b'A manufacturer expands its facilityAs the Commonwealth of Massachusetts finance and economic development agency, to create new jobs.MassDevelopment has worked for more than 20 years to stimulate economic growth througha wide variety of programs, products, and technical assistance, such as loans, tax-exempt A developer builds new affordablebonds, grants, and real estate services. In fiscal year 2020, we financed or managed341 projects that generated investment of more than $2.69 billion in the Massachusetts housing for neighbors in need.economy. These projects are estimated to create or support 10,871 jobs and build or preserve 1,787 housing units. On the pages that follow, you can find examples of how these projectsA school renovates to better serveare creating impact in every city and town. the students of today. Yet, this was a year unlike any other. MassDevelopment recognizes the critical public health, economic, and racial justice challenges facing communities in Massachusetts and acrossEconomic development the country. Our team has rolled up their sleeves to meet this moment. By being nimble, comes in many shapes andreimagining programs, and finding new ways to support our customers, we are continuingsizes, but whatever the vision,to bring jobs, housing, investment, and hope to help communities thrive. MassDevelopment is proudto be a partner.On behalf of the agency, thank you for your partnership. We look forward to working togetherin 2021 and beyond to create economic opportunity for all. Lauren A. LissPresident and CEO, MassDevelopment3'