Masachusetts governor Deval Patrick (D), in a letter I find only on the Baller Herbst website, recommended three projects: an infrastructure project in Western Massachusetts, an educational project in and around Boston, and OpenCape, which I wrote up earlier in depth.
Given the large number of potential applications, I applaud the state for choosing to recommend only three. I think it takes a lot of courage for a bureaucrat or a politician to recommend a limited amount of spending on their state.
However, the three projects could still use a lot of cash: $146 million in grants and $184 million in loans. On the other hand, the high proportion of loans in this mix should count in their favor.
Tags: massachusetts