Learn about the Commonwealth’s temporary Emergency Assistance Intake Center in Devens. More information here.

MassDevelopment

Station Lofts, Brockton

Station Lofts, Brockton

Capstone Communities is helping revitalize downtown Brockton. The real estate development company needed financing to transform a historic industrial building near an MBTA commuter rail stop into residential loft space. MassDevelopment provided both a $1.1 million loan from the Brownfields Redevelopment Fund and a $4.8 million tax-exempt bond. This financing is helping create 25 mixed-income apartments and put Brockton on a path to prosperity. Station Lofts will preserve its historic character while serving as a catalyst for more economic development in downtown Brockton. The project is expected to create 46 construction jobs.