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Tag: MassDev

Mass Community Health Centers Improve Facilities

| March 29, 2018

Boston – MassDevelopment recently provided grants totaling $525,502 to 11 community health centers across the commonwealth through the agency’s Community Health Center Grant Program, which will help these organizations complete capital improvement projects. The program offers grants of up to $50,000 each for projects ranging from installing updated electronic health record systems and HVAC equipment […]

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Evergreen Center To Add New Group Homes, Athletic Facility

| March 28, 2018

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 […]

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MassDev Issues Bond for Austin Prep School

MassDev Issues Bond for Austin Prep School

| February 21, 2018

Reading, MA -MassDevelopment has issued a $3 million tax-exempt bond for Austin Preparatory School, a private Catholic middle and high school in Reading. The proceeds will be used to renovate and equip the school’s dining hall and kitchen facilities. Salem Five Bank purchased the bond. “The renovation of the dining hall, kitchen, and main lobby […]

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Worcester’s Fruit Server Apartments Get Renovation Financing

| February 15, 2018

Worcester, MA – MassDevelopment has issued a $15 million tax-exempt bond to The Community Builders (TCB) for Fruit Sever Apartments, a rental housing complex in Worcester. TCB will use bond proceeds to renovate Fruit Sever Apartments and add two affordable units, bringing the complex’s total to 134 units. Renovations will include upgrades to common areas, […]

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MassDev Helps Harborlight Expand Housing Options

MassDev Helps Harborlight Expand Housing Options

| December 20, 2017

Beverly, MA – MassDevelopment has issued a $3.8 million tax-exempt bond for Harborlight Community Partners, a Beverly nonprofit community development corporation. Harborlight will use bond proceeds to buy and renovate 26 studio apartments on Boston Street in Salem for Boston Street Crossing, a housing development for individuals who have experienced homelessness. Harborlight will also contract […]

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Boston Preparatory Charter School Adds Wing

Boston Preparatory Charter School Adds Wing

| December 18, 2017

Boston – MassDevelopment has issued a $12 million tax-exempt bond for Boston Preparatory Charter Public School (Boston Prep) in Boston’s Hyde Park neighborhood. The school is using proceeds to build, furnish, and equip a 32,000sf, three-story wing to expand its recently completed middle and high school and to renovate and reconfigure the main entrance of […]

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MassDev Issues Bond for Brimmer and May School Renovation

MassDev Issues Bond for Brimmer and May School Renovation

| December 14, 2017

  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, […]

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MassDev Helps Open Day Program

MassDev Helps Open Day Program

| November 8, 2017

Uxbridge, MA – MassDevelopment has issued a $1,550,000 tax-exempt bond for Venture Community Services, a nonprofit in Worcester County that provides advocacy and support to individuals with disabilities and their families. The organization used bond proceeds to renovate, furnish, and equip a day program facility at 670 Douglas Street in Uxbridge. The facility will support […]

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Commonwealth Places Campaign Launched for Public Plaza in Dorchester Neighborhood

Commonwealth Places Campaign Launched for Public Plaza in Dorchester Neighborhood

| November 7, 2017

Boston  – MassDevelopment and Greater Ashmont Main Street, a nonprofit focused on business development in Boston’s Dorchester neighborhood, recently  announced a new campaign through the civic crowdfunding platform Patronicity and the Commonwealth Places initiative. Greater Ashmont Main Street will use funds from the campaign to build a community plaza in Dorchester’s Peabody Square, which will […]

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Charter School Expands

Charter School Expands

| October 20, 2017

Fall River, MA – MassDevelopment has issued $24.5 million in tax-exempt bonds for Atlantis Charter School in Fall River. The school is using bond proceeds to build, furnish, and equip a 98,000sf, three-story building that will house classrooms, a gymnasium, administrative offices, and common areas. Atlantis Charter School is also using bond proceeds to build and equip […]

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