A proposed senior housing development in Devens called Shirley Commons has received a rental housing award from the Baker-Polito administration, allowing it to move forward with construction in spring of 2019.
Redevelopment visions in Chelsea, Fitchburg, Lawrence and Worcester will be advanced with the aid of four point people introduced Tuesday by the state’s economic development agency.
A MassDevelopment tax-exempt bond of $25.45 million will assist KIPP Lynn Fund Inc. in the purchase and renovation of an industrial office building in Lynn.
MassDevelopment has partnered with The Cooperative Bank of Cape Cod to provide Outer Cape Health Services Inc. (OCHS), a federally qualified Cape Cod community health center, with loan financing to renovate a Harwich Port building into a state-of-the-art health care facility.
Lexvest Chapel LLC’s original loan has been supplemented by $1.45 million in additional funding from MassDevelopment.
MassDevelopment has provided a $895,000 loan to 138 Cross Street LLC, who will use the loan to purchase and covert a building in Lowell to an affordable rental housing facility.
South 10 LLC, an affiliate of Related Beal, has received a $7.8 million tax-exempt bond from MassDevelopment.
Sarah Barnat’s career in real estate development has spanned projects in two of Boston’s fastest-changing neighborhoods, South End and East Boston, as a project manager for Trinity Financial and National Development.
MassDevelopment has issued a $4.75 million tax-exempt bond for Derby Academy, a private school in Hingham.
MassDevelopment has issued a $9.4 million tax-exempt bond on behalf of 61 Heath LLC, which will use bond proceeds to build a 47-unit affordable multifamily rental housing facility at the site of a vacant lot in Boston’s Jamaica Plain neighborhood.
The bond will give Pipefitters the ability to build 70,000 square feet of space in Dorchester for training and office purposes.
The Baker-Polito administration and MassDevelopment will award $2.155 million for the third round of Collaborative Workspace Program grants. The funds are meant to support local infrastructure that helps create new businesses, jobs and entrepreneurial activity.
MassDevelopment has issued a $25 million tax-exempt bond for Stonehill College in Easton.
Community Charter School of Cambridge will use MassDevelopment bond proceeds to purchase land and three buildings in Kendall Square.
MassDevelopment has issued a $3.448 million tax-exempt bond on behalf of Harbor Lafayette Homes Limited Partnership in Salem.
Pittsfield-based Berkshire Healthcare Systems will buy an East Longmeadow property and build a 131-bed skilled nursing facility, thanks to a $28 million tax-exempt bond from MassDevelopment.
MassDevelopment will provide up to $287,000 in funding for nine projects through its real estate services program. The funds will support a range of projects, from feasibility studies to master planning efforts.
MassDevelopment has issued a $109 million tax-exempt bond for UMass Memorial Health Care, the largest health care system in central Massachusetts.
MassDevelopment has issued a $3.5 million tax-exempt bond for the Austen Riggs Center, a psychiatric hospital and residential treatment center in Stockbridge.
New England Life Flight Inc. received a $29.34 million tax-exempt lease from MassDevelopment.