Massachusetts Data and Stories

State Fact Sheet

Map of Selected Projects in Massachusetts

Community Testimonials

DBEDC is an affordable housing developer that relies on NMTC to achieve its goals of developing and preserving affordable housing in LMI communities in Boston.

-Kimberly Lyle, Dorchester Bay Economic Development Corporation, Boston, MA

Selected Projects in Massachusetts

Apex Resource Technologies

Pittsfield,
MA
(2009)

Business Development, Manufacturing, Plastics and Chemicals

CDE(s): MHIC

Apex Resource Technologies received an infusion of $5 million, giving the company the working capital needed to expand its business and workforce.

Arts Block/Pushkin and Bank Row

Greenfield,
MA
(2009)

Adult Education, College or Vocational Training, Community, Historic Rehabilitation, Mixed-use, Restaurants and Catering, Retail and Commercial, Rural

CDE(s): MHIC

Arts Block/Pushkin and Bank Row are two projects involving the renovation of five historic, mostly vacant buildings, totaling nearly 40,000 sq. ft., clustered around the main intersection in downtown Greenfield.

EC Pigments USA

Fall River,
MA
(2008)

Business Development, Manufacturing

CDE(s): MassDevelopment

Instead of fading from the Massachusetts economy, EC Pigments USA, Inc. of Fall River used a financing package to keep its business in in Fall River.

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.

Community Action, Inc.

Haverhill,
MA
(2007)

Healthcare, Shelters and Community Food

CDE(s): MassDevelopment

NMTC financing for Community Action, Inc, a nonprofit that provides resources and opportunities for individuals, families and communities to overcome poverty.

Girls Incoporated

Lynn,
MA
(2007)

Community, Historic Rehabilitation, Mixed-use, Mixed-use and Commercial

CDE(s): MHIC

NMTC financing closed the feasibility gap to make possible the revitalization of the historic Old Lynn School and provide a new home and state-of-the-art facility for Girls Incorporated of Lynn.

2201 Washington Street

Roxbury,
MA
(2007)

Community, Mixed-use, Mixed-use and Commercial

CDE(s): MHIC

The Massachusetts Department of Transitional Assistance - a state agency that provides transitional assistance to low-income families - now occupies three floors of a NMTC financed facility.

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.

470 Main Street

Fitchburg,
MA
(2007)

Community, Historic Rehabilitation, Housing, Mixed-use, Mixed-use and Commercial

CDE(s): MHIC

Renovation of a historic 5-story building which now serves as its headquarters in the center of downtown Fitchburg.

Hot Mama’s

Springfield,
MA
(2006)

Business Development, Food Manufacturing, Manufacturing

CDE(s): MassDevelopment

NMTC financing supported the Hot Mama’s project.

Boston University Medical Campus

Boston,
MA
(2006)

Community, Healthcare, Historic Rehabilitation, Hospitals and Emergency Services

CDE(s): MassDevelopment

With $9.5 million in support from Sovereign Bank, MassDevelopment put together a $20 million financing package through its NMTC programto rehabilitate and upgrade the FGS Building, one of two buildings

Match Charter Public School

Boston,
MA
(2005)

Community, Schools

CDE(s): Capital Impact Partners

NMTC financing supported the construction of the Match Charter Public School

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