At MassDevelopment, we form key partnerships with banks across the state to deliver creative financing solutions for businesses and organizations across the Commonwealth.
Lee Bank, Adams Community Bank, and Greylock Credit Union partnered with MassDevelopment to provide $6.5 million in loan financing on behalf of Berkshire Family YMCA, allowing the organization to renovate and expand its facility in downtown Pittsfield – and grow its child care program to serve 25 additional children.
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Haverhill Bank partnered with MassDevelopment to provide $2.9 million in loan financing, enabling Home Care Specialist, Inc. to relocate and expand operations at a new facility. The project is also expected to create additional jobs in the upcoming years.
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BankFive partnered with MassDevelopment to provide $11.9 million in loan financing to help Standard Holdings, LLC, a real estate holding entity, build and equip a 53-unit mixed-income apartment complex dubbed Residence at 850.
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Explore our wide range of financing tools.
Tax-Exempt Bonds
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Brownfields Redevelopment Fund
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Emerging Technology Fund (ETF)
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Loans & Guarantees
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Loan Participations
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TechDollars
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"Middlesex Savings Bank is proud to work with the team at MassDevelopment. Their product offerings and services can help to make financing more affordable and strengthen the structural integrity of a transaction."
Deborah A. Colony, SVP Commercial Lending
Middlesex Savings Bank
