Business & Tech

Anti-Poverty Agency That Served Medford Files for Bankruptcy

Services previously provided by Tri-City Community Action Program, Inc., will be taken over by other organizations.

An anti-poverty agency that owes more than $1 million to its creditors announced its bankruptcy on Tuesday, according to a Boston Herald report.

However, its home heating assistance, weatherization, and Head Start programs will be undertaken by new agencies.

Tri-City Community Action Program, Inc., provided services for more than 18,000 individuals in Malden, Medford, Everett, and other towns and cities in the area, according to the source.

Find out what's happening in Medfordfor free with the latest updates from Patch.

“Over the last several years, the costs of providing the programs that they do to serve the community outpaced their funding sources, which consisted primarily of government grants,” Tri-City’s attorney John Morrier, told the Herald.

Morrier said no one to his knowledge has implied anything fishy is afoot with regards with misappropriation of funds, according to the source.

Find out what's happening in Medfordfor free with the latest updates from Patch.

“There was some overspending, and when they realized that they would not be able to continue late last fall, they started transferring their programs to 
other agencies.”

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