Home Prices in Bay State
By Aglaia Pikounis
Weak employment and moderate income growth, along with a rise in foreclosures and mortgage loan delinquencies, will put downward pressure on home prices in Massachusetts throughout the year and the beginning of 2008, according to a new economic forecast.



Hub Developer Brings Lofty Vision to Fort Point Neighborhood
By Kay Metcalfe
The gentrification of Boston’s Fort Point neighborhood continues as the community awaits another luxury condominium development, FP3, at 346-354 Congress St.




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