U.S. Representative Richard Neal Announces U.S. EDA Grant for DevelopSpringfield
Springfield, MA – U.S. Representative Richard E. Neal joined Springfield Mayor Domenic J. Sarno and representatives from DevelopSpringfield today at 77 Maple Street to announce a significant grant from the U.S. Economic Development Administration (EDA).
The $1,136,124 grant from the WorkHub Accelerator Division of the EDA will be used to rehabilitate the former Springfield Female Seminary building at 77 Maple Street into a series of small offices and co-working spaces for entrepreneurial use. This project has an anticipated outcome of providing 30 jobs and generating $284,000 in private investment.
“This building was constructed in 1832 and is one of only 25 known, still-standing buildings in Springfield to pre-date 1835,” said Representative Neal. “By saving this historic treasure and transforming it into a hub for small business use, the team at DevelopSpringfield once again shows what can be done to revitalize our downtown.”
Mayor Sarno states, “As always, I’m very appreciative of Congressman Neal’s continued efforts to provide federal assets to Springfield. Simply put, this over $1 million award is a jobs generator.”
“We are grateful to the Economic Development Administration for their critical investment in this strategic redevelopment which will create supportive space and services for small business development,” said Nick Fyntrilakis, DevelopSpringfield’s Board Chair. “We also appreciate the advocacy of Congressman Neal, Senator Warren and Senator Markey on this application. The rehabilitation of this historic property will help strengthen this vital corridor and complement other projects taking place in the neighborhood.”
77 Maple Street is on the National Register of Historic Places.