December 06, 2023
CHELMSFORD, Mass. – MassDevelopment has issued a $10 million tax-exempt bond on behalf of Lighthouse School, Inc., a nonprofit serving the needs of students living with disabilities, which will use proceeds to build an approximately 22,000-square-foot building on the school’s existing campus at 25 Wellman Ave. in Chelmsford. Read More>
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
PITTSFIELD, Mass. – MassDevelopment has provided $1,430,368 in loan financing to Hot Plate Brewing Co. to fund improvements to its new location at 1 School St. in downtown Pittsfield and buy brewing equipment and fixtures. A woman- and minority-owned business, Hot Plate opened its seven-barrel brewhouse and taproom brewery in the storefront in February 2023. Read More>
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