Boston – MassDevelopment has issued a $7 million tax-exempt bond for the Brimmer and May School, an independent day school in Chestnut Hill. The school used bond proceeds to build, furnish, and equip a 7,000sf addition that includes a new kitchen, dining area, and teaching space. Bond proceeds also helped the school renovate, furnish, and equip its existing building to provide more space for college placement and other classes. The school also used funds to make miscellaneous improvements, such as landscaping, lighting, wiring, and HVAC updates. Santander Bank, N.A. purchased the bond.
The Brimmer and May School is a co-educational, independent day school that serves pre-kindergarten through 12th grade.