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Belmont Hill Realty Renovates Downtown Worcester Building

Success Story

Dr. Gisela Velez, principal of Belmont Hill Realty and owner of Central Mass Retina and Uveitis Center, was recently recognized as the Woman-owned Business of the Year for Massachusetts by the U.S. Small Business Administration. She is also one of the of the few fully bilingual providers in the field of ophthalmology in the state. MassDevelopment provided a $1.2 million direct loan through our State Small Business Credit Initiative, partnering with M&T Bank to ensure a total of $2.4 million in funding for the complete renovation and conversion of a building to house Dr. Velez’s new practice in downtown Worcester. The new center will feature state of-the-art equipment and additional staff to enable Dr. Velez and her team to care for patients in central Massachusetts – particularly elderly and other underserved populations who rely on Medicare, Medicaid, and MassHealth for their health insurance needs.