Mayor Michelle Wu and the Mayor’s Office of Housing (MOH) today announced that the City of Boston awarded the first grants from the previously announced Affordable Commercial Assistance Fund (ACAF) to make commercial rents more accessible to small businesses in Boston impacted by the pandemic. The first awards will subsidize rent for Jean Appolon Expressions, a Haitian dance company in Roxbury, and for Words as Worlds Bookstore in Dorchester.
In August 2022, the Mayor’s Office of Housing announced a request for proposals (RFP) for the Affordable Commercial Assistance Fund. The ACAF made $1 million available to help sustain local businesses and community-based nonprofits operating in affordable housing buildings. ACAF funding awards enable property developers to lower their commercial rents and support the growth of businesses investing in local neighborhoods. The funding is available…