Mass. community group sets $1b target

The Massachusetts Association of Community Development Corporations and their members announced their intention today to collectively raise $1 billion to achieve such goals as building or preserving 6,000 affordable homes and creating or preserving 9,000 job opportunities.

The association is made up of local community economic development organizations from around the state.

The association said its goal is to attract $1 billion of investment over the next four years to build homes, create jobs, grow local businesses, and serve low and moderate income families.

"To achieve these goals, we have to work smarter and more efficiently, and the public and private sectors will have to come to the table with new resources and a commitment to partnership," Joseph Kriesberg, president of the association, said in a statement.
(By Chris Reidy, Globe staff)