Boston Real Estate Blog

Sponsored by John Ford Realty
137 Charles Street, Boston
151 Tremont Street

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.

One Response to Google funds apartment development in Allston