Cambridge, MA – MassDevelopment has issued a $2 million tax-exempt bond on behalf of the International School of Boston Inc. (ISB), a bilingual French-American school serving students in preschool through 12th grade.
International School of Boston – Cambridge Campus
The school will use bond proceeds to upgrade and equip its campus in Cambridge. This includes making improvements to classroom and lab space, the gymnasium, playground areas, and landscape; updating electrical and plumbing systems; buying and installing new technology equipment and software; and conducting environmental remediation. Middlesex Savings Bank purchased the bond.
Founded in 1962, ISB is part of a world-wide group of accredited French Schools that teach the official program established by the French Ministry of Education, and enrolls more than 600 students representing over 40 countries.
MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth.
