About
MassDevelopment, the state’s finance and development agency, works with businesses, nonprofits, financial institutions, and communities to stimulate economic growth across the Commonwealth. Through these collaborations we help create jobs, increase the number of housing units, revitalize urban environments, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies.During FY2018, MassDevelopment financed or managed 384 projects generating investment of more than $4.1 billion in the Massachusetts economy. These projects are estimated to create or support 10,994 jobs and build or rehabilitate 830 housing units.
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99 High Street, 11th Floor, Boston, MA 02110, US
FAQs
MassDevelopment has financed 30 deals.
MassDevelopment's most recent deal was on March 31, 2025.
MassDevelopment's largest deals include a sale of $25,000,000.00 for 26 Exeter Street, and a loan of $207,830,000.00 for 111 Western Avenue, Cambridge, Massachusetts 02139, United States.
Member since: December 2022
Deals
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FINANCED
South Boston Neighborhood Development Corporation Secures $7.76M Loan For Senior Housing Conversion
207 E Street, South Boston, MA
MACRE
Sep 15, 2026
FINANCED
Affiliate Of Elite Home Builders LLC Secures $4 Million Loan From MassDevelopment For Emerson Green Residencies
$71/SF
77 Grant Road, Grant, MA
MACRE
Aug 17, 2026
FINANCED
SCALE Lending Provides $45 Million Construction Loan To MassDevelopment For Harlem Condo Project
264 West 135th Street, West, NY
NYCRE
Jul 14, 2026
FINANCED
M&T Bank Lends $2.46M To Jazz Urbane Cafe LLC For Boston Jazz Club And Restaurant
2300 Washington Street, Roxbury, MA
MACRE
Mar 26, 2026