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Google funds apartment development in Allston

You read that right: Google is helping to fund an affordable housing project in Allston.

At first, we thought there must be some sort of cyber catch — like, perhaps, how Google had discovered a rich vein of rare-earth materials underneath the surface of Allston or how it was building as vast underground communications center in exchange for rebuilding the Charlesview apartments.

Nope, it’s a straightforward real-estate deal. Google is taking advantage of a federal tax-credit program.

These are strange times in our country’s economic history.

Read other posts about: Boston affordable housing, Boston real estate developments

One Response to “Google funds apartment development in Allston” »»

  1. Comment by S. Marks | 09/30/11 at 12:55 am

    Google now involved in Boston real estate? Is there anything that they’re not involved in?

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