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The Massachusetts Development Finance Agency (MassDevelopment) was created in 1998 under Chapter 23G of the Massachusetts General Laws, [1] which merged the Massachusetts Government Land Bank with the Massachusetts Industrial Finance Agency. Both a lender and developer, MassDevelopment works with businesses, nonprofits, financial institutions ...
On November 2, 2010, Massachusetts voters rejected an initiative petition (Question 2) that would have repealed Chapter 40B. The vote was 1,254,759 (58%) against repeal to 900,405 (42%) in favor of repeal. [17] The Campaign to Protect the Affordable Housing Law, a state ballot committee, had been formed to oppose the elimination of the law. The ...
In 2004, the Massachusetts legislature placed a moratorium on state assistance to the funding of public school capital expenditure projects. A prior backlog of more than 800 audits and a failure of the legislature to properly fund the former School Building Assistance Program (SBA) had led to an accumulated a debt of more than $10 billion from the SBA's operations.
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Its statutory authority was set forth in the Massachusetts General Laws chapter 121B, section 4, and amended by the Session Laws of 1960, chapter 652, section 12. The agency's redevelopment authority includes the jurisdiction to buy and sell real estate , acquire real estate through eminent domain , and grant tax concessions to encourage ...
Suffolk Construction Company was founded in 1982, by Edward Fish Sr. as an open-shop building contractor. [14] Immediately thereafter, Fish seeded Suffolk with an $80,000 loan and transferred full leadership and management to his 23-year-old son, John F. Fish, who has led the company as president and CEO since its founding.
Additionally, brokers, salesman, warehouses, planes, trains, ships, [2] ship chandlers, [3] and motor vehicles transporting alcoholic beverages in Massachusetts require licensing. The Commission also approves the granting of every retail pouring or package store license application allowed by a city or town.
Colantonio built a new public works facility in Medway, Massachusetts in partnership with Compass Project Management and Helene Karl Architects. Its expansive photovoltaic array system was designed to provide one hundred percent of the building’s energy needs and will seek zero energy certification by the International Living Future Institute.