November 30, 2023
WALTHAM, Mass. – MassDevelopment has issued a $17,820,000 tax-exempt bond on behalf of 2Life Leland LLC, an affiliate of 2Life Communities, which will use bond proceeds to demolish a vacant former rest home at 21 Newton St. in downtown Waltham and build a three-story, 68-unit affordable rental housing facility for seniors in its place. Built in 1891, the existing building operated as The Leland Home before its closing in 2020. Read More>
November 29, 2023
DEVENS, Mass. – Yesterday, MassDevelopment hosted federal, state, and military leaders for a walk-through of the future Devens public safety building. Participants included MassDevelopment President and CEO Dan Rivera, State Senator John Cronin, State Representative Dan Sena, a representative from the Office of Congresswoman Lori Trahan, Keith M. Jackson, Deputy to the Garrison Commander at the Devens Reserve Forces Training Area, and staff from MassDevelopment’s Devens Operations and Real Estate divisions. Read More>
November 29, 2023
BOSTON – MassDevelopment has issued a $12,040,000 tax-exempt bond on behalf of Carol Avenue Apartments Owner LLC, an affiliate of Allston Brighton Community Development Corporation (CDC), which is using proceeds to buy, renovate, and preserve the Carol Avenue Apartments located at 6 and 10-12 Carol Ave. in Boston’s Brighton neighborhood. Read More>
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