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City and school team to pursue grants and incentives that would supplement MSBA funding
Summary
Project staff and the mayor said a set of external grant opportunities could add funding to the Revere High School project without reducing MSBA reimbursement; city grant staff will review and may seek committee help.
Project staff and the mayor said potential grant and incentive opportunities shared by the Massachusetts School Building Authority (MSBA) could provide additional funding for the Revere High School project without reducing the MSBA reimbursement amount.
At the Jan. 22 joint meeting, staff displayed a summary of potential grant and incentive opportunities and said city and school grant writers, together with the project team, will review eligibility and decide which departments should apply. Mayor Keith said he would meet with the city grant writer and that the team may reach out to building-committee members to assist with applications.
Committee members and staff noted this is a change from earlier practice: previously, some grants reduced the MSBA reimbursement calculation if awarded. Staff said the grants now appear to be additive to MSBA funding, which would reduce local costs without lowering the MSBA award.
Next steps The mayor and staff said they will review the grant list in a meeting scheduled for the coming Friday and will follow up with the committee about which grants the city and school will pursue. No formal applications or award amounts were presented at the meeting; eligibility and lead applicants remain to be determined.
