MassDevelopment

Community Rowing, Inc.

MassDevelopment, through its Capital Financing 501 program, issued a $4,100,000 tax-exempt bond for Community Rowing. The rowing advocacy and community outreach group used the proceeds to construct a 30,000-square-foot boathouse on the Charles River with boat storage, administrative offices, classroom space, boat bays for repairs and a sculling pavilion to house smaller boats.