May 17, 2023
SALEM, Mass. – MassDevelopment has issued an $8,224,540 tax-exempt bond on behalf of New Point Family Housing LLC, an affiliate of North Shore Community Development Coalition (North Shore CDC), which will use proceeds to buy, renovate, and equip three rental housing facilities totaling 18 units located at 96 Congress St., 52 Peabody St., and 37 Ward St. in Salem’s Point neighborhood. Read More>
May 15, 2023
NEWTON, Mass. – MassDevelopment has issued a $129 million tax-exempt bond on behalf of 2Life Opus Newton LLC, an affiliate of 2Life Communities Inc., which is using proceeds to purchase four acres of land at 777 Winchester St. in Newton and build a 174-apartment senior living community for individuals aged 62 and older. Read More>
May 11, 2023
MIDDLEBOROUGH, Mass. – MassDevelopment has provided a $276,250 equipment loan to Harper Lane Brewery LLC to help the company buy brewing equipment for its proposed facility at 16 Wareham St. in downtown Middleborough, including a canning line, kegs, a keg washer, tanks, refrigeration, and HVAC wall mount units. Harper Lane Brewery will be the town’s first brewery and taproom, and will also feature a small outdoor beer garden. The taproom is expected to open between July and August 2023. Read More>