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Massachusetts MassDevelopment Brownfields Loan

MassDevelopment (MassDevelopment)MA-BROWNFIELD
Max per Applicant

$500K

Maximum a single org can receive

Deadline

Rolling / No deadline

Jurisdiction

Massachusetts

About This Program

Low-interest predevelopment and site assessment loans for Massachusetts projects on contaminated (brownfield) sites. Up to $500,000 for environmental assessment and cleanup planning, enabling developers and businesses to reclaim underutilized industrial and commercial properties.

Key Requirements & Eligibility

  • 1Project must be on a brownfield/contaminated site in Massachusetts
  • 2Eligible costs: Phase I/II environmental assessments, remedial action plans
  • 3Loan up to $500,000 at below-market rates
  • 4Must demonstrate viable reuse plan (housing, commercial, industrial)
  • 5Loan converts to grant if site cleanup is completed on schedule

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Apply or Learn More

Visit the official page to review full eligibility requirements and apply.

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Applicable Industries

Real EstateConstructionManufacturing
Official Source