The Federal Reserve Bank of Boston (FRBB) announced the City of Lowell and the City of Haverhill as the winners of their Working Cities Challenge. Three other Massachusetts cities received awards.
The Working Cities Challenge is an initiative launched by the FRBB in May 2013, designed to support and sponsor small Massachusetts cities that foster opportunities for success to low-income residents. Ten cities in the state, collaborating with local public agencies, competed for grants by submitting proposals, which outline their efforts to implement lasting change within their communities.
Each of the five cities will receive $475,000 to work on their proposed initiatives over a three year period. Several Third District communities were considered for this prestigious award, with support from Congresswoman Niki Tsongas.
“These competitive awards shine a spotlight on the exceptional work each city