1. MassDevelopment bonds spark $11 million project at Pittsfield apartments | masslive.com

    MassDevelopment bonds spark $11 million project at Pittsfield apartments | masslive.com

    MassDevelopment has issued a $7.9 million tax-exempt bond and a $1.1 million taxable bond on behalf of Pittsfield April Lane, LLC, which will use bond proceeds to fund the acquisition and renovation of Dalton Apartments at 51 April Lane in Pittsfield.  Originally constructed in 1970, Dalton Apartments consists of 11 buildings containing 28 one-bedroom units, 44 two-bedroom units, and 28 three-bedroom units.  The new owners will renovate and preserve all 100 units as affordable to households earning no more than 60 percent of area median income. The developers plan to replace roofs, windows, furnaces, hot water tanks, kitchens ...

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