HUD Approves $3.65 Million Loan Guarantee to City of Springfield; Loan to Finance the Redevelopment of the Historic Paramount Theater and Massasoit Building

Mayor Domenic J. Sarno and Congressman Richard E. Neal are pleased to announce that the U.S. Department of Housing and Urban Development have approved a $3,650,000 million loan guarantee to the City of Springfield to finance a $41 million redevelopment of the Historic Paramount Theater and Massasoit Building. This transformative project is intended to provide a focal point for cultural and entertainment activities in western Massachusetts


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