Massachusetts is first in innovation and education. We’re the best place to start a family or grow a business.
But the competition is fierce, and we still face challenges. So, we're going on offense.
Today, I signed our FY2025 budget. Here are some of the highlights 👇🏻
This past year, the #Brownfields Redevelopment Fund delivered $6.1M for projects that pledge to restore 157 acres of contaminated land for productive reuse, from new #housing to commercial & industrial developments.
View our annual report to learn more ➡️ https://t.co/Hoepgz36ID
“As we look to the future of our economy & the urgent need to build new housing to attract & retain our workforce, the #Brownfields Redevelopment Fund can play a crucial role."
Read more from EVP Community Development Marcos Marrero in @BankerTradesman ➡️ https://t.co/oDnS4JIRQg
🗞️ Great article about @BerkInnovation’s efforts to foster & attract businesses in #Pittsfield. We’ve been proud to support this institution & the development of the William Stanley Business Park & surrounding neighborhood over the years. #InTheBerkshires
https://t.co/bacV2YlyzR
New grant funding available for projects & programming that entail community-driven responses to community-defined economic opportunities, & that build leadership, collaboration & capacity at the local level ⤵️
Today @MassGovernor launched the #Massachusetts Community Climate Bank, the nation’s first green bank dedicated to #affordablehousing. The Climate Bank will be located within @MassHousing & run in partnership with @MassCEC & our team at MassDev.
🌎 https://t.co/oApMlh1pQX
If you know Ed Augustus, you know his motto: "How do we get to yes?"
With Ed at the helm of our new housing secretariat, we'll work together with cities and towns to say "Yes!" to more homes and lower costs.
The Underutilized Properties Program can be a catalyst for transforming blighted or vacant sites. For example, last year, we provided CT Management Group w/ a $250K grant to advance the conversion of a former #PittsfieldMA fire station into four #housing units.
The #Brownfields Redevelopment Fund helps transform environmentally challenging sites into #housing, office space, retail & more. For example, we provided the town of #NortonMA w/ $160K to assess the former Reed & Barton site for future redevelopment opportunities.
The Community One Stop for Growth is a streamlined application portal consisting of 12 community development grant programs (including #MassWorks) offered by @MassEOHED, @MA_DHCD, and @MassDev. Submit an application through the IGX System by June 2nd: https://t.co/Fmqf7yWBog.
We had lots of fun this past weekend at the first-ever #Devens Food Truck & Craft Festival. Thanks to all the attendees, musicians, & vendors who made this such a wonderful event!