Working with developers to drive growth

From predevelopment to construction to fit-up, MassDevelopment can provide financing for real estate projects at every stage.

Success Stories

Ivory Keys LLC, an affiliate of L.D. Russo, Inc.

A $6.96 million tax-exempt bond helped to transform a vacant historic mill building in Leominster’s Adams Street neighborhood into a 41-unit affordable rental-housing complex.

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The Community Builders (TCB)

TCB, in collaboration with Valley Community Development Corporation, has permitted 65 apartment units and 2,500 square feet of commercial space on two parcels. Fifty-five percent of the apartments will be affordable to households earning 60 percent of the area’s median income, and the remaining units will be affordable to households earning 120 percent of the area’s median income.

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Lawrence CommunityWorks

A $208,000 grant from the Brownfields Redevelopment Fund helped with site cleanup, including oversight of aboveground storage tank removal and lead-base paint abatement, for the Duck Mill - Union Crossing Phase II redevelopment in downtown Lawrence.

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Products and Services

Real Estate Services

Learn how our extensive real estate experience can help you with your next project.

Planning & Development

Assistance for projects that deal with environmental issues, permitting, infrastructure and more.

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Site Readiness

Preparing large-scale sites for development.

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Property Assessed Clean Energy (PACE)

Making clean energy upgrades affordable.

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Transformative Development Initiative (TDI)

Transforming Gateway Cities.

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Financing

Explore a wide range of financing tools.

Tax-Exempt Bonds for Public Infrastructure

Improvements to roadways, sidewalks, parks, and more.

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Brownfields Redevelopment Fund

Environmental site assessment and clean-up.

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Loans & Guarantees

Facility and equipment purchases, renovation, construction, and more.

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