b'Creating homesAtlantic Gardens is a multifamily affordable housing complex in Quincy. But for Eneo, its waymore than that. This is the home where my daughter was born and a great place to work, he said. As a maintenance technician for The Karsten Company, I help keep the units clean and nice for other families. When Karsten wanted to buy and renovate Atlantic Gardens, MassDevelopment issued a $6.4 million tax-exempt bond, purchased by East Boston Savings Bank, which we enhanced with a $700,000 mortgage insurance guarantee. We also assisted the Massachusetts Department of Housing and Community Developmentwith the approval of federal low-income housing tax credits, which provided approximately $2.8 million inequity for the project. MassDevelopment has long been a champion of affordable housing across the state. With this financing deal,were proud to play a role in preserving the long-term affordability of Atlantic Gardens for future families.See other ways were helping nearbyMassDevelopment provided a $1.3 million Emerging Technology Fund loan to Dive Technologies, a manufacturer located in Quincy that designs innovative underwater vehicles. The funds will be used to expand, buy equipment, and hire new staff.To help renovate its middle school, Thayer Academy in Braintree received a $40.2 million tax-exempt bond, purchased by TD Bank.The financing will help strengthen the experience of students withnew learning spaces. South Shore Property in Weymouth leases facilities for ambulatory care. The proceeds from a $37.4 million tax-exempt bond will beused to build a cancer center and serve the medical needs ofthe greater community.Children at play in the neighborhood4MassDevelopment 2020 Annual Report'