Massachusetts Data and Stories

State Fact Sheet

Map of Selected Projects in Massachusetts

Community Testimonials

The NMTC is an efficient and appropriately conservative use of private funds and tax credits to spur economic benefit for communities who have been disadvantage by other public policy and market forces.

-Mark S DiSalvo, Pacesetter CDE

Selected Projects in Massachusetts

Cindys Kitchen

Brockton,
MA
(2007)

Automotive, Retail, Retail and Commercial

CDE(s): MassDevelopment, Rockland Trust

Critical NMTC financing allowed the company to purchase and rehabilitate a 28,000 sq. ft. building, tripling its industrial space, and enabling Custom Blends to stay in Brockton and grow.

Hibernian Hall Project

Boston,
MA
(2004)

Historic Rehabilitation, Office, Retail, Retail and Commercial

CDE(s): MHIC

Rehab of historic building into arts and cultural center with performance space

North Star Learning Centers

New Bedford,
MA
(2023)

Daycare and Early Childhood

CDE(s): MHIC

Local nonprofit expands critical childcare and family support services in distressed urban community.

Franklin Cummings Tech

Boston,
MA
(2024)

Schools

CDE(s): Bluehub, Chase, Consortium America, Grow America, Partners for the Common Good

Expansion and modernization of technical college increases career opportunities for low-income persons through affordable workforce training and wraparound services.

ZUMIX

Boston,
MA
(2008)

Community

CDE(s): MHIC, Nuestra Comunidad Development Corporation

Transformation of the long-vacant Engine Company 40 Firehouse in East Boston into a vibrant youth arts center - a new home for ZUMIX.

New England Public Radio

Springfield,
MA
(2013)

Community, Historic Rehabilitation, Museums

CDE(s): MHIC

MHIC's NMTC investment helps finance a new home for the station on Main Street in downtown Springfield.

Beacon Cinema

Pittsfield,
MA
(2008)

Community, Historic Rehabilitation, Theaters and Performing Arts Spaces

CDE(s): MHIC

This $22.4 million project involved the conversion and expansion of the long vacant, historic Kinnell-Kresge building into a state-of-the-art movie house.

Huntington Theatre

Boston,
MA
(2021)

Theaters and Performing Arts Spaces

CDE(s): National Trust Community Investment Corporation

The redevelopment of a historic theatre that will consist of restoring the 44,000 sq. ft. 750 seat theatre and the attached West Wing that houses back of the house space

City Fresh Foods

Roxbury,
MA
(2022)

Shelters and Community Food

CDE(s): Grow America, The Community Builders

City Fresh makes and delivery healthy meals to schools, childcare centers and senior centers throughout Greater Boston. It currently produced 15,000 meals per day for a total of 3.5 million

Colonial Theater

Pittsfield,
MA
(2005)

Community, Historic Rehabilitation, Theaters and Performing Arts Spaces

CDE(s): MHIC

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

River Valley Co-op

Northampton,
MA
(2020)

Community, Grocery and Fresh Food, Retail, Retail and Commercial, Shelters and Community Food

CDE(s): Capital One, Evernorth Rural Ventures, MHIC, National Community Investment Fund

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 Easthampton, MA, a USDA designated Food

Food Bank of Western Massachusetts

Chicopee,
MA
(2022)

Shelters and Community Food

CDE(s): Evernorth Rural Ventures, Mascoma Community Development

The project consists of the acquisition of land and construction of a new 63,000 sq. ft. headquarters building with warehouse, office, training, and support spaces. The project design includes 33,000

Site visits and recent news related to Massachusetts NMTC Projects

Senator Markey (D-MA) Celebrates Pittsfield YMCA’s Completion of $12.4M Renovation

U.S. Sen. Edward Markey speaks at the YMCA celebration on Monday.

Learn more...

May-2023

Congressman McGovern (D-MA) Tours Telegram and Gazette Building Renovation

The Telegram and Gazette building hosted Worcester’s only daily newspaper for more than a century. Financing was needed to make the building usable and complete an ambitious downtown redevelopment plan.

Learn more...

Oct-2015

Educare prepares to open state-of-the-art early childhood center

February 1, 2019

Elms College Dedicates New Center For Natural And Health Sciences

November 1, 2013

Everyone Owns Boston’s New Jazz Cafe

August 2, 2022