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At MassDevelopment, we form key partnerships with banks across the state to deliver creative financing solutions for businesses and organizations across the Commonwealth.
HarborOne Bank purchased a $16 million tax-exempt bond from MassDevelopment to help Hillside School, an all-boys independent boarding and day school, build and equip two new 16-unit dormitories.
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The Village Bank purchased a $5.12 million tax-exempt bond MassDevelopment issued on behalf of the nonprofit health care provider Good Shepherd Community Care, allowing the organization to buy, renovate, and equip a new 19,000-square-foot headquarters – and double its capacity to serve.
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M&T Bank purchased $20 million in tax-exempt bonds from MassDevelopment, enabling nonprofit real estate developer CIL Realty of Massachusetts to buy, construct, and/or renovate 28 community residences throughout the Commonwealth for individuals with disabilities. In addition to creating housing for over 100 people, the project is expected to create 336 new human-service industry jobs and support 85 construction jobs.
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Explore our wide range of financing tools.
Tax-Exempt Bonds
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Brownfields Redevelopment Fund
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Emerging Technology Fund (ETF)
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Loans & Guarantees
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Loan Participations
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TechDollars
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"Middlesex Savings Bank is proud to work with the team at MassDevelopment. Their product offerings and services can help to make financing more affordable and strengthen the structural integrity of a transaction."
Deborah A. Colony, SVP Commercial Lending
Middlesex Savings Bank
