Fall River Gets Potential Economic Boost
Fall River, an area that has struggled economically over the past years, has recently got a chance to revive itself. The city was one of five selected in the United States to participate in a new Obama administration pilot program that brings “assessment teams” into the communities in an effort to rejuvenate their economies and plan for successful futures.
Recently, the team of consultants, which is funded by a 10 million dollar grant Department of Housing and Urban Development, made their way to Fall River to see the city for their selves. After meeting with Mayor, William Flanagan, the superintendent of schools, and various business leaders and city officials, the group got a better look at the city’s educational and employment issues.
While the program is something not too far off of other economic revitalization tactics employed by the city, which didn’t work in the past, there is hope that it can spur positive change for the city of 89,000. To read more about these efforts, take a look at The Boston Globe’s Article.