General Info

MassDevelopment is a finance and development authority that works to stimulate economic growth in the Commonwealth of Massachusetts. The organization increases the number of housing units, as well as helps to create jobs. It serves the public, private, commercial, industrial, residential and nonprofit sectors. MassDevelopment also offers planning, permitting and development assistance services for communities and businesses. The organization manages a real estate division that operates asset management and engineering departments. In addition, it offers financing solutions in the areas of bonds, loans and guarantees. MassDevelopment administers the Brownfields Tax Credit Program, Gloucester Revolving Loan Fund and Southeast Regional Loan Fund.