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Boston Foundation commits $10 million to Fairmount Corridor

Posted by Patrick Rosso  July 18, 2013 10:06 AM

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(Patrick D. Rosso/Boston.com/2013)


Elected officials cut the ribbon on the new Four Corners/Geneva Avenue Station Wednesday.


As elected officials and community advocates celebrated the addition of three new stations to the Fairmount commuter rail line, The Boston Foundation announced the commitment of $10-million over the next four-years to projects along the rail corridor.

The 9.2-mile rail line, which cuts through Roxbury, Dorchester, Mattapan, and Hyde Park, is the only commuter rail line that exclusively services Boston. On Wednesday the ribbon was cut on three new stations: The Four Corners/Geneva Avenue Station, the Talbot Avenue Station, and the Newmarket Station

“The opening of new transit stations and the continued development along the Fairmount line underscores the power community funders can have when they invest in neighborhoods for the long term,” Paul S. Grogan, president and CEO of the Boston Foundation, announced at the Wednesday ribbon cutting for the Four Corners/Geneva Avenue Station.

“We are honored to have been there from the early days of this effort to bring transit equity to the Fairmount Corridor, and were main committed to ensuring that increased transit service in not an end in itself, but a step in the strengthening of these neighborhoods for all their residents,” he added.

The money will be used to support the economic and cultural development that is expected to blossom along the line with the addition of the new stations and the decrease in fares.

No specific projects were announced, but the money is expected to be used to support organizations and advocates already involved with the development of housing, jobs, and community structures along the line.

A partner with the city on the Fairmount Indigo Planning Initiative, the Boston Foundation has invested $8.75-million in projects surrounding the line since 2009, according to the non-profit philanthropic foundation.

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Email Patrick D. Rosso, patrick.d.rosso@gmail.com. Follow him @PDRosso, or friend him on Facebook.

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