July 18, 2013
Foundation continues commitment to housing, jobs, economic and cultural investments to Fairmount neighborhoods
Boston – Paul S. Grogan, President and CEO of the Boston Foundation, today announced the Foundation would commit $10 million or more over the next four years to projects along the Fairmount Corridor – a nine-mile stretch of neighborhoods along the MBTA’s Fairmount rail line, providing empowering support to neighborhoods and organizations working to bring jobs, housing, and economic investments to the community while uplifting the cultural identities of those groups living along the rail line.
“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,” said Grogan. “We are honored to have been there from the early days of this effort to bring transit equity to the Fairmount Corridor, and we remain 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.”
Grogan made his announcement at the ceremonial ribbon cutting for the MBTA’s new Four Corners/Geneva station at 200 Washington St. in Dorchester, one of three new stations opened along the line in the past year. Since 2009, the Boston Foundation has invested an estimated $8.75 million in housing, community building, transit equity, community economic development, cultural life and family asset development directly targeting the Fairmount Line and its surrounding environs in Roxbury, Dorchester and Mattapan, specific to leverage the MBTA’s $200 million infrastructure investment in revitalizing the Fairmount Line.
Grogan’s announcement moves the Boston Foundation into a second phase of investment, as the focus of work shifts from the development of equitable transit options for residents along the line to realizing the economic and cultural development potential that affordable transit access provides. Investments along the Fairmount Line will be supplemented by millions of dollars in co-located investments in Roxbury, Dorchester and Mattapan targeting the areas of highest need and addressing disparities in education, community safety, income, health and other measures of success.
The Foundation’s investments in the revitalization of the Fairmount Line began in the mid-1990s with support for community groups working to return rail service to the diverse neighborhoods the commuter line passed through. The Foundation has also played a convening role, bringing together funders, community leaders and local, state and federal officials to create partnerships that could attract and contribute greater resources to address transit and other needs along the corridor.
Some examples of recent investments include: