Owner of Southgate Place--not SWNIC

Although the land for the proposed Southgate Place (Old City Builders) is in the name of the South Worcester Neighborhood Improvement Corporation, they will not be the owner of the final rented project.   These parcels are only in SWNIC's name so as to secure political backing and obtain the grants and not have to pay back any of the EPA grants-- non-profits like SWNIC do not have to pay back EPA brownfield monies.  (Truth be told there is one parcel in the name of Mechanics Guild).

Once the project is complete it will be transferred from SWNIC and Mechanics Guild to  City Builders LLC.    Here is a better description.   .   If it was, in fact, City Builders LLC, trying to develop this parcel from the beginning, they would have 1) had to pay back the EPA brownfield funds and 2) would have had a more difficult time getting all of the grant monies.