Great news for Holyoke! The city’s downtown is set to receive a significant boost, having been selected for MassDevelopment’s highly impactful Transformative Development Initiative (TDI).
This strategic program is designed to inject new life and economic vitality into urban centers across the Commonwealth, and Holyoke is now officially on board to reap its benefits.
What does this mean for Holyoke? The TDI selection brings a suite of powerful resources directly to the city’s heart. Most notably, a dedicated full-time fellow will be embedded within Holyoke, working hands-on to drive development. This isn’t just about personnel; it also includes access to crucial grants and comprehensive new economic development support, all geared towards strengthening the vibrant fabric of downtown Holyoke.
This initiative is poised to accelerate ongoing revitalization efforts, foster new business growth, and create a more dynamic and attractive environment for residents, visitors, and entrepreneurs alike. It’s about building a sustainable future for the city’s core.
Holyoke stands proud as one of six Gateway Cities across Massachusetts to be chosen for this critical state economic assistance, underscoring its potential and the state’s commitment to its urban centers.
With the backing of MassDevelopment’s TDI, Holyoke’s downtown is on a clear path towards an exciting period of growth and transformation!
Source: Original Article
