“MassDevelopment has issued a $7.1 million tax-exempt bond on behalf of Greater Lawrence Community Action Council, Inc. (GLCAC), which will use proceeds to demolish its outdated existing child care center at 585 Andover St. in Lawrence and build a new two-story, 28,790-square-foot child care center in its place. The organization will construct the new child care center in the existing parking lot of the current facility, and repurpose the land where the current building lies, once it is demolished, for a playground and parking.”

“ ‘Greater Lawrence Community Action Council, Inc. is a community leader in providing individuals and families with the resources they need to live healthy and fulfilling lives,’ said MassDevelopment President and CEO Dan Rivera. ‘MassDevelopment is proud to help the organization further invest in Lawrence through the creation of a brand-new child care center that will serve nearly 60 additional children, create jobs, and support working families.’ ”

— ”$7.1M Builds Child Care Center in Lawrence: Greater Lawrence Community Action Council, Inc. Uses Tax-Exempt Bond from MassDevelopment & Eastern Bank to Build New Child Care Facility, Expand Enrollment & Create Jobs,” by Matthew Mogavero, MassDevelopment, March 2, 2022