Rich towns get 'distressed' status - The Boston Globe

March 15, 2010
The Boston Globe

A 2008 study by MassINC, a nonprofit research group in Boston, found that affluent suburbs landed many of the biggest, most desirable economic development projects subsidized by the program, such as high-tech manufacturing plants and research parks. By contrast, struggling communities often used the program for discount stores, fast-food restaurants, and other businesses that generally create few high-paying jobs.

β€œIt’s supporting high-value economic activity in affluent locations and marginal activities in low-income towns,’’ said Benjamin Forman, research director for MassINC.

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