$9.2 million tax-exempt bond boosts Springfield YMCA housing renovation project

A local development group has launched a $15 million housing renovation project at the YMCA building on Chestnut Street, aided by a newly announced $9.2 million tax exempt bond issued by MassDevelopment. MassDevelopment is the state’s finance and development agency that works with businesses, nonprofits, financial institutions and communities to stimulate economic growth statewide.

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