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Lenders. Developers. Job creators. At MassDevelopment, we offer financing and real estate solutions to support companies and nonprofits, increase housing, eliminate blight, and drive economic growth across Massachusetts. We help these audiences:

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News

Community One Stop for Growth

Community One Stop for Growth

New, single portal replaces 10 existing, separate application processes. Provides simpler, easier access to important programs.

$1M for Merrow Expansion, 150 Jobs

October 21, 2021

FALL RIVER, Mass. – MassDevelopment has provided a $1 million equipment loan from the CARES Act Revolving Loan Fund to Merrow Manufacturing, which will use funds to support the first phase of a major expansion and buy equipment – including a high-speed spreader/cutter machine and an ultrasonic machine for seaming and lamination – that will modernize the company’s manufacturing operations. Read More>

Fay School Adds High-Tech Lab

October 12, 2021

SOUTHBOROUGH, Mass. – MassDevelopment has issued a $45,025,000 tax-exempt bond on behalf of Fay School, Inc., a private day and boarding school in Southborough for students in kindergarten through grade nine, which will use a portion of bond proceeds to renovate existing space in its Root Academic Building to build a new Center for Creativity and Design. Read More>

$50K for Outdoor Play Oasis

October 06, 2021

HYANNIS, Mass. – MassDevelopment has awarded a $10,000 grant to the Cape Cod Toy Library, which will use funds to transform the underutilized backyard of the Hyannis Public Library into the Outdoor Play Oasis, a space for families to spend time together in an inclusive environment designed to foster children’s curiosity, creativity, problem-solving abilities, social connections, and physical activity. Read More>

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