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Series: The Ten O'Clock News
Date: 1989-05-10
Duration: 00:03:22
Subject: Housing; Urban poverty; Banks and banking
People: Boeri, David; Mahoney, Robert; Marks, Bruce; Moss, Eve; Stepanian, Ira; Strother, Donna; Wilkins, Alvin; Wilson, Leon;
Geography: Roxbury (Boston, Mass.)|
Clip Description
David Boeri reports on the Bank of Boston's new mortgage program for low- and moderate-income city residents. Boeri's report includes footage of Ira Stepanian (President, Bank of Boston) and Robert Mahoney (Bank of Boston) 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. Boeri interviews Diana Strother (Roxbury resident), who says that many residents do not make enough money to take advantage of the program. Boeri interviews Leon Wilson (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. Boeri interviews Alvin Wilkins (Boston resident) and Eve Moss (realtor) about housing prices in the area. Boeri also interviews Bruce Marks (Hotel and Restaurant Workers Union). Marks calls the Bank of Boston program a "public relations scam" because it does not truly help low-income residents. Boeri's report includes shots of the Fort Hill condominium complex.
Series Description
A local program aimed at the Boston audience, The Ten O'Clock News debuted on January 15, 1976. Its two immediate predecessors were The Reporters and Evening Compass. A news and public affairs show focusing on neighborhood, local and state issues, The Reporters was produced and broadcast on WGBH from 1970 to 1973. The Reporters was then replaced by Evening Compass, which expanded into a twice-nightly news broadcast during the tense moments of Boston's busing crisis. On the air from 1973 to 1975, Evening Compass found an audience through its in-depth coverage of school desegregation in Boston, which began in 1974. The Ten O'Clock News stood out as an in-depth news program. It strove for a balance between local and national stories, between politics and the Arts. The last The Ten O'Clock News program was broadcast on May 30, 1991.



