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Real Estate Acquisition and Renovation

Tax Incentives & Loan Programs

  • MassDevelopment Real Estate Loans: Provide borrowers with access to up to $3 million for facility acquisition, renovation, construction, and permanent financing.
  • MassDevelopment Guarantees: Secure a portion of a private real estate loan, providing lenders with incentives to extend credit.
  • US Small Business Administration (SBA): Loan programs will provide finacing to eligible applicants.
  • Bond Financing Program: Tax Exempt Industrial Development Bonds (IDBs) available for manufacturers through MassDevelopment.
  • LDFC Industrial Improvement Loan Program: A low interest loan program for the acquisition, construction or renovation of industrial facilities containing at least 10,000 square feet. For further information contact the Lowell Development & Financial Corporation (LDFC) at (978) 459-9899.
  • LDFC Neighborhood Improvement Program: A low interest loan program for the acquisition, construction, restoration and/or renovation of commercial property that may also have a residential component. To learn more about this program please contact the Lowell Development & Financial Corporation (LDFC) at (978) 459-9899.

Specific Locations

If your project or development is located in the following regions in Lowell, you may be eligible for more opportunities.

  1. Historic District and Lowell National Park
  2. HUBZone (map)
  3. Lowell Economic Opportunity Areas (map)
  4. Renewal Community (map)