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ATTLEBORO DELEGATION ANNOUNCE BOND FOR LOCAL SERVICE PROVIDER

January 13th, 2010 · 2 Comments

BOSTON, MA- State Senators Scott Brown and James Timilty and State Representative Elizabeth Poirier are pleased to announce that Attleboro Enterprises, a human services provider that offers vocational, residential, and day services to individuals with cognitive and physical challenges, has been awarded a $1,971, 200 tax-exempt bond from Mass Development. 

Attleboro Enterprises plans to use the bond to rehabilitate and expand a 12,000-square –foot commercial building that houses its vocational and day habilitation programs, which offer medical, therapeutic, and developmental supports.

Bond proceeds will also help Attleboro Enterprises refinance existing debt. These bonds are exempt from federal taxes and in certain cases state taxes. Tax-exempt bonds are usually the lowest interest rate option for real estate projects and needed equipment purchases.

Mass Development renders the necessary financial tools and real estate expertise to prompt economic growth throughout Massachusetts.


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2 responses so far ↓

  • 1 Bear // Jan 13, 2010 at 11:13 pm

    Nice to see the 2 real Republicans and one crypto Repubican in lock-step, as usual.

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