MassDevelopment

MassDevelopment, the state’s economic development financing agency, awarded $315,175 to a developer planning to redevelop a vacant three-story building in downtown Fitchburg.

The Power 50 may not necessarily hold the most power in the region, but they are the people who most effectively wielded their power to have an outsized influence on the economy and the community within the last year.

Fitchburg has been selected as one of three cities to be included in MassDevelopment’s Transformative Development Initiative Creative Cities program, which supports arts and culture partnerships in TDI districts.

MassDevelopment, the state’s development agency, issued a $16.5-million tax-exempt bond to Attleboro autism services nonprofit Amego Inc., to buy 16 facilities, including seven in Central Massachusetts.

Developers of a former mill in Holden received a $6.1-million loan from MassDevelopment and Fidelity Bank of Leominster to redevelop the vacant building into a 28-unit residential complex.

Fitchburg State University was awarded $475,000 from MassDevelopment for its Main Street Theater Block rehabilitation project, according to a Friday press release from the school.

Red Tail Heights in Devens, a 26-acre parcel of land overlooking Red Tail Golf Club, was sold by MassDevelopment for more than $3 million in early November, according to the Worcester South District Registry of Deeds.

The Main South Transformative Development Initiative announced Monday it plans to install banners and launch a branding initiative for the low-income and culturally diverse neighborhood.

Advanced processing manufacturer Accumet Engineering, Inc., currently based in Hudson and Westford, plans to consolidate its operations in a planned 39,375 square-foot facility in Devens, using a $4.14-million tax-exempt bond from MassDevelopment.

Fay School, Inc., a private day and boarding school in Southborough, received a $45-million tax-exempt bond from MassDevelopment, according to a Tuesday press release from the state agency.