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Springfield, MA (2013)

New England Public Radio

MHIC's NMTC investment helps finance a new home for the station on Main Street in downtown Springfield.

Investment

  • NMTC Amount: $6,014,000
  • Total Project Cost: $6,234,000

IMPACT

  • 5 FTE jobs
  • 18 construction jobs
  • Rehabilitation of a vacant or under-utilized historic structure.

CDEs

Investor

Project Description

New England Public Radio (NEPR) was established in 1953 and since 1967 had been operating out of a cramped converted dormitory on the campus of UMass Amherst. Since the station has grown, its space has become increasingly crowded, inadequate and in poor condition. In spite of these constraints, NEPR has consistently produced and delivered outstanding award-winning program content to an estimated audience of 180-200,000 throughout mid-western New England. MHIC’s NMTC investment helps finance a new home for the station on Main Street in downtown Springfield. The station has purchased and will gut and totally renovate a condominium at the historic Fuller Block, tripling the amount of space the station has for studio and office space. This new headquarters is transformational for the station in terms of programming and efficiencies, and it will inject vibrancy into the downtown area, with increased public event programming and pedestrian traffic. The station intends to increase its staff of 34 by at least 4.5 new positions.

MAP

Address: 1545 Main Street, Springfield, MA 1103

Census Tract: 25013801101

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