June 8, 2023


The Number One Source For Business

Briefs on local business, including Framingham’s Youth Internship Program, SBA’s Community Navigator Pilot Program and Dyne Therapeutics,

Send news about your local business to [email protected]. We’re interested in news about business people, expansions, openings and community involvement by MetroWest businesses and business people. Follow Daily News Business Editor Bob Tremblay on Twitter @Bob Tremblay_MW.

Framingham launches Youth Internship Program

Framingham Mayor Yvonne M. Spicer’s office has partnered with MassHire Metro South/West Workforce Investment Board to launch the Mayor’s Youth Internship Program. The program aims to provide meaningful employment opportunities to youth (ages 14-21) that help with professional development and highlight the importance of being engaged citizens. The state-funded program is scheduled to run through August. In addition to pre-employment and professional development training, the Mayor’s Office will provide civic leadership opportunities centering the internship experience on community and connecting youth to local government. Interns will explore careers in public, private and nonprofit sectors, learn new skills in real-world settings and be paid for their work. Participants are matched with local businesses and organizations based on their application preferences. To learn more about the program, visit Framinghamma.gov/Youth. An information session webinar takes place at 1:30 p.m. Thursday. For more information, contact Alaa Abusalah, Citizen Participation Officer at [email protected] or 508-532-5510. 

SBA launches Community Navigator Pilot Program 

The U.S. Small Business Administration is accepting applications for its new Community Navigator Pilot Program. This initiative, established by the American Rescue Plan, will leverage a community navigator approach to reach the nation’s smallest businesses, with a priority focus on those owned by socially and economically disadvantaged individuals, as well as women and veterans. SBA will accept applications through July 12, and anticipates making award decisions by August. Competitive grant awards will range from $1 million to $5 million for a two-year performance period. Applicants have until July 12 to submit applications at grants.gov. Performance periods are projected to commence in September. Those eligible to apply must meet and demonstrate abilities to support the requirements of this funding opportunity. For more information on the Community Navigators Initiative, visit www.sba.gov/navigators.

Dyne Therapeutics to present at Jefferies conference

Dyne Therapeutics Inc., a Waltham-based muscle disease company focused on advancing innovative life-transforming therapeutics for people living with genetically driven diseases, is scheduled to participate in a fireside chat at the Jefferies Virtual Healthcare Conference at 9 a.m. Thursday. A live webcast will be available in the Investors & Media section of Dyne’s website at https://investors.dyne-tx.com/investors-and-media and a replay will be accessible for 90 days following the presentation. For more information, visit https://www.dyne-tx.com/.

Median sales price for single-family homes in Massachusetts increased by 9{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} since March, from $485,000 to $529,000, and condominiums by 5.5{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}, from $459,945 to $485,000.

Median sales price for Mass. homes continues to rise 

Home sales continued to rise in April from the previous month, according to The Massachusetts Association of Realtors, substantiating the expectations of a busy spring market. For single-family homes in March, there were 3,385 closed sales and 5,804 new listings, while in April there were 3,923 closed sales and 6,721 new listings. For condominiums, March saw 1,959 closed sales and 3,040 new listings, whereas April brought 2,109 closed sales and 3,394 new listings. The market continues to see many multiple-offer situations, driving sales above asking price. Median sales price for single-family homes increased by 9{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} since March, from $485,000 to $529,000, and condominiums by 5.5{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}, from $459,945 to $485,000. Though the market paused during the spring of 2020, the market landscape has seen quite a change since then, according to MAR. Months’ supply of inventory for single-family homes in April 2020 was 2.3, dropping by 65.2{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}, year over year, to 0.8 for the same month this year. A similar trend was noted for condominium supply, dropping 44{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}, year over year, from 2.5 to 1.4. Compared to April 2020, the median sales price for single-family homes rose by almost $100,000, increasing by 20.8{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb}, and 11.5{de3fc13d4eb210e6ea91a63b91641ad51ecf4a1f1306988bf846a537e7024eeb} for condominiums.