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$12M Bond for Community Space & Arts Center in Boston

Success Story

MassDevelopment issued a $12 million tax-exempt bond, purchased by TD Bank, to help Inquilinos Boricuas en Acción, Inc. (IBA) build Boston’s new home for Latinx art and community empowerment, La CASA: The Center for Arts, Self-Determination, and Activism. La CASA – a four-story, 26,500-square-foot multipurpose community space and arts center in Boston’s South End neighborhood – will become the largest Latinx Cultural Center in New England and will include galleries and spaces for arts education, performance, and community gatherings with a multipurpose community arts space on the first level. It will also feature flexible spaces for IBA’s programs, services, property management, and community activities. The $33 million project will be located at 85 West Newton Street, which is currently vacant. IBA will also use bond proceeds to buy and install furnishings, fixtures, and equipment.