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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.

$55M Funds Lofty Improvements at Salem Heights

August 03, 2021

SALEM, Mass. – MassDevelopment has issued a $55 million tax-exempt bond on behalf of Salem Heights II Preservation Associates Limited Partnership, an affiliate of Preservation of Affordable Housing, Inc. (POAH), which will use bond proceeds to buy, renovate, and equip the 281-unit multifamily rental housing facility Salem Heights, located at 12 Pope St. in Salem. Read More>

Glenmeadow Gets $8M Refresh

July 20, 2021

LONGMEADOW, Mass. – MassDevelopment has issued an $8 million tax-exempt bond on behalf of Glenmeadow, Inc., a nonprofit life plan community at 24 Tabor Crossing in Longmeadow for individuals aged 62 or older. Read More>

Help to Tackle Revitalization Challenges

July 07, 2021

BOSTON – MassDevelopment is pleased to announce the availability of funding through its Real Estate Technical Assistance program to help communities address site-specific and district-wide economic development challenges. Read More>

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