Success Stories
Use the filter to see our impact across the state.
![Success Story](https://www.massdevelopment.com/assets/staff/devens-operations/733-Broadway_Lowell.jpg)
52 Affordable Apartments for Lowell's Acre Neighborhood
Tremont Development Partners, LLC is using a $17 million tax-exempt bond issued by MassDevelopment...
![Success Story](https://www.massdevelopment.com/assets/success-stories/B_nai-B_rith-Housing-Rendering.jpg)
63 Affordable Apartments for Boston Seniors
B’nai B’rith Housing of New England, Inc. is using a $21,816,800 tax-exempt bond issued by...
![Success Story](https://www.massdevelopment.com/assets/success-stories/PR-Inquilinos-Boricuas.jpg)
$12M Bond for Community Space & Arts Center in Boston
MassDevelopment issued a $12 million tax-exempt bond, purchased by TD Bank, to help Inquilinos...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Wheeler_School_Seekonk.jpg)
$11M for Seekonk School Campus Addition
MassDevelopment issued an $11 million tax-exempt bond on behalf of The Wheeler School, an...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Applewild_School_Fitchburg.jpg)
$11M Expands & Upgrades Applewild Campus
Applewild School, an independent day and boarding school with campuses in Fitchburg and Devens, is...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Stow_Elderly_Housing_Corporation%2C_Stow.jpg)
Stow elderly housing project receives $48M in government financing
Stow Elderly Housing Corporation is using a $25 million tax-exempt bond issued by MassDevelopment...
![Success Story](https://www.massdevelopment.com/assets/success-stories/PR-New-England-Life-Flight.jpg)
Financing Deal Will Bolster Boston MedFlight Fleet
Boston MedFlight is using tax-exempt leases totaling $16.8 million issued by MassDevelopment to buy...
![Success Story](https://www.massdevelopment.com/assets/success-stories/PR-Mental-Health-Associaton.jpg)
Mental Health Association secures $6.5 million in financing for new Chicopee headquarters
Mental Health Association, Inc. (MHA) is using a $6.5 million tax-exempt bond from MassDevelopment...
![Success Story](https://www.massdevelopment.com/assets/success-stories/PR_Leo.jpg)
$6.9M bond allows LEO inc. to expand childcare services
MassDevelopment issued a $6.9 million tax-exempt bond, purchased by Eastern Bank, to help LEO Inc....
![Success Story](https://www.massdevelopment.com/assets/success-stories/PR_Helfritch_Brothers.jpg)
Helfrich Boiler Works to expand, create new jobs with $6.32M bond
MassDevelopment issued a $6.3 million tax-exempt bond to help Helfrich Brothers Boiler Works, Inc....
![Success Story](https://www.massdevelopment.com/assets/success-stories/PR_Marion-Apartments.jpg)
$40M Brings Affordable Housing to Brookline
Brookline Housing Authority is using a $39.9 million tax-exempt bond issued by MassDevelopment to...
![Success Story](https://www.massdevelopment.com/assets/success-stories/PR_Kingsley_Montessori.jpg)
$25M Bond Helps Kingsley Montessori School Buy Building
Kingsley Montessori School is using a $25 million tax-exempt bond issued by MassDevelopment to buy...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Great-American-Beer-Hall.jpg)
SSBCI Loan Finances Medford Beer Hall
The Great American Beer Hall, a 19,000-square-foot tap room with an outdoor space and nearly 100...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Valley-Opportunity-Council.jpg)
Bond Preserves Affordable Housing in Holyoke
The Valley Opportunity Council, through its Voces de Esperanza arm, received an $8.5 million...
![Success Story](https://www.massdevelopment.com/assets/success-stories/mass-ave-rentals.jpg)
Loan Finances 29 New Apartments in Gardner
MassDevelopment partnered with Fidelity Bank to extend a $2.94 million loan to Mass Ave Rentals. The...
![Success Story](https://www.massdevelopment.com/assets/success-stories/New-Point-Family-Housing.jpg)
Salem's New Point Housing Benefits from Bond Financing
MassDevelopment partnered with Eastern Bank to issue an $8.22 million tax-exempt bond to the North...
![Success Story](https://www.massdevelopment.com/assets/success-stories/attleboro.jpg)
City of Attleboro
The City of Attleboro expected development to occur in their Transit-Oriented Development District...
![Success Story](https://www.massdevelopment.com/assets/success-stories/medfield.jpg)
Town of Medfield
The Town of Medfield saw the potential of redeveloping the former Medfield State Hospital into a...
![Success Story](https://www.massdevelopment.com/assets/success-stories/foxborough.jpg)
Foxboro Housing Authority
The Foxboro Housing Authority (FHA) accepted a vacant parcel of state land for affordable housing...
![Success Story](https://www.massdevelopment.com/assets/success-stories/clinton.jpg)
Town of Clinton
Located alongside CSX railroad tracks, 172 Sterling Street is an 8.43-acre parcel acquired by the...
![Success Story](https://www.massdevelopment.com/assets/success-stories/montague.jpg)
Canal District of Montague
The Canal District of Montague is a narrow island between the Connecticut River and a hydro-power...
![Success Story](https://www.massdevelopment.com/assets/success-stories/lawrence.jpg)
City of Lawrence
Over time, the City of Lawrence took ownership of the Merrimac Paper Site, which consisted of...
![Success Story](https://www.massdevelopment.com/assets/success-stories/shrewsbury.jpg)
Town of Shrewsbury
The Town of Shrewsbury received Site Readiness funds to conduct survey, roadway design and...
![Success Story](https://www.massdevelopment.com/assets/success-stories/ludlow.jpg)
Ludlow Mills
Ludlow Mills is a historic mill complex that consists of 130 acres and more than fifty historic mill...
![Success Story](https://www.massdevelopment.com/assets/success-stories/the-brockton-beer-company.jpg)
PROVA! and Brockton Beer Company: From Pop-Up to Permanent
An ambitious public space activation strategy that was born from community members’ desire to have...
![Success Story](https://www.massdevelopment.com/assets/success-stories/center-space.jpg)
Center Space: From Dormancy to Dynamic Destination
One vision, a city's ambition, several financial grants, and countless community engagements...
![Success Story](https://www.massdevelopment.com/assets/success-stories/cosmic-cycles.jpg)
Springfield Fashion Week: Cosmic Cycles
Driven by a clear vision, community feedback, and local designers' talents, the Springfield TDI...
![Success Story](https://www.massdevelopment.com/assets/success-stories/developer-impact-hyannis.jpg)
Highlighting Immigrant Developer Impact in Hyannis
Produced by Felix Gomez of Lawrence’s Vessel Vision Productions and conceived of by Hyannis...
![Success Story](https://www.massdevelopment.com/assets/success-stories/440_William_M._McClellan_Highway_.jpg)
440 William M. McClellan Highway
Cargo Ventures LLC received $787,523 in financing for energy improvements to its office building at...
Voces de Esperanza, LLC
Voces de Esperanza, LLC, an affiliate of Valley Opportunity Council, used an $8.5 million tax-exempt...
![Success Story](https://www.massdevelopment.com/assets/success-stories/115-125_Essex.jpeg)
115-125 Essex Street LLC
MassDevelopment partnered with Reading Coop to provide $6.57 million in loan financing to 115-125...
![Success Story](https://www.massdevelopment.com/assets/success-stories/56_Bank_Row.jpg)
PACE Massachusetts financing for Greenfield's Bank Row
Abercrombie Greenfield, LLC received $450,000 in financing for energy improvements to its office...
![Success Story](https://www.massdevelopment.com/assets/success-stories/city_fresh.jpg)
Loan helps Boston's City Fresh Foods
MassDevelopment provided $4 million in loan financing to help City Fresh Foods buy and renovate an...
![Success Story](https://www.massdevelopment.com/assets/success-stories/accumet_engineering.jpg)
$4.1M Bond Helps Accumet Expand in Devens
With the help of a $4.1 million tax-exempt bond from MassDevelopment, Accumet Engineering was able...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Table_Talk_Lofts%2C_Worcester.jpg)
120 Washington Street
MassDevelopment issued a $19.64 million tax-exempt bond on behalf of 120 Washington Street, an...
![Success Story](https://www.massdevelopment.com/assets/success-stories/54_Union_Street_LLC%2C_Attleboro.jpg)
54 Union Street, LLC
HarborOne Bank and MassDevelopment provided $11.28 million in loan financing to 54 Union Street, LLC...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Mission_on_Summer.jpg)
Mission on Summer
MassDevelopment partnered with Bay State Savings Bank to provide over $3.1 million in loan financing...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Heading_Home.png)
Heading Home, Inc.
Heading Home, Inc. used a $5 million tax-exempt bond issued by MassDevelopment to build a new...
![Success Story](https://www.massdevelopment.com/assets/success-stories/288_Harrison_Ave%2C_Boston.jpg)
Harrison Affordable LLC
MassDevelopment issued a $25.97 million tax-exempt bond on behalf of Harrison Affordable LLC, an...
![Success Story](https://www.massdevelopment.com/assets/success-stories/New_England_Historic_Genealogical.jpg)
New England Historic Genealogical Society (NEHGS)
New England Historic Genealogical Society (NEHGS) used an $18 million tax-exempt bond issued by...
![Success Story](https://www.massdevelopment.com/assets/success-stories/Harvard_University.jpg)
Harvard University
MassDevelopment issued $207.8 million in tax-exempt Green Bonds to Harvard University to support...
![Success Story](https://www.massdevelopment.com/assets/success-stories/girls_inc.jpg)
Girls, Inc.
Girls Inc. used a $2.27 million tax-exempt bond issued by MassDevelopment to buy and renovate a...
![Success Story](https://www.massdevelopment.com/assets/success-stories/danvers-community-ymca.jpg)
Danvers Community YMCA
Danvers Community YMCA used a $4 million tax-exempt bond issued by MassDevelopment to renovate a...
![Success Story](https://www.massdevelopment.com/assets/success-stories/BMC_Exteriors_-_ambulance_bay.jpg)
Boston Medical Center (BMC)
MassDevelopment issued $232.4 million in tax-exempt Sustainability Bonds on behalf of Boston Medical...
![Success Story](https://www.massdevelopment.com/assets/success-stories/bread-of-life.jpg)
Bread of Life
Bread of Life used a $1.66 million tax-exempt bond, issued by MassDevelopment and purchased by...
![Success Story](https://www.massdevelopment.com/assets/success-stories/apollinaire-theatre-company.jpg)
Teatro Chelsea
Apollinaire Theatre Company used an $80,000 TDI Creative Catalyst Grant to hire additional staff for...
![Success Story](https://www.massdevelopment.com/assets/success-stories/bisousweet-confections.jpg)
Bisousweet Confections
Bisousweet Confections used a $1.25 million loan provided by MassDevelopment to renovate and buy...
![Success Story](https://www.massdevelopment.com/assets/success-stories/our-lady-of-the-elms.jpg)
The College of Our Lady of the Elms
Founded in 1982, the Trustees of the College of Our Lady of the Elms is a liberal arts college...
![Success Story](https://www.massdevelopment.com/assets/success-stories/fleet-machine-co.jpg)
Fleet Machine Co.
Fleet Machine Co. received a $375,000 equipment loan, enhanced with an export guarantee, from the...
![Success Story](https://www.massdevelopment.com/assets/success-stories/acacia-communications.jpg)
Acacia Communications
Acacia Communications used the ETF to meet ambitious growth projections.
![Success Story](https://www.massdevelopment.com/assets/success-stories/vyasa-analytics.jpg)
Vyasa Analytics
Vyasa Analytics used the ETF to hire staff and build out its infrastructure.
![Success Story](https://www.massdevelopment.com/assets/success-stories/dive-technologies.jpg)
Dive Technologies
Dive Technologies used the ETF to equip and staff a new facility.
![Success Story](https://www.massdevelopment.com/assets/success-stories/algorex-health.jpg)
Algorex Health
Algorex Health used the ETF to triple its head count.
![Success Story](https://www.massdevelopment.com/assets/success-stories/town-of-canton.jpg)
Town of Canton - Route 138 Corridor Study
MassDevelopment worked with the Town of Canton to develop a renewed vision for the Route 138...
![Success Story](https://www.massdevelopment.com/assets/success-stories/worcester-community-action-council.jpg)
Worcester Community Action Council
The Worcester Community Action Council (WCAC) reaches more than 75,000 clients annually with...
![Success Story](https://www.massdevelopment.com/assets/success-stories/87-washington-llc.jpg)
87 Washington LLC
MassDevelopment provided $5.6 million in loans to 87 Washington LLC for the renovation of a...
![Success Story](https://www.massdevelopment.com/assets/success-stories/first-light-diagnostics.jpg)
First Light Diagnostics
MassDevelopment provided a $2.5 million Emerging Technology Fund loan to First Light Diagnostics,...
![Success Story](https://www.massdevelopment.com/assets/success-stories/town-of-shrewsbury.jpg)
Town of Shrewsbury
MassDevelopment worked with the Town of Shrewsbury on a Town Center study focused on Beal School...
![Success Story](https://www.massdevelopment.com/assets/success-stories/town-of-barnstable.jpg)
Town of Barnstable
MassDevelopment worked with the Town of Barnstable on a redevelopment study for their...
![Success Story](https://www.massdevelopment.com/assets/success-stories/plenus-group.jpg)
Plenus Group
Plenus Group is a family-owned maker of soups, sauces, and gourmet frozen foods. When the company...
![Success Story](https://www.massdevelopment.com/assets/success-stories/benjamin-franklin-charter.jpg)
Benjamin Franklin Classical Charter Public School
Benjamin Franklin Classical Charter Public School (BFCCPS) serves a diverse student population from...
![Success Story](https://www.massdevelopment.com/assets/success-stories/atomic-roasters.jpg)
Atomic Coffee Roasters
MassDevelopment issued a $350,000 equipment loan for Atomic Coffee Roasters, a family-owned coffee...
![Success Story](https://www.massdevelopment.com/assets/success-stories/beyond-walls-2.jpg)
Beyond Walls
One vision, more than 2,500 individual crowdfunding patrons, 200-plus local volunteers, and 35...
![Success Story](https://www.massdevelopment.com/assets/success-stories/city-of-taunton.jpg)
City of Taunton
MassDevelopment worked with the City of Taunton on an urban design and financial analysis plan that...
![Success Story](https://www.massdevelopment.com/assets/success-stories/medminder-systems.jpg)
MedMinder Systems, Inc.
MassDevelopment has provided a $1.5 million Emerging Technology Fund loan to MedMinder Systems,...
![Success Story](https://www.massdevelopment.com/assets/success-stories/perkins-school.jpg)
Perkins School for the Blind
Perkins, located in Watertown, works to enrich the lives and futures of children who are visually...
![Success Story](https://www.massdevelopment.com/assets/success-stories/veritas-preparatory.jpg)
Veritas Preparatory Charter School
Veritas Preparatory Charter School in Springfield provides a rigorous college preparatory education...
![Success Story](https://www.massdevelopment.com/assets/success-stories/quiet-logistics.jpg)
Quiet Logistics
MassDevelopment has provided up to $2.5 million in term financing from the Emerging Technology Fund...
![Success Story](https://www.massdevelopment.com/assets/success-stories/biomedical-research-models.jpg)
Biomedical Research Models, Inc.
Biomedical Research Models, Inc. (BRM), located in Worcester, provides specialty contract research...
![Success Story](https://www.massdevelopment.com/assets/success-stories/fusion-optix.jpg)
Fusion Optix
MassDevelopment provided a $1.5 million Emerging Technology Fund loan to Fusion Optix, a Woburn...
![Success Story](https://www.massdevelopment.com/assets/success-stories/town-of-wareham.jpg)
Town of Wareham - Tremont Nail Factory Redevelopment Strategy
The Town of Wareham engaged MassDevelopment to create a redevelopment strategy for the historic...
![Success Story](https://www.massdevelopment.com/assets/success-stories/city-of-chicopee.jpg)
City of Chicopee - Downtown Urban Design Plan
Chicopee asked MassDevelopment for technical assistance to develop a comprehensive downtown urban...
![Success Story](https://www.massdevelopment.com/assets/success-stories/town-of-sandwich.jpg)
Town of Sandwich - Marina District Study
MassDevelopment worked with the Town of Sandwich to create a redevelopment plan for the Marina...
![Success Story](https://www.massdevelopment.com/assets/success-stories/town-of-palmer.jpg)
Town of Palmer - Village of Three Rivers Revitalization Study
The once-vibrant Three Rivers commercial center in Palmer is comprised of one- to three-story...
![Success Story](https://www.massdevelopment.com/assets/success-stories/town-of-winthrop.jpg)
Town of Winthrop - Centre Business District Master Plan
MassDevelopment real estate services staff worked with the Town of Winthrop to create a vision for...
![Success Story](https://www.massdevelopment.com/assets/success-stories/bradstreet-partners.jpg)
Bradstreet Partners, LLC
Named for Simon Bradstreet, a colonial-era governor of Massachusetts, the Bradstreet School served...
![Success Story](https://www.massdevelopment.com/assets/success-stories/little-leaf-farms.jpg)
Little Leaf Farms
MassDevelopment sold 14 acres of land in Devens and provided a $4.5 million loan to Little Leaf...
![Success Story](https://www.massdevelopment.com/assets/success-stories/dean-college.jpg)
Dean College
Founded in 1865, Dean College is a private residential college serving nearly 1,400 students. To...
![Success Story](https://www.massdevelopment.com/assets/success-stories/holyoke-medical-center.jpg)
Holyoke Medical Center
MassDevelopment provided a $10 million New Markets Tax Credit allocation and $15 million tax-exempt...
![Success Story](https://www.massdevelopment.com/assets/success-stories/myles-standish.jpg)
Myles Standish Industrial Park
A 220-acre property in Taunton, the site of a former school for the disabled, had sat vacant for...
![Success Story](https://www.massdevelopment.com/assets/success-stories/dyouville-life.jpg)
D’Youville Life & Wellness Community
D’Youville Life & Wellness Community provides affordable assisted living for seniors with...
![Success Story](https://www.massdevelopment.com/assets/success-stories/berkshire-sterile-manufacturing.jpg)
Bond Helps Berkshire Sterile Manufacturing Purchase, Renovate Lee Building
Berkshire Sterile Manufacturing (BSM) is committed to making safer drug products. The biopharma...
![Success Story](https://www.massdevelopment.com/assets/success-stories/dahlicious.jpg)
DAHlicious
DAHlicious is a yogurt manufacturer with a growing national presence. To take advantage of rising...
![Success Story](https://www.massdevelopment.com/assets/success-stories/jacquelines-gourmet-cookies.jpg)
Jacqueline's Gourmet Cookies
Jacqueline’s Gourmet Cookies provides gourmet frozen cookie and scone dough to supermarkets,...
![Success Story](https://www.massdevelopment.com/assets/success-stories/village-hill-northampton.jpg)
Village Hill Northampton
MassDevelopment continues to oversee the development of Village Hill Northampton, a 126-acre...
![Success Story](https://www.massdevelopment.com/assets/success-stories/home-for-little-wanderers.jpg)
The Home for Little Wanderers
The Home for Little Wanderers offers vital services to help vulnerable families and children. The...
![Success Story](https://www.massdevelopment.com/assets/success-stories/sturgis-charter.jpg)
Sturgis Charter Public School
The Sturgis Charter Public School is a college preparatory International Baccalaureate high school...
![Success Story](https://www.massdevelopment.com/assets/success-stories/station-lofts.jpg)
Station Lofts, Brockton
Capstone Communities is helping revitalize downtown Brockton. The real estate development company...
![Success Story](https://www.massdevelopment.com/assets/success-stories/southbridge-associates.jpg)
Southbridge Associates, LLC
Southbridge Associates owns the Southbridge Business Center and needed funds to refurbish a building...
![Success Story](https://www.massdevelopment.com/assets/success-stories/pro-pel-plastech.jpg)
Pro Pel Plastech, Inc.
Pro Pel Plastech provides recycled plastic for plastics manufacturers throughout New England. Pro...
![Success Story](https://www.massdevelopment.com/assets/success-stories/gloucester-marine-railway.jpg)
Gloucester Marine Railway
Gloucester Marine Railway is the oldest continuously operating shipyard in the country. An integral...
![Success Story](https://www.massdevelopment.com/assets/success-stories/fancypants-baking-company.jpg)
Fancypants Baking Company
Fancypants Bakery makes specialized cookies for clients like Whole Foods and SuperTarget. To take...
![Success Story](https://www.massdevelopment.com/assets/success-stories/city-place.jpg)
City Place
Jim Whitney is leading the renovation of 98 Adams Street in downtown Leominster. After working with...
![Success Story](https://www.massdevelopment.com/assets/success-stories/cumar.jpg)
Cumar
Cumar is one of New England’s leading manufacturers of fine architectural stone. The company...