MassDevelopment
About
MassDevelopment offers financing, real estate and community development tools to grow businesses, create opportunity and energize cities and towns across Massachusetts. It customizes solutions for banks, manufacturers, small businesses, developers and industries of all types. The agency provides flexible, low-cost financing tools it says can’t be found anywhere else, along with assistance that runs from planning and permitting through development and management.
Recent projects show the range. MassDevelopment issued a tax-exempt bond on behalf of Gándara Mental Health Center as it expanded services, and Stow Elderly Housing Corporation is using a $25.8 million tax-exempt bond issued by the agency. The Millennium Residences at Winthrop Center in downtown Boston secured record-breaking PACE financing, and the agency’s news also features JazzUrbane Cafe, a new arts and dining destination in Nubian Square.
What to Know
- Build for Mass offers low-interest financing for priority municipal projects.
- The agency frames its role around creating jobs, expanding housing and revitalizing communities.
- It is a member of the Greater Boston, Quincy and South Shore chambers of commerce.
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