"We're exhilarated with the success," Grogan said. "Money is going out in many different directions, and it's speeded up projects people had hoped to see."

On Tuesday, University and Boston city officials held a ribbon-cutting ceremony for the opening of the Ruggles Assisted Living facility in Roxbury, a $5.3 million project partially funded through the 20/20/2000 program.

The facility, which will provide 43 units of housing for seniors, with meals, laundry service and 24-hour medical care, is one of the first low income, assisted-living facilities in the country.

University officials hope that the new facility, which is built in one of Boston's poorer neighborhoods, will help revitalize the surrounding area.

"The double impact is important," said Lauren Louison, from the office of government and community affairs. "Hopefully it will help turn around the whole block."

University President Neil L. Rudenstine echoed the same thoughts at yesterday's ceremony.

"The Ruggles Assisted Living project is a wonderful example of how grassroots organizations in our community help the neediest among us and give hope to the entire neighborhood," Rudenstine said.

Grogan said the 20/20/2000 initiative is a departure from previous community related programs, with the University playing a more active role in committing its resources to specific projects.