1. MassDevelopment announces $12.3 million in loans for E. Henry Twiggs Estates in Springfield

    MassDevelopment announces $12.3 million in loans for E. Henry Twiggs Estates in Springfield

    MassDevelopment has issued a $12.3 million tax-exempt bond to finance the purchase and rehabilitation of 75 units of affordable housing and a community center in Springfield's Mason Square neighborhood. BH EHT I LLC, an affiliate of Better Homes Inc., is updating electrical wiring, HVAC systems and plumbing, installing new windows, doors, roofs, flooring and exterior wall insulation and making kitchen improvements, according to a press release from MassDevelopment. BH EHT I LLC will also buy and renovate a vacant commercial building at 437 Bay St. for community and office space serving the housing complex.

     
    Read Full Article

    Login to comment.

  1. Categories

    1. Industry Clusters:

      Aerospace/Defense, Business Development, Creative Economy, Education, Energy, Entrepreneurship, Financial Services, Green Region, Health Care, Information Technology, Life Sciences, Logistics, Manufacturing, Medical Devices, Paper Manufacturing, Plastics, Retail, Tourism, Transportation, Workforce
  2. Quotes

    1. The E. Henry Twiggs development builds upon the momentum of other transformative projects in this important Gateway City and will preserve much-needed housing for years to come.
    2. The E. Henry Twiggs development represents a significant investment in one of Springfield's oldest neighborhoods and the people who live there.
  3. Topics Mentioned

  4. Authors