Who We Are

MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies.

During Fiscal Year 2023, MassDevelopment financed or managed 545 projects generating investment of more than $2 billion in the Massachusetts economy. These projects are estimated to create or support 10,522 jobs and build or preserve 1,583 housing units.

Here at, you can explore resources and opportunities for real estate development and finance, including specialty programs for Gateway Cities, brownfields, manufacturers, emerging technology companies, cultural facilities, and others. You can also read the latest news about the agency, including recent projects MassDevelopment has supported.

We invite you to reach out to our team to learn more about our programs and services, and how we might help your organization grow. Our team of real estate, finance, and economic development professionals is enthusiastic about helping your business or organization thrive in Massachusetts, and adept at developing creative solutions.

Thank you for considering MassDevelopment for your economic development needs.