New Bedford State Pier RFP: Public Information & Opportunity to Comment. Learn more

Success Stories

Use the filter to see our impact across the state.

Success Story

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...

Housing
Success Story

$12M Bond for Community Space & Arts Center in Boston

MassDevelopment issued a $12 million tax-exempt bond, purchased by TD Bank, to help Inquilinos...

Nonprofits Bonds
Success Story

$11M for Seekonk School Campus Addition

MassDevelopment issued an $11 million tax-exempt bond on behalf of The Wheeler School, an...

Nonprofits Bonds
Success Story

$11M Expands & Upgrades Applewild Campus

Applewild School, an independent day and boarding school with campuses in Fitchburg and Devens, is...

Nonprofits Bonds
Success Story

Stow elderly housing project receives $48M in government financing

Stow Elderly Housing Corporation is using a $25 million tax-exempt bond issued by MassDevelopment...

Housing Bonds
Success Story

Financing Deal Will Bolster Boston MedFlight Fleet

Boston MedFlight is using tax-exempt leases totaling $16.8 million issued by MassDevelopment to buy...

Businesses Bonds
Success Story

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...

Nonprofits Bonds
Success Story

$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....

Nonprofits Bonds
Success Story

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....

Manufacturers Bonds
Success Story

$40M Brings Affordable Housing to Brookline

Brookline Housing Authority is using a $39.9 million tax-exempt bond issued by MassDevelopment to...

Housing Bonds
Success Story

$25M Bond Helps Kingsley Montessori School Buy Building

Kingsley Montessori School is using a $25 million tax-exempt bond issued by MassDevelopment to buy...

Nonprofits Bonds
Success Story

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...

Businesses Loans & Guarantees
Success Story

Bond Preserves Affordable Housing in Holyoke

The Valley Opportunity Council, through its Voces de Esperanza arm, received an $8.5 million...

Housing Bonds
Success Story

Loan Finances 29 New Apartments in Gardner

MassDevelopment partnered with Fidelity Bank to extend a $2.94 million loan to Mass Ave Rentals. The...

Developers Loans & Guarantees Planning & Predevelopment Grants
Success Story

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...

Housing Bonds
Success Story

City of Attleboro

The City of Attleboro expected development to occur in their Transit-Oriented Development District...

Municipalities Planning & Predevelopment
Success Story

Town of Medfield

The Town of Medfield saw the potential of redeveloping the former Medfield State Hospital into a...

Municipalities Planning & Predevelopment
Success Story

Foxboro Housing Authority

The Foxboro Housing Authority (FHA) accepted a vacant parcel of state land for affordable housing...

Municipalities Planning & Predevelopment
Success Story

Town of Clinton

Located alongside CSX railroad tracks, 172 Sterling Street is an 8.43-acre parcel acquired by the...

Municipalities Planning & Predevelopment
Success Story

Canal District of Montague

The Canal District of Montague is a narrow island between the Connecticut River and a hydro-power...

Municipalities Planning & Predevelopment
Success Story

City of Lawrence

Over time, the City of Lawrence took ownership of the Merrimac Paper Site, which consisted of...

Municipalities Planning & Predevelopment
Success Story

Town of Shrewsbury

The Town of Shrewsbury received Site Readiness funds to conduct survey, roadway design and...

Municipalities Planning & Predevelopment
Success Story

Ludlow Mills

Ludlow Mills is a historic mill complex that consists of 130 acres and more than fifty historic mill...

Nonprofits Planning & Predevelopment
Success Story

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...

Businesses Transformative Development Initiative
Success Story

Center Space: From Dormancy to Dynamic Destination

One vision, a city's ambition, several financial grants, and countless community engagements...

Businesses Transformative Development Initiative
Success Story

Springfield Fashion Week: Cosmic Cycles

Driven by a clear vision, community feedback, and local designers' talents, the Springfield TDI...

Businesses Transformative Development Initiative
Success Story

Highlighting Immigrant Developer Impact in Hyannis

Produced by Felix Gomez of Lawrence’s Vessel Vision Productions and conceived of by Hyannis...

Developers Transformative Development Initiative
Success Story

440 William M. McClellan Highway 

Cargo Ventures LLC received $787,523 in financing for energy improvements to its office building at...

Developers Green Finance
Success Story

Voces de Esperanza, LLC

Voces de Esperanza, LLC, an affiliate of Valley Opportunity Council, used an $8.5 million tax-exempt...

Developers Bonds
Success Story

115-125 Essex Street LLC

MassDevelopment partnered with Reading Coop to provide $6.57 million in loan financing to 115-125...

Developers Loans & Guarantees
Success Story

PACE Massachusetts financing for Greenfield's Bank Row

Abercrombie Greenfield, LLC received $450,000 in financing for energy improvements to its office...

Developers Green Finance
Success Story

Loan helps Boston's City Fresh Foods

MassDevelopment provided $4 million in loan financing to help City Fresh Foods buy and renovate an...

Businesses Loans & Guarantees
Success Story

$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...

Manufacturers Bonds
Success Story

120 Washington Street

MassDevelopment issued a $19.64 million tax-exempt bond on behalf of 120 Washington Street, an...

Housing Bonds
Success Story

54 Union Street, LLC

HarborOne Bank and MassDevelopment provided $11.28 million in loan financing to 54 Union Street, LLC...

Housing Loans & Guarantees
Success Story

Mission on Summer 

MassDevelopment partnered with Bay State Savings Bank to provide over $3.1 million in loan financing...

Housing Loans & Guarantees
Success Story

Heading Home, Inc.

Heading Home, Inc. used a $5 million tax-exempt bond issued by MassDevelopment to build a new...

Housing Bonds
Success Story

Harrison Affordable LLC

MassDevelopment issued a $25.97 million tax-exempt bond on behalf of Harrison Affordable LLC, an...

Housing Bonds
Success Story

New England Historic Genealogical Society (NEHGS) 

New England Historic Genealogical Society (NEHGS) used an $18 million tax-exempt bond issued by...

Nonprofits Bonds
Success Story

Harvard University

MassDevelopment issued $207.8 million in tax-exempt Green Bonds to Harvard University to support...

Nonprofits Bonds Green Finance
Success Story

Girls, Inc.

Girls Inc. used a $2.27 million tax-exempt bond issued by MassDevelopment to buy and renovate a...

Nonprofits Bonds Loans & Guarantees
Success Story

Danvers Community YMCA

Danvers Community YMCA used a $4 million tax-exempt bond issued by MassDevelopment to renovate a...

Nonprofits Bonds
Success Story

Boston Medical Center (BMC)

MassDevelopment issued $232.4 million in tax-exempt Sustainability Bonds on behalf of Boston Medical...

Nonprofits Green Finance
Success Story

Bread of Life

Bread of Life used a $1.66 million tax-exempt bond, issued by MassDevelopment and purchased by...

Nonprofits Bonds
Success Story

Teatro Chelsea

Apollinaire Theatre Company used an $80,000 TDI Creative Catalyst Grant to hire additional staff for...

Nonprofits Grants Transformative Development Initiative
Success Story

Bisousweet Confections

Bisousweet Confections used a $1.25 million loan provided by MassDevelopment to renovate and buy...

Manufacturers Loans & Guarantees
Success Story

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...

Nonprofits Bonds
Success Story

Fleet Machine Co.

Fleet Machine Co. received a $375,000 equipment loan, enhanced with an export guarantee, from the...

Businesses Loans & Guarantees
Success Story

Acacia Communications

Acacia Communications used the ETF to meet ambitious growth projections.

Businesses Emerging Technology Fund
Success Story

Vyasa Analytics

Vyasa Analytics used the ETF to hire staff and build out its infrastructure.

Businesses Emerging Technology Fund
Success Story

Dive Technologies

Dive Technologies used the ETF to equip and staff a new facility.

Businesses Emerging Technology Fund
Success Story

Algorex Health

Algorex Health used the ETF to triple its head count.

Businesses Emerging Technology Fund
Success Story

Town of Canton - Route 138 Corridor Study

MassDevelopment worked with the Town of Canton to develop a renewed vision for the Route 138...

Municipalities Planning & Predevelopment
Success Story

Worcester Community Action Council

The Worcester Community Action Council (WCAC) reaches more than 75,000 clients annually with...

Nonprofits Loans & Guarantees
Success Story

87 Washington LLC

MassDevelopment provided $5.6 million in loans to 87 Washington LLC for the renovation of a...

Developers Loans & Guarantees
Success Story

First Light Diagnostics

MassDevelopment provided a $2.5 million Emerging Technology Fund loan to First Light Diagnostics,...

Businesses Loans & Guarantees
Success Story

Town of Shrewsbury

MassDevelopment worked with the Town of Shrewsbury on a Town Center study focused on Beal School...

Municipalities Planning & Predevelopment
Success Story

Town of Barnstable

MassDevelopment worked with the Town of Barnstable on a redevelopment study for their...

Municipalities Planning & Predevelopment
Success Story

Plenus Group

Plenus Group is a family-owned maker of soups, sauces, and gourmet frozen foods. When the company...

Manufacturers Bonds
Success Story

Benjamin Franklin Classical Charter Public School

Benjamin Franklin Classical Charter Public School (BFCCPS) serves a diverse student population from...

Nonprofits Bonds
Success Story

Atomic Coffee Roasters

MassDevelopment issued a $350,000 equipment loan for Atomic Coffee Roasters, a family-owned coffee...

Businesses Loans & Guarantees
Success Story

Beyond Walls

One vision, more than 2,500 individual crowdfunding patrons, 200-plus local volunteers, and 35...

Municipalities Transformative Development Initiative
Success Story

City of Taunton

MassDevelopment worked with the City of Taunton on an urban design and financial analysis plan that...

Municipalities Planning & Predevelopment
Success Story

MedMinder Systems, Inc.

MassDevelopment has provided a $1.5 million Emerging Technology Fund loan to MedMinder Systems,...

Businesses Loans & Guarantees
Success Story

Perkins School for the Blind

Perkins, located in Watertown, works to enrich the lives and futures of children who are visually...

Nonprofits Bonds
Success Story

Veritas Preparatory Charter School

Veritas Preparatory Charter School in Springfield provides a rigorous college preparatory education...

Businesses Bonds
Success Story

Quiet Logistics

MassDevelopment has provided up to $2.5 million in term financing from the Emerging Technology Fund...

Businesses Loans & Guarantees
Success Story

Biomedical Research Models, Inc.

Biomedical Research Models, Inc. (BRM), located in Worcester, provides specialty contract research...

Businesses Emerging Technology Fund
Success Story

Fusion Optix

MassDevelopment provided a $1.5 million Emerging Technology Fund loan to Fusion Optix, a Woburn...

Businesses Emerging Technology Fund
Success Story

Town of Wareham - Tremont Nail Factory Redevelopment Strategy

The Town of Wareham engaged MassDevelopment to create a redevelopment strategy for the historic...

Municipalities Planning & Predevelopment
Success Story

City of Chicopee - Downtown Urban Design Plan

Chicopee asked MassDevelopment for technical assistance to develop a comprehensive downtown urban...

Municipalities Planning & Predevelopment
Success Story

Town of Sandwich - Marina District Study

MassDevelopment worked with the Town of Sandwich to create a redevelopment plan for the Marina...

Municipalities Planning & Predevelopment
Success Story

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...

Municipalities Planning & Predevelopment
Success Story

Town of Winthrop - Centre Business District Master Plan

MassDevelopment real estate services staff worked with the Town of Winthrop to create a vision for...

Municipalities Planning & Predevelopment
Success Story

Bradstreet Partners, LLC

Named for Simon Bradstreet, a colonial-era governor of Massachusetts, the Bradstreet School served...

Developers Loans & Guarantees
Success Story

Little Leaf Farms

MassDevelopment sold 14 acres of land in Devens and provided a $4.5 million loan to Little Leaf...

Businesses Loans & Guarantees
Success Story

Dean College

Founded in 1865, Dean College is a private residential college serving nearly 1,400 students. To...

Nonprofits Bonds
Success Story

Holyoke Medical Center

MassDevelopment provided a $10 million New Markets Tax Credit allocation and $15 million tax-exempt...

Nonprofits Bonds
Success Story

Myles Standish Industrial Park

A 220-acre property in Taunton, the site of a former school for the disabled, had sat vacant for...

Developers Planning & Predevelopment
Success Story

D’Youville Life & Wellness Community

D’Youville Life & Wellness Community provides affordable assisted living for seniors with...

Nonprofits Bonds
Success Story

Bond Helps Berkshire Sterile Manufacturing Purchase, Renovate Lee Building

Berkshire Sterile Manufacturing (BSM) is committed to making safer drug products. The biopharma...

Manufacturers Bonds
Success Story

DAHlicious

DAHlicious is a yogurt manufacturer with a growing national presence. To take advantage of rising...

Manufacturers Loans & Guarantees
Success Story

Jacqueline's Gourmet Cookies

Jacqueline’s Gourmet Cookies provides gourmet frozen cookie and scone dough to supermarkets,...

Manufacturers Bonds
Success Story

Village Hill Northampton

MassDevelopment continues to oversee the development of Village Hill Northampton, a 126-acre...

Housing Planning & Predevelopment
Success Story

The Home for Little Wanderers

The Home for Little Wanderers offers vital services to help vulnerable families and children. The...

Nonprofits Bonds
Success Story

Sturgis Charter Public School

The Sturgis Charter Public School is a college preparatory International Baccalaureate high school...

Businesses Bonds Loans & Guarantees
Success Story

Station Lofts, Brockton

Capstone Communities is helping revitalize downtown Brockton. The real estate development company...

Developers Loans & Guarantees
Success Story

Southbridge Associates, LLC

Southbridge Associates owns the Southbridge Business Center and needed funds to refurbish a building...

Developers Loans & Guarantees
Success Story

Pro Pel Plastech, Inc.

Pro Pel Plastech provides recycled plastic for plastics manufacturers throughout New England. Pro...

Businesses Green Finance
Success Story

Gloucester Marine Railway

Gloucester Marine Railway is the oldest continuously operating shipyard in the country. An integral...

Businesses Loans & Guarantees
Success Story

Fancypants Baking Company

Fancypants Bakery makes specialized cookies for clients like Whole Foods and SuperTarget. To take...

Businesses Loans & Guarantees
Success Story

City Place

Jim Whitney is leading the renovation of 98 Adams Street in downtown Leominster. After working with...

Developers Loans & Guarantees
Success Story

Cumar

Cumar is one of New England’s leading manufacturers of fine architectural stone. The company...

Manufacturers Bonds Loans & Guarantees