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MassDevelopment supports the Commonwealth's efforts to encourage recycling, source reduction, and reuse of solid waste by arranging and providing financing for environmental enterprises.
Bond Financing Tax-Exempt Bonds — Used to finance the purchase, rehabilitation or construction of solid waste disposal facilities as well as new equipment purchases. Interest on the bonds is exempt from federal income taxes – and for certain bondholders is also exempt from state income taxes – resulting in lower interest rates. Eligible projects, as determined by federal regulations, include "any property or portion thereof used to collect, store, treat, utilize, process or finally dispose of solid waste." Examples include landfills, recycling facilities and transfer stations.
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Brownfields Redevelopment Fund
Brownfields Redevelopment Fund — Provides up to $100,000 in financing for environmental site assessments and up to $500,000 in financing for environmental remediation. Site assessment loans are unsecured with no interest charged. Remediation loan terms are flexible. Other Resources For more information on waste recovery in Massachusetts, contact the Massachusetts Department of Environmental Protection or visit the links below:
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| Call 800.445.8030 or click here. |