Request for a public hearing
Hold hearing on creating a public-private lending agency
Last activity April 9, 2026 (5 months ago)
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Introduced
April 6, 2026
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In committee
The committee decides whether to send it to the full council.
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Council vote
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Adopted
The City Council ordered a hearing to explore establishing a public-private lending agency in Boston. The proposal would use public capital to provide financing to developers and businesses at rates lower than private lenders, with potential benefits for housing development, neighborhood businesses, and the city’s tax base. The record notes collaboration with city agencies and local development groups.
Filed by Benjamin Jacob Weber, Henry Santana, Enrique Pepén, Erin Murphy, Ruthzee Louijeune, Ed Flynn, John FitzGerald, Miniard Culpepper, Gabriela Coletta Zapata, Liz Breadon, and Brian Worrell
Now with the Committee on Labor and Economic Development
About Budget & Finance , Housing & Development and Public Safety
Compare with the government's own wording
Official title
Order for a hearing to explore the creation of a public-private lending agency in Boston.
Timeline
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April 8, 2026
Referred to
City Council
Referred to the Committee on Labor and Economic Development.