Site Readiness Program
Administered by MassDevelopment, the Site Readiness Fund aims to boost the Commonwealth’s inventory of large, well-located, project-ready sites; to accelerate private-sector investment in industrial and commercial projects; and to support the conversion of abandoned sites and obsolete facilities into clean, actively-used, tax-generating properties. In its first two years, the program has awarded approximately $3.4 million to 26 projects in almost every region of the Commonwealth.
FY19 Application Round
In October 2018, the Baker-Polito Administration announced the third round of the Site Readiness Program with $2.5 million in funding. The FY19 application round closed on December 12, 2018. A review committee will assess the likelihood of requested funding to advance a project towards site readiness and future development. Review criteria include demonstrated community support, consistency with existing zoning and plans, property attributes (developable acres, utilities available, access, workforce, etc.), marketability and the level of potential private investment and public benefits. Funding decisions are expected to be announced in March, 2019.
On February 16, 2018, the Baker-Polito Administration announced nearly $2.5 million in funding for 12 projects as part of the second round of the Site Readiness Program. The 12 grants to municipalities and development agencies will finance feasibility studies, master planning, environmental work, strategic land acquisition, and site improvements. Read the full release here
Last June, during the program's first year, the Baker-Polito Administration announced $1.8 million in Site Readiness awards to 14 projects. Read the full release here
For more information contact:
Director of Land Planning & Permitting