Massachusetts Data and Stories

State Fact Sheet

Map of Selected Projects in Massachusetts

Community Testimonials

The NMTC program creates an opportunity for nonprofit organizations to leverage capital raising activities to expand their operations and generate job growth. Expanding community resources (charter schools, boys and girls club, YMCAs, health services, etc.) not only benefits the clients and new employees at these organizations but the community at large.

-Christine Vincenti, Harborlight Homes, Beverly, MA

Selected Projects in Massachusetts

KIPP Academy Lynn Collegiate High School

Lynn,
MA
(2011)

Community, Schools, Youth and Families

CDE(s): MassDevelopment

KIPP Academy Lynn believes that engaged students are strong students, capable of attaining a college education.

The Greater Boston Food Bank

Lawrence,
MA
(2011)

Community, Energy, Infrastructure, Shelters and Community Food, Solar

CDE(s): Bluehub

NMTC financing supported the construction of The Greater Boston Food Bank

Codman Square Health Center

Dorchester,
MA
(2011)

Community, FQHCs, Healthcare, Schools

CDE(s): MHIC, Nonprofit Finance Fund

Located in Dorchester, Massachusetts, the health center built a 36,500 sq. ft. “green” LEED gold certified addition to its existing site at 637 Washington Street.

50 Prescott Street

Worcester,
MA
(2011)

Business Development, Manufacturing

CDE(s): MassDevelopment

This innovative financing package helped fund construction of a 95,000-sq. ft. wet lab at Gateway Park in Worcester, which is expected to create 40 jobs.

Mattapan Community Health Care Center

Mattapan,
MA
(2011)

Behavioral Health, Community, FQHCs, Healthcare, Retail, Retail and Commercial

CDE(s): Citibank, United Fund Advisors

A critically needed, new community health facility and retail hub for Boston.

United Teen Equality Center (Project #1)

Lowell,
MA
(2011)

Community, Schools

CDE(s): Affirmative Investments

Financing for Cafe UTEC, a youth education and workforce training program located in Lowell, MA.

Lowell Community Health Center (Phase 1)

Lowell,
MA
(2011)

Community, FQHCs, Healthcare, Historic Rehabilitation

CDE(s): Capital Impact Partners, MHIC

The acquisition and adaptive reuse of a historic mill complex to create a new 100,000 Federally-Qualified Health Center.

Thomas M. Menino YMCA

Boston,
MA
(2010)

Community, Daycare and Early Childhood, Library, Recreation, YMCAs and YWCAs, Youth and Families

CDE(s): MHIC

The historic Hyde Park YMCA officially re-opened in December 2010 after undergoing a major overhaul.

Plummer Building Rehab

Worcester,
MA
(2010)

Historic Rehabilitation, Municipal Facilities

CDE(s): MassDevelopment

Renovating old buildings and keeping neighborhoods free of crime are just two ways to improve communities.

Mt. Pleasant Home

Jamaica Plain,
MA
(2010)

Community, Healthcare

CDE(s): Capital Impact Partners, Low Income Investment Fund

NMTC financing for a Retirement home and health clinic

A.D. Makepeace Company

Wareham,
MA
(2010)

Timber and Agriculture

CDE(s): Rockland Trust

The A.D. Makepeace Company, based in Wareham, is the world’s largest cranberry grower, the largest private property owner in eastern Massachusetts, and a recognized leader in environmentally responsible real estate

Whittier Street Health Center

Boston,
MA
(2010)

Community, Fighting Cancer, FQHCs, Healthcare

CDE(s): Citibank, Enterprise Community Partners

The new construction of a six-story, 78,900 sq. ft. community health facility for the Whittier Street Health Center Committee, Inc.

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