Milford, MA – MassDevelopment recently issued a $16,370,000 tax-exempt bond for Evergreen Center Inc., a community-based health and human services agency in Milford. Evergreen Center will use bond proceeds to build a 9,635sf athletic center at 345 Fortune Boulevard in Milford, to buy an existing building for use as a group home in Shrewsbury, and to refinance debt used to purchase land on which to build several group homes in Uxbridge, Mendon, and Northbridge.
Evergreen Center will also use bond proceeds to refinance previously issued debt. TD Bank purchased the bond.
“Evergreen Center provides individuals with developmental disabilities living in central Massachusetts high-quality instruction and care through daily activities and secure living environments,” said MassDevelopment President and CEO Lauren Liss. “MassDevelopment is proud to support this project, which will expand Evergreen Center’s reach with new, modern group homes and a state-of-the-art athletic facility for the agency’s clients.”
Dr. Robert Littleton Jr. founded Evergreen Center in 1982. The Center assists about 300 disabled individuals and their families every year by providing a range of essential human service programs in 22 locations throughout central and eastern Massachusetts.