MassDevelopment

Mass. Doles Out $16 Million in Fed Green Funds for Eight Towns

August 25, 2011 : Mass High Tech, by Rodney H. Brown


Eight communities in Massachusetts will split $16 million in low-interest federally subsidized financing to create renewable energy and efficiency projects, according to a news release from the Massachusetts governor’s office.

Belchertown, Cohasset, Deerfield, Fairhaven, Gill, Kingston, Marshfield, and West Newbury will divvy up the $16 million, which comes from Qualified Energy Conservation Bonds, a program developed under the Energy Improvement and Extension Act of 2008 and funded by the American Recovery and Reinvestment Act of 2009. Among the projects are efforts to cut municipal energy consumption, and to fund municipal wind power and anaerobic digestion projects.

MassDevelopment, the state’s finance and development authority, issued the bonds. Both MassDevelopment President and CEO Marty Jones and Gov. Deval Patrick noted in the release that the funding would create clean energy jobs in those communities.

The projects financed are:

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