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Ramesh Izedian says $400,000 is nothing to sneeze at.
“If not for the funding, I’m not sure this project would be feasible,” he said.
Izedian was referring to a state grant award he received earlier this month from MassDevelopment and its 11-month-old Underutilized Properties Program.
Izedian’s plan to rehabilitate and redevelop a vacant, three-story building at 285-299 South Main St. is one of 20 such projects statewide that were granted a total of $7.5 million from the state’s nonprofit, property development finance agency.
Photo by Charles Winokoor