MassDevelopment arranges $12.5m in bonds

Hardwick, MA MassDevelopment closed on $12.5 million in development bonds. MassDevelopment said it closed on an $8 million tax-exempt bond for Eagle Hill School of Hardwick and a $4.56 million tax-exempt bond for Nashoba Learning Group of Westford. Eagle Hill School is a prep school that educates students with learning disabilities. It will use bond proceeds to construct a cultural center and to undertake infrastructure improvements. Nashoba Learning Group will use bond proceeds to purchase and renovate a two-story, 40,000 s/f building to serve as a school for autistic students.