Founded in 1979 by local civic groups, Dorchester Bay Economic Development Corporation works to create economic development opportunities and construct affordable housing options for the diverse communities in Boston and Dorchester neighborhoods. To date, the group has developed more than 1,110 units of affordable housing, including two housing cooperatives. The CDC has also developed 164,260 square feet of commercial space, which includes a $14.5 million shared kitchen space credited with creating 120 jobs. Its Economic Development Program has made more than 215 loans, creating or retaining more than 1,000 jobs.
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