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MassDevelopment

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  • Stimulates business, drives economic growth, and helps communities thrive across Massachusetts
  • Tax-exempt bond financing for capital projects
  • Provides low-cost and creative financing options for a range of organizations

About

As the economic development and finance authority for the Commonwealth, MassDevelopment works to provide real estate and financing solutions that support companies and nonprofits, improve housing opportunities, eliminate blight, and drive overall economic development in Massachusetts. MassDevelopment offers a range of services including financing, technical assistance, and programs designed to spur real estate development.

Who’s it for?

All Massachusetts businesses and nonprofits

Mission

MassDevelopment is committed to achieving three goals: stimulating business, driving economic growth, and helping communities thrive across Massachusetts.

Resources & Services

Financing

MassDevelopment offers both predevelopment and permanent financing through bond financing, loans and guarantees, tax credits, and grants.

Real Estate Services

MassDevelopment oversees several initiatives to spur real estate development in the Commonwealth. These include technical assistance, development expertise, and programs aimed at site preparation, reducing blight, and improving commercial districts.

Economic Development Initiatives

The broader economic development initiatives launched by MassDevelopment include efforts to support the manufacturing and defense sectors, improve economic growth in Gateway Cities, and complete clean energy improvements.

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