Massachusetts Development Agreement

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9250
• Format: Word; Rich Text

Description

Development Agreement between First Institutional Marketing, Inc. and Ichargeit.Com, Inc. regarding marketing of certain insurance, annuity and related products dated April 7, 1999. 7 pages. A Massachusetts Development Agreement is a legally binding contract entered into by the Massachusetts Department of Housing and Community Development (DCD) or Massachusetts Housing Finance Agency (MFA), and a developer or a municipality, with the goal of promoting economic development, job creation, and affordable housing initiatives within the state. This agreement serves as a comprehensive roadmap, outlining the terms, conditions, and obligations between the parties involved, ensuring that all parties are on the same page when it comes to the development project. A Massachusetts Development Agreement typically covers various aspects such as project financing, property acquisition and management, construction, affordable housing requirements, workforce development, and the overall timeline for completion. Keywords: Massachusetts Development Agreement, DCD, MFA, economic development, job creation, affordable housing, agreement, legally binding contract, municipality, developer, project financing, property acquisition and management, construction, affordable housing requirements, workforce development, timeline for completion. Different types of Massachusetts Development Agreements: 1. Affordable Housing Development Agreements: These agreements focus on the development and creation of affordable housing units within the state. They typically include provisions for funding, tax incentives, and regulations to ensure the availability of affordable housing options for low-income individuals and families. 2. Mixed-Use Development Agreements: These agreements involve the development of multi-purpose properties that include a combination of residential, commercial, and/or retail spaces. They aim to revitalize urban areas, promote economic growth, and create a vibrant community by blending diverse uses within a single development project. 3. Infrastructure Development Agreements: These agreements are centered around large-scale infrastructure projects such as transportation systems, public utilities, or public facilities. The purpose is to improve existing infrastructure or develop new infrastructure to support economic development, enhance connectivity, and ensure the efficient functioning of the region. 4. Public-Private Partnership Agreements: These agreements involve collaboration between the government and private entities to undertake development projects. The joint effort aims to leverage the resources, expertise, and funding of both parties to accomplish shared objectives, such as urban revitalization, job creation, and sustainable growth. 5. Brownfield Development Agreements: These agreements focus on the redevelopment of contaminated or underutilized properties (brownfield) to promote economic development and revitalize blighted areas. They often involve environmental remediation, financial incentives, and regulatory support to support the safe and sustainable redevelopment of brownfield sites. Keywords: Affordable Housing Development Agreements, Mixed-Use Development Agreements, Infrastructure Development Agreements, Public-Private Partnership Agreements, Brownfield Development Agreements, affordable housing units, multi-purpose properties, urban revitalization, infrastructure projects, public utilities, public facilities, transportation systems, joint effort, collaboration, government, private entities, contaminated properties, environmental remediation, financial incentives, regulatory support.

A Massachusetts Development Agreement is a legally binding contract entered into by the Massachusetts Department of Housing and Community Development (DCD) or Massachusetts Housing Finance Agency (MFA), and a developer or a municipality, with the goal of promoting economic development, job creation, and affordable housing initiatives within the state. This agreement serves as a comprehensive roadmap, outlining the terms, conditions, and obligations between the parties involved, ensuring that all parties are on the same page when it comes to the development project. A Massachusetts Development Agreement typically covers various aspects such as project financing, property acquisition and management, construction, affordable housing requirements, workforce development, and the overall timeline for completion. Keywords: Massachusetts Development Agreement, DCD, MFA, economic development, job creation, affordable housing, agreement, legally binding contract, municipality, developer, project financing, property acquisition and management, construction, affordable housing requirements, workforce development, timeline for completion. Different types of Massachusetts Development Agreements: 1. Affordable Housing Development Agreements: These agreements focus on the development and creation of affordable housing units within the state. They typically include provisions for funding, tax incentives, and regulations to ensure the availability of affordable housing options for low-income individuals and families. 2. Mixed-Use Development Agreements: These agreements involve the development of multi-purpose properties that include a combination of residential, commercial, and/or retail spaces. They aim to revitalize urban areas, promote economic growth, and create a vibrant community by blending diverse uses within a single development project. 3. Infrastructure Development Agreements: These agreements are centered around large-scale infrastructure projects such as transportation systems, public utilities, or public facilities. The purpose is to improve existing infrastructure or develop new infrastructure to support economic development, enhance connectivity, and ensure the efficient functioning of the region. 4. Public-Private Partnership Agreements: These agreements involve collaboration between the government and private entities to undertake development projects. The joint effort aims to leverage the resources, expertise, and funding of both parties to accomplish shared objectives, such as urban revitalization, job creation, and sustainable growth. 5. Brownfield Development Agreements: These agreements focus on the redevelopment of contaminated or underutilized properties (brownfield) to promote economic development and revitalize blighted areas. They often involve environmental remediation, financial incentives, and regulatory support to support the safe and sustainable redevelopment of brownfield sites. Keywords: Affordable Housing Development Agreements, Mixed-Use Development Agreements, Infrastructure Development Agreements, Public-Private Partnership Agreements, Brownfield Development Agreements, affordable housing units, multi-purpose properties, urban revitalization, infrastructure projects, public utilities, public facilities, transportation systems, joint effort, collaboration, government, private entities, contaminated properties, environmental remediation, financial incentives, regulatory support.