BROOKLINE, MA - The Brookline Teen Center (BTC), a new, planned facility to provide safe, supervised activities for Brookline teens has received a $4 million line of credit from Brookline Bank. The financing should allow the BTC to start construction next year as it continues to raise funds to build a 12,000 square foot facility and sustain the organization well into the future.
"We recognize the significant void this facility fills for Brookline's youth," said Paul Perrault, Chief Executive Officer of Brookline Bank. "There are too few places for teens to go after school or on weekends where they can enjoy a wide range of activities in a safe environment. In providing this financing, we are confident that BTC will receive the donations from this community necessary to both fund the construction and provide a capital base to help it meet its ongoing operating expenses. "
Paul Epstein, President of the Brookline Teen Center said, "Whether drawing on my and Theo's experience growing up in Brookline, or my past eleven years of being a social worker at Brookline High, I know that this will address a critical need in Brookline. For six years, I have worked with a tremendous group of teens to research, design and site a state-of-the-art teen center. This is a project by and for teens, and a once-in-a-generation opportunity to improve our community. With Brookline Banks' commitment to this project, we are finally on the cusp of seeing our collective dream become a reality."
Brookline Bank is also the major sponsor of the BTC's upcoming Open House to be held on Sunday, October 30 from 1-4 pm, at the BTC's future location : 40 Aspinwall Ave, Brookline Village. (For more information on the BTC and the open House, visit BrooklineTeenCenter.org)
Brookline Bank is a subsidiary of Brookline Bancorp, Inc (NASDAQ : BRKL), and is headquartered in Brookline, Massachusetts. A full-service financial institution, Brookline Bank provides individuals and businesses with deposit and lending services, residential mortgages and home equity lending, commercial and CRE lending, cash management, merchant services, and access to investment services. Brookline Bank operates 20 branches in Greater Boston. For more information, go to www.brooklinebank.com
The Brookline Teen Center is building a state-of-the-art teen center in the heart of Brookline Village. BTC Membership will be open to any 7-12th grader who attends school or lives in Brookline. Its mission to provide a safe, enjoyable environment where teenagers can engage in constructive, educational, and leisure activities, and to develop and empower diverse leaders who will enrich the Brookline community. For more information, go to www.BrooklineTeenCenter.org
Tel : 617-730-3500
Brookline Teen Center
Tel : 617-216-8163