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Bond Financing Programs
Tax-Exempt Bonds
Tax-Exempt Equipment Lease/Purchase Program
Taxable Bonds
Capital Financing 501

Tax-Exempt Bonds
Provides very low interest rate financing for capital projects. Projects financed must be eligible for tax-exempt financing under the federal tax code, and include the following:
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  • 501(c)(3) nonprofit real estate and equipment
    Apply    Tax-Exempt Financing for 501(c)(3) Nonprofits
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  • Municipal and governmental projects
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  • Waste recovery and recycling facilities
    Apply    Tax-Exempt Financing for Exempt Facilities
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  • Manufacturing facilities and equipment
    Apply    Tax-Exempt Financing for Manufacturers
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  • Affordable residential rental housing
    Apply    Tax-Exempt Financing for Affordable Housing Developers
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  • PRIDE, Inc.
    MassDevelopment provided $600,000 in tax-exempt bond financing for PRIDE, Inc. Bond proceeds will finance the acquisition of 1.5 acres of land and the purchase and rehabilitation of a 33,000 square foot building in downtown Taunton. Rockland Trust purchased the bond directly and worked with MassDevelopment to deliver a 4.8% interest rate.
    Quote from Justin Sallaway