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Industrial Projects

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. Here is SBA Lenders List  within Lowell and Massachusetts region.
  • 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.

Specific Locations

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

  1. Renewal Community (map)
  2. Lowell Economic Opportunity Areas (map)
  3. HUBZone (map)
Contact Info

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Stephen Stowell
Administrator
(978) 446-7200 x 1443, voice
sstowell@lowellma.gov
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Kim Zunino
Assistant Administrator
(978) 446-7200 x 1444, voice
kzunino@lowellma.gov


Fax :
(978) 970-4262

Location:
JFK Civic Center
50 Arcand Drive
Lowell, MA 01852

Office Hours:
9:00 A.M.  - 5:00 P.M.,
Monday - Friday