MassDevelopment

Worcester artists collective El Salón and community radio station, WCUW, each received MassDevelopment Transformative Development Initiative (TDI) Creative Catalyst Grants for projects serving their communities.

MassDevelopment has loaned $2.75 million to Boston developer Cougar Capital Management to convert an abandoned mill building in Leominster into 17 market-rate apartments.

Business professionals from organizations of all types and sizes hold some amount of power, but how you shape the economy and community is when you are truly influential.

MassDevelopment issued a $22-million tax-exempt bond to help the Framingham Housing Authority to renovate Carlson Crossing West, a 68-unit affordable housing complex.

Storefronts along Pleasant Street in Worcester may soon be getting a facelift with the help of MassDevelopment’s Transformative Development Initiative.

MassDevelopment and Bay State Savings Bank of Worcester combined to provide $3.1 million in construction financing for the developers of Mission on Summer, a seven-unit redevelopment of the historic Mission Chapel on Summer Street in Worcester.

The state's economic development finance agency board has extended the contract of its president to keep the Gov. Charlie Baker appointee in place through most of Gov.-elect Maura Healey's term.

MassDevelopment made 18 grants totalling more than $1.5 million to businesses, cities, towns, and nonprofit organizations in Central Mass.

Jessica Strunkin, executive vice president at MassDevelopment and the leader of its Devens mixed-use community, has left her position, leaving the state agency to find a new de facto town manager.

MassDevelopment has promoted Ivette Olmeda to Transformative District Initiative senior fellow and will work a three-year stint in Worcester’s Pleasant Street district.