Massachusetts Stories and Impact

State Fact Sheet

Note: the jobs totals in this fact sheet are through 2015 and they include a combination of direct, indirect, and induced FTE jobs and construction jobs. The “total investment” number refers to the total project investment (not NMTC allocation) in the state through the second quarter of 2020.

The NMTC program is a critical resource for financing federally qualified health center facility projects nationally. Without the extension of this important program, many fewer low-income patients will be able to access primary and preventive care, as well as life-saving behavioral health and substance use disorder treatment.

-Allison Coleman, Capital Link, Inc., Boston, MA Tweet This

Community Testimonials​

Allison Coleman, Capital Link, Inc., Boston, MA

The NMTC program is a critical resource for financing federally qualified health center facility projects nationally. Without the extension of this important program, many fewer low-income patients will be able to access primary and preventive care, as well as life-saving behavioral health and substance use disorder treatment.

Massachusetts NMTC Videos

Massachusetts NMTC Stories

2020
Finances the renovation and expansion of a vacant 43,515-square-foot, single-story office building on 4.31 acres, repurposed into a K-8 school. It will add a…
2013
As New England’s largest hunger relief organization, The Food Bank helps people in the area to be productive members of their communities by ensuring…
2013

Boston, MA 

Construction of a 28,000 sq. ft. community/recreational center in the Mission Park neighborhood of Boston….
2006

Lawrence, MA 

The adaptive reuse and historic rehabilitation of a former parish school meant a new home for Lawrence CommunityWorks….
2013
Financing for the construction of a community health center….
2019

Boston, MA 

The renovation of a historic building in Boston’s Mission Hill/Roxbury neighborhood, in which it has been operating for 35 years….
2018

Lawrence, MA 

The construction of a surgical addition to Lawrence General Hospital….
2020
Project financed the reconfiguration and renovation of the primary operating site of the YWCA Central Massachusetts, Inc. The YWCA has been providing services for…
2013
Family Health Center of Worcester housed its main clinical and administrative facility on three floors of the seven-story former Worcester City Hospital building. The…
2011

Worcester, MA 

This innovative financing package helped fund construction of a 95,000-square-foot wet lab at Gateway Park in Worcester, which is expected to create 40 jobs….
2018
The new construction and equipping of a $62.8M, 275,000 sq. ft. spiral welded pipe manufacturing plant in rural Paris, Texas….
2018
NMTC supports growth of Springfield leader in affordable housing, homelessness prevention, job training & financial education….
2013

Springfield, MA 

New England Public Radio (NEPR) was established in 1953 and since 1967 had been operating out of a cramped converted dormitory on the campus…
2006

Springfield, MA 

Springfield, Massachusetts has seen more than its share of hard times. The condition of the City’s finances required intervention by the state. Unemployment is…
2018

Springfield, MA 

Educare Springfield, the first Educare school in Massachusetts, serves 141 Head Start-eligible young children and their families with a full-day, year-round early education program….
2012
The Caring Health Center project was the rehabilitation and adaptive reuse of three contiguous buildings in the Smith Carriage Company Historic District of Springfield,…
2009

Springfield, MA 

In 2009, MHIC provided $19.9 million in New Markets Tax Credit financing for construction of a new, seven story, in-patient medical facility with 126…
2018
The project is a joint venture between Horizons for Homeless Children and WaterMark Development….
2017
New construction of a mixed-use building in the Roxbury neighborhood, which houses a fresh foods retailer and 32 apartments….
2005

Pittsfield, MA 

The complete restoration of a historic theater (built in 1903) that had been closed for 50 years….
2009

Pittsfield, MA 

A privately-owned company in western Massachusetts — Apex Resource Technologies — got an infusion of $5 million, giving the company the working capital needed…
2020

Northampton, MA 

NMTC financing totalling $7.24 million supported the ground up construction of a 23,000 sq. ft. cooperative grocery store known as River Valley Co-op in…
2014

Middleborough, MA 

High Point, the largest provider of addiction and mental health treatment in Massachusetts, needed funding to acquire and renovate a 60,000-square-foot facility on a…
2011
A critically needed, new community health facility and retail hub for Boston….
2017

Lynn, MA 

The Lynn Y project comprises the land acquisition and new construction of 64,000 sq. ft. state of the art recreational facility in the city…
2015
UTEC creates several new businesses to create new jobs and contribute to community revitalization in Lowell, Massachusetts….
2011
The acquisition and adaptive reuse of a historic mill complex to create a new 100,000 Federally-Qualified Health Center….
2011
Financing for Cafe UTEC, a youth education and workforce training program located in Lowell, MA….
2019

Lowell, MA 

A qualified equity investment (QEI) of $2 million by the Chase/MHIC Small QLICI Investment Fund in MHIC NE CDE II subsidiary 53 LLC to…