Massdevelopment

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MassDevelopment, the state’s development finance agency and land bank, works with businesses, nonprofits, banks, and communities to stimulate economic growth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies. During FY2024, MassDevelopment financed or managed 349 projects generating investment of more than $3.5 billion in the Massachusetts economy. These projects are estimated to create or support 22,426 jobs and build or preserve 1,754 housing units.
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Merger of MassDevelopment and the Mass Growth Capital Corporation Completed - Boston Real Estate Times

Merger of MassDevelopment and the Mass Growth Capital Corporation Completed Boston Real Estate Times

These Holyoke businesses awarded funding to boost economy - WWLP

These Holyoke businesses awarded funding to boost economy WWLP

Incompass Human Services issued $14 million bond by MassDevelopment - Lowell Sun

Incompass Human Services issued $14 million bond by MassDevelopment Lowell Sun

Former state revenue commissioner Navjeet Bal tapped to run MassDevelopment - The Boston Globe

Former state revenue commissioner Navjeet Bal tapped to run MassDevelopment The Boston Globe

MassDevelopment names new CEO, 7 months after Rivera's exit - The Business Journals

MassDevelopment names new CEO, 7 months after Rivera's exit The Business Journals

MassDevelopment presents $2.805m in grants to advance the rehabilitation of 34 properties in Gateway Cities - NEREJ

MassDevelopment presents $2.805m in grants to advance the rehabilitation of 34 properties in Gateway Cities NEREJ

MassDevelopment Names Haverhill’s Robertson as TDI Fellow, Serving Lowell - WHAV

MassDevelopment Names Haverhill’s Robertson as TDI Fellow, Serving Lowell WHAV

MassDevelopment, feds provide $38M to preserve 73 affordable Worcester apartments - Worcester Business Journal

MassDevelopment, feds provide $38M to preserve 73 affordable Worcester apartments Worcester Business Journal

Commonwealth Has $8 Million To Help Eliminate Blight & Expand Housing in Massachusetts Downtowns - Framingham Source

Commonwealth Has $8 Million To Help Eliminate Blight & Expand Housing in Massachusetts Downtowns Framingham Source

MassDevelopment - Massachusetts Biotechnology Council

MassDevelopment Massachusetts Biotechnology Council

Got an idea? MassDevelopment seeks proposals for 'the hole on Union Street' in New Bedford - SouthCoastToday.com

Got an idea? MassDevelopment seeks proposals for 'the hole on Union Street' in New Bedford SouthCoastToday.com

MassDevelopment Provides $37.6M in Bond Financing for Affordable Housing Conversion Project in Boston - REBusinessOnline

MassDevelopment Provides $37.6M in Bond Financing for Affordable Housing Conversion Project in Boston REBusinessOnline

MassDevelopment names new CEO - NBC Boston

MassDevelopment names new CEO NBC Boston

Uber, Lyft riders subsidize taxi, livery firms - CommonWealth Beacon

Uber, Lyft riders subsidize taxi, livery firms CommonWealth Beacon

Mass Cultural Council and MassDevelopment Award $623,000 to Four Cultural Facilities Across Massachusetts - Boston Real Estate Times

Mass Cultural Council and MassDevelopment Award $623,000 to Four Cultural Facilities Across Massachusetts Boston Real Estate Times

What happened at MassDevelopment, an agency in desperate need of cash? - The Business Journals

What happened at MassDevelopment, an agency in desperate need of cash? The Business Journals

MassDevelopment and M&T Bank deliver $16.5 million bond to Brimmer and May School - NEREJ

MassDevelopment and M&T Bank deliver $16.5 million bond to Brimmer and May School NEREJ

MassDevelopment issues $7.52m tax-exempt bond to Catalyst Housing LLC - NEREJ

MassDevelopment issues $7.52m tax-exempt bond to Catalyst Housing LLC NEREJ

Taunton Development/MassDevelopment and Rhino Capital break ground on 180,000 s/f manufacturing facility - NEREJ

Taunton Development/MassDevelopment and Rhino Capital break ground on 180,000 s/f manufacturing facility NEREJ

MassDevelopment issues $6 million tax-exempt bond for Plummer Youth Promise project - NEREJ

MassDevelopment issues $6 million tax-exempt bond for Plummer Youth Promise project NEREJ

MassDevelopment issues $8 million tax-exempt bond to Child & Family Services, Inc. - NEREJ

MassDevelopment issues $8 million tax-exempt bond to Child & Family Services, Inc. NEREJ

MassDevelopment chair Rivera resigns mid-contract - NBC Boston

MassDevelopment chair Rivera resigns mid-contract NBC Boston

Rivera gets long contract extension at MassDevelopment - CommonWealth Beacon

Rivera gets long contract extension at MassDevelopment CommonWealth Beacon

New Bedford’s New Developments Show a City on the Rise - 1420 WBSM

New Bedford’s New Developments Show a City on the Rise 1420 WBSM

MassDevelopment Issues $25 Million Bond for Kingsley Montessori School to Buy 26 Exeter Street in Boston - Boston Real Estate Times

MassDevelopment Issues $25 Million Bond for Kingsley Montessori School to Buy 26 Exeter Street in Boston Boston Real Estate Times

MassDevelopment Sells a Vacant 6.73-Acre Parcel in Devens to Jonas & Elaine Realty - Boston Real Estate Times

MassDevelopment Sells a Vacant 6.73-Acre Parcel in Devens to Jonas & Elaine Realty Boston Real Estate Times

SALMON Health and Retirement’s Chief Future Officer Joins MassDevelopment Board - Boston Real Estate Times

SALMON Health and Retirement’s Chief Future Officer Joins MassDevelopment Board Boston Real Estate Times

MassDevelopment Issues Bond to Support Mount Holyoke College Plan - BusinessWest

MassDevelopment Issues Bond to Support Mount Holyoke College Plan BusinessWest

Shared Space initiative seeks to vitalize Shirley Ave businesses - The Boston Globe

Shared Space initiative seeks to vitalize Shirley Ave businesses The Boston Globe

MassDevelopment issues $3.3m tax-exempt bond to 23 Farrar Street LLC - NEREJ

MassDevelopment issues $3.3m tax-exempt bond to 23 Farrar Street LLC NEREJ

Funds to upgrade Massachusetts in-home family child care programs announced - WWLP

Funds to upgrade Massachusetts in-home family child care programs announced WWLP

EMERGENCY BUSINESS ASSISTANCE: Planning & Economic Development - Springfield-MA.gov

EMERGENCY BUSINESS ASSISTANCE: Planning & Economic Development Springfield-MA.gov

MassDevelopment issues $151.7 million in tax-exempt bonds on behalf of affiliates of public housing authorities - NEREJ

MassDevelopment issues $151.7 million in tax-exempt bonds on behalf of affiliates of public housing authorities NEREJ

There’s a new interim CEO at MassDevelopment as Dan O’Connell leaves after five months on the job - The Boston Globe

There’s a new interim CEO at MassDevelopment as Dan O’Connell leaves after five months on the job The Boston Globe

MassDevelopment issues a $6.4 million tax-exempt bond - NEREJ

MassDevelopment issues a $6.4 million tax-exempt bond NEREJ

Massachusetts - ChiefExecutive.net

Massachusetts ChiefExecutive.net

New Bedford native to return to develop housing at the former Keystone property - SouthCoastToday.com

New Bedford native to return to develop housing at the former Keystone property SouthCoastToday.com

In a little office, big dreams for downtown Fall River - SouthCoastToday.com

In a little office, big dreams for downtown Fall River SouthCoastToday.com

Pittsfield 'Shines' With 8 New Murals Through MassDevelopment Partnership - iBerkshires.com

Pittsfield 'Shines' With 8 New Murals Through MassDevelopment Partnership iBerkshires.com

MassDevelopment adds three years to Dan Rivera’s contract - Sentinel and Enterprise

MassDevelopment adds three years to Dan Rivera’s contract Sentinel and Enterprise

MassDevelopment chief Dan Rivera abruptly resigns after 3 years - The Boston Globe

MassDevelopment chief Dan Rivera abruptly resigns after 3 years The Boston Globe

Uber, Lyft riders subsidize taxi, livery firms - CommonWealth Beacon

Uber, Lyft riders subsidize taxi, livery firms CommonWealth Beacon

MassDevelopment Names Lauren Liss as President and CEO - Boston Real Estate Times

MassDevelopment Names Lauren Liss as President and CEO Boston Real Estate Times

MassDevelopment board ousts CEO Marty Jones - The Business Journals

MassDevelopment board ousts CEO Marty Jones The Business Journals

Lawrence Mayor Dan Rivera to lead MassDevelopment - Boston Herald

Lawrence Mayor Dan Rivera to lead MassDevelopment Boston Herald

Brandeis University to Use $20 Million MassDevelopment Bond for Campus Improvements - Boston Real Estate Times

Brandeis University to Use $20 Million MassDevelopment Bond for Campus Improvements Boston Real Estate Times

MassDevelopment Completes Ground Lease Sale of 100 Cambridge St. in Boston for $280M - REBusinessOnline

MassDevelopment Completes Ground Lease Sale of 100 Cambridge St. in Boston for $280M REBusinessOnline

‘A living wild piece of artwork’ - Wicked Local

‘A living wild piece of artwork’ Wicked Local

MassDevelopment readies Springfield's former Skyplex for new restaurants - MassLive

MassDevelopment readies Springfield's former Skyplex for new restaurants MassLive

Former MassDevelopment head Dan Rivera appointed interim director of CBA - Lowell Sun

Former MassDevelopment head Dan Rivera appointed interim director of CBA Lowell Sun

Manufacturer buys building - Worcester Telegram

Manufacturer buys building Worcester Telegram

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