UnitedIlluminating

Tag: MassDev

MassDev. Finances Sr. Housing

MassDev. Finances Sr. Housing

| September 17, 2019

Boston – MassDevelopment has issued a $10 million tax-exempt bond on behalf of Hearth Four Corners LLC, an affiliate of Hearth, Inc., a national nonprofit dedicated to eliminating elder homelessness. Hearth will use bond proceeds to buy a parcel near the Four Corners/Geneva MBTA commuter rail station in Dorchester, on which it will build and […]

Continue Reading

MassDev Issues Bond for Manufacturing Facility

| February 11, 2019

Boston – MassDevelopment has issued a $2.8 million tax-exempt bond on behalf of The duMONT Company and Hassay Savage Company, western Massachusetts-based manufacturers of precision broaching tools, and HYE Partners, LLC, a real estate entity affiliated with the two companies. HYE Partners will use bond proceeds to buy 2.87 acres of vacant land in Deerfield, […]

Continue Reading

MassDev Issues Bond For Multi-Res Project

MassDev Issues Bond For Multi-Res Project

| July 12, 2018

Boston – MassDevelopment has issued a $9.4 million tax-exempt bond on behalf of 61 Heath LLC. The bond proceeds will be used to build a 47-unit affordable multifamily rental housing facility at the site of a vacant lot in Boston’s Jamaica Plain neighborhood. 61 Heath LLC is an affiliate of Jamaica Plain Neighborhood Development Corporation […]

Continue Reading

Housing Communities to be Renovated

| July 11, 2018

Bedford, MA – MassHousing has provided a total of $22.4 million in affordable housing financing to an affiliate of Preservation of Affordable Housing (POAH) for the acquisition, rehabilitation and long-term preservation of affordability at the 96-unit Bedford Village and the 14-unit 447 Concord in Bedford. POAH plans to make extensive property renovations to both housing communities. […]

Continue Reading

Valley Steel Stamp Expands

| July 10, 2018

Greenville, MA – MassDevelopment has issued a $1.9 million bond for CJBW Stamp LLC, the real estate arm of Valley Steel Stamp, which will use bond proceeds to construct a 17,500sf building in the Greenfield Industrial Park that the company will then lease. The new building will be next to an existing 27,500sf building that […]

Continue Reading

Campaign to Transform Doyle Playground

Campaign to Transform Doyle Playground

| May 3, 2018

Boston – MassDevelopment and the Southwest Boston Community Development Corporation (SWBCDC), a nonprofit that works in Boston’s Hyde Park neighborhood, announced a new Commonwealth Places campaign, a collaborative initiative from MassDevelopment and the civic crowdfunding platform Patronicity. The SWBCDC’s campaign will help transform the underused former Doyle Playground into a new neighborhood park that will provide space […]

Continue Reading

Former Schoolhouse to Be Developed into North Village Lofts

Former Schoolhouse to Be Developed into North Village Lofts

| May 1, 2018

Worcester, MA – MassDevelopment has partnered with Main Street Bank in Marlborough to provide a $2.78 million commercial real estate mortgage loan to North Village Lofts LLC, a partnership between Worcester developers Timothy Adler and Daniel Stroe. Main Street Bank was the lead lender on the financing, and MassDevelopment contributed $1.3 million to the loan. […]

Continue Reading

Performing Arts Project Launched

| April 30, 2018

Ashfield, MA – MassDevelopment and the civic crowdfunding platform Patronicity have launched a new Commonwealth Places campaign with Double Edge Theatre for “Collaborative Imaginings,” a project to convert vacant and underused farm buildings into beautiful new spaces for the performing arts. If the campaign reaches its crowdfunding goal of $50,000 by June 8, 2018, at midnight, the project […]

Continue Reading

Tyngsborough Launches Commonwealth Places Campaign

Tyngsborough Launches Commonwealth Places Campaign

| April 25, 2018

  Tyngsborough, MA – MassDevelopment and the civic crowdfunding platform Patronicity recently launched a new Commonwealth Places campaign with the town of Tyngsborough for a walking trail and community gathering space. If the campaign reaches its crowdfunding goal of $12,500 by June 1 at midnight, the project will win a matching grant with funds from […]

Continue Reading

Women’s Organization Gets Reno Financing

Women’s Organization Gets Reno Financing

| April 11, 2018

Worcester, MA – MassDevelopment has issued an $8.2 million tax-exempt bond for Abby’s House, an organization in Worcester that provides housing, shelter, and support services to homeless and low-income women, with or without children. The organization will use bond proceeds to renovate its 53-unit single occupancy facility at 52 High Street in Worcester. The renovations […]

Continue Reading

For more info on how to submit content or advertise with High-Profile, connect with us here!

Would you like more info on how to submit content or advertise with High-Profile?

 

Connect with us here!