Historic Boston Inc
About
Historic Boston Incorporated is a nonprofit that redevelops historic properties across Boston’s neighborhoods. Acting as a patient investor, it restores important buildings the market has disregarded, using its own technical and financial resources along with conventional lenders, philanthropic sources and state and federal tax credits. Its projects create homes for Bostonians, expand opportunities for small businesses and restore buildings for neighbors’ needs today, working with residents and community organizations.
HBI formed in 1960 as a rescue mission for the Old Corner Bookstore, downtown Boston’s oldest commercial building, which was slated to become a parking garage. The 1718 building had housed Ticknor and Fields, publishers of Walden and The Scarlet Letter, and is now a Freedom Trail site. That success led HBI to become a nonprofit developer in 1979, with early projects in Charlestown, East Boston and Roxbury.
What to Know
- HBI has restored and repositioned dozens of historic buildings throughout Boston.
- Early projects included Roxbury’s Spooner-Lambert House and Charlestown’s Hurd House.
- It recently launched a feasibility study for the future of Ionic Hall.
- It has partnered with the Hyde Park Historical Society on community investment tax credits.
- Donations support its preservation and redevelopment work.
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