Boston – MassDevelopment has issued a $3.3 million tax-exempt bond to the Conservatory Lab Charter School Foundation, Inc., an affiliate of Conservatory Lab Charter School, which focuses on music and academics at its locations in Boston’s Brighton and Dorchester neighborhoods.
The school is using bond proceeds to help finance its purchase of an 11,800sf building in Dorchester that was formerly home to Dorchester Collegiate Academy Charter School. Conservatory Lab Charter School relocated its lower school from Brighton to 133 Hancock Street in Dorchester in August 2016. It will also use bond proceeds to buy furniture and equipment for its new building. Eastern Bank purchased the bond.
