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Massachusetts

State Fact Sheet

Massachusetts State Fact Sheet

Map of Selected Projects in Massachusetts

Community Testimonials

The NMTC provides critical funding to serve poor communities.

-Sean McDonnell, AHF, Boston, Massachusetts

We used NMTC to build our headquarters building in downtown Holyoke, representing the single largest building project ever in that area. It now provides 500 jobs and serves almost 20,000 residents, all of which adds to the urgent needs of this very poor community. Commercial banks were not comfortable with the potential $20,000,000 investment we needed in this distressed community. Without the NMTC program, all of our current services, including significant support to attend to the issues stemming from COVID-19, would not be as available to the Holyoke community. We are now looking at additional construction projects that will benefit from NMTCs if they continue to be available in t he next few years.

-Jay Breines, Holyoke Health Center, Holyoke, Massachusetts

Selected Projects in Massachusetts

2017

Roxbury, MA | 7th District

Bartlett Place Building B

Bank of America Local Initiatives Support Corporation
New construction of a mixed-use building in the Roxbury neighborhood, which houses a fresh foods retailer and 32 apartments….
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2005

Pittsfield, MA | 1st District

Colonial Theater

MHIC
The complete restoration of a historic theater (built in 1903) that had been closed for 50 years….
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2017

Lynn, MA | 6th District

Lynn YMCA

Bluehub Capital One MassDevelopment MHIC
The Lynn Y project comprises the land acquisition and new construction of 64,000 sq. ft. state of the art…
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2015

Lowell, MA | 3rd District

United Teen Equality Center

AI Wainwright MassDevelopment
UTEC creates several new businesses to create new jobs and contribute to community revitalization in Lowell, Massachusetts….
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2019

Lowell, MA | 3rd District

Lowell House, Inc.

MHIC
NMTC financing totaling $2,000,000 to finance the acquisition of an existing sublease and build out of space for Lowell…
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2011

Holyoke, MA | 1st District

Massachusetts Green High Performance Computing Center

AI Wainwright Building America CDE CDF Development (Cordish) MassDevelopment Urban Research Park CDE
Finaning for the Massachusetts Green High Performance Computing Center, New England’s first high performance computing center….
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Site visits to Massachusetts NMTC Projects

Richard E. Neal Complex Dedicated

Caring Health Center / Community Health Center (CHC), located at 1049 Main St., dedicated as the Richard E. Neal Complex at a dedication ceremony held on Monday, Sept. 22, 2014. CHC was just beginning construction on its Main Street location when the building was ravaged by the June 2011 tornado, causing $1.2 million in damages. U.S. Rep. Richard Neal has been instrumental in guiding fund-raising efforts, securing federal appropriations and grants to help CHC complete the project, and for championing the New Markets Tax Credit, the program that financed the bulk of the project. “Congressman Neal has completely dedicated
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Rep. Neal Attends Groundbreaking for Pittsfield YMCA

Berkshire Family YMCA in Pittsfield put shovels in the ground on November 10, 2021, to begin an $12 million overhaul of the historic site that has called North Street home for over a hundred years.
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