Unlock Economic Development Potential that will allow the full development of the Broadway corridor and will spark the development the following benefits:
- Unlock and support the development of the new housing units
- Increase number of potencial consumers in the district
- Increase tax revenues
- Increases available parking
- Attract new investment, and encourage development of existing owners
- Unbundles the cost of parking from housing development in the district.
Status: Completed Financial Feasibility Study
Projects
COVID-19 Emergency Small Business Assistance Program
We are happy to announce that the Chelsea Business Foundation, utilizing the $1million dollar fund established by the City Council of Chelsea and the Department of Housing and Community Development, is administering the Emergency Small…
Technical Assistance (TA)
Outcomes: Engaged and outreached 200+ businesses in Downtown Chelsea Selected (5) businesses in Chelsea to received $5,000 USD (each) to implement TA recommended Provide technical assistance in a bilingual and culturally relevant manner to 10+…