Ten O'Clock News; Mortgage aid in minority neighborhoods
David Boeri reports on the Bank of Boston's new mortgage program for low- and moderate-income city residents. President of Bank of Boston Ira Stepanian and Robert Mahoney announcing the new program to the media at a press conference at a Roxbury branch of the Bank of Boston. Boeri reviews the terms of the program. He notes that many houses in the area are not eligible for the program because their sale prices are too high. Interview with Roxbury resident Diana Strother, who says that many residents do not make enough money to take advantage of the program. Interview with Leon Wilson from the Bank of Boston about the terms of mortgages under the program. Boeri notes that the units in the Fort Hill condominium complex are too expensive to qualify for the Bank of Boston program. Interview with Boston resident Alvin Wilkins and realtor Eve Moss about housing prices in the area. Interview with Bruce Marks from the Hotel and Restaurant Workers Union. Marks calls the Bank of Boston program a "public relations scam" if it does not truly help low-income residents with followup steps.
- Ten O'Clock News
Mortgage aid in minority neighborhoods
- Series Description
NIGHTLY NEWS WITH CHRISTOPHER LYDON AND CARMEN FIELDS Began January 1976. Replaced evening news show EVENING COMPASS. Original host: Steve Nevas. Other anchors, Christopher Lydon (1977-91) and Gail Harris (1983). In 1980 - hour long. Ended in 1991.
(PREDECESSORS: Louis Lyons began news operations at WGBH in 1952. The News at 10 began in 1966. The Reporters premiered in 1970. The Evening Compass started in 1974.) Series release date: 1/1976
- Asset Type
- Media Type
- Urban poor
- Banks and banking
- Press conferences
- Roxbury (Boston, Mass.)
- Boston (Mass.)
- News Report
- Boeri, David (Reporter)
- Chicago: “Ten O'Clock News; Mortgage aid in minority neighborhoods,” 05/10/1989, WGBH Media Library & Archives, accessed October 27, 2016, http://openvault.wgbh.org/catalog/V_559E75A05E7A4DAAA636727D0ABB8494.
- MLA: “Ten O'Clock News; Mortgage aid in minority neighborhoods.” 05/10/1989. WGBH Media Library & Archives. Web. October 27, 2016. <http://openvault.wgbh.org/catalog/V_559E75A05E7A4DAAA636727D0ABB8494>.
- APA: Ten O'Clock News; Mortgage aid in minority neighborhoods. Boston, MA: WGBH Media Library & Archives. Retrieved from http://openvault.wgbh.org/catalog/V_559E75A05E7A4DAAA636727D0ABB8494