Failure of Silicon Valley Bank won’t affect CHA despite investment in four of its rehab projects
The Cambridge Housing Authority was one of many Massachusetts affordable-housing developers affected by the collapse of Silicon Valley Bank, which bought a major player in the low-income housing community here, Boston Private Bank & Trust Co., in 2021.
First Republic, with Harvard branch, is rocked, while Cambridge’s banks reassure of stability
Financial industry turmoil touched Cambridge on Thursday as First Republic Bank said it was getting $30 billion in help from a coalition of other institutions. Local banks took the opportunity to reassure customers of their stability.
Attend Cambridge meetings from Dec. 12-18: Open space; what it’s like in an affordable unit
Public meetings this week look at open space plans and programming, the affordable-unit experience in market-rate buildings, unarmed public safety agencies, final Alewife zoning proposals, plans for Cambridge Street and more.
Attend Cambridge meetings from Dec. 5-11: Tow-free street cleanings and green zoning
Public meetings this week look at street cleaning without tows, green zoning, a municipal property inventory; conservative “birthing” clinics, board Stipends and bank frontage; and zoning to decide where labs are allowed.
Gallery 24/7 turns ATM, an icon of consumerism, into a free space for exhibit of artists’ inspiration
A former Bank of American ATM in Harvard Square has morphed into Gallery 24/7 – an all-day, all night collaborative that begins its exhibits with works by five local artists.
Attend meetings on advancing Alewife zoning, catering from within a condo, a Harvard bank
Public meetings this week look at Brattle Street safety improvements, schools’ nondiscrimination policy, a caterer in Porter and bank and apartments in Harvard, and Alewife zoning recommendations.
Bank robbery suspect is taken into custody
A Malden resident was taken into custody Monday by police after a robbery at an Alewife Brook Parkway bank. The suspect was spotted by an off-duty officer in a grocery store and taken into custody in a nearby pharmacy.
Bank building near Central to be city property, housing its offices and unarmed public safety
Approval to buy the handsome, circa-1904 beaux-arts style Cambridgeport Savings Bank Building near City Hall makes room for the city’s new unarmed Community Safety Department and helps solve a growing problem for municipal government: where to put everyone.
Attend meetings on buses, hiring diversity, improvements for Danehy Park and more
Public meetings this week look at hiring a next city clerk, auditor and city manager; improvements to buses and Danehy Park, and hiring diversity; adding bike lanes on Garden Street; remembering Robert’s Rules of Order; transportation zoning and housing atop the Crimson Galeria; and the state of mental health services in Cambridge.
We can save our communities via our savings
Economic choices leave traces. Consumers are becoming increasingly thoughtful about how we spend our dollars – but what about how we save them?
