MassDevelopment Underutilized Properties Program
Funding Amount
Up to $400,000+
Deadline
Rolling / Open
Grant Type
Foundation
Can we apply?
Check your organization against each line. Taken from the listing; confirm with the funder's guidelines.
Other requirements
- Property owners/developers with concrete redevelopment plans
- Projects in Massachusetts
Overview
Program Type: Property rehabilitation and redevelopment grant
Geographic Scope: Massachusetts (statewide program)
Overview:
State grant program for rehabilitation and redevelopment of vacant or underutilized properties. As of December 2021, 20 projects statewide were granted a total of $7.5 million from the state's nonprofit, property development finance agency.
Focus Areas:
- Rehabilitation of vacant buildings
- Redevelopment of underutilized properties
- Historic building restoration
Eligibility:
- Property owners/developers with concrete redevelopment plans
- Projects in Massachusetts
Example Award:
- Dentist Ramesh Izedian received $400,000 for rehabilitation of a vacant, three-story building at 285-299 South Main Street, Fall River
Contact Information:
- MassDevelopment
- Bristol County Economic Development Consultants can assist with applications
- Phone: (508) 324-2620
- Address: 139 South Main Street Suite 400, Fall River, MA
What Jobs for Fall River Inc actually gave
Source: IRS Form 990, 2025
- Grants in 2025
- 8
- Total given
- $73K
- Median grant
- $8,309
- Range
- $8,223–$13K
- By dollars: Massachusetts 100%. Top recipient cities: Fall River, MA; Swansea, MA.
- 0% of grants with a stated purpose were for general or operating support.
Example grants
Ta Restaurant Inc · Fall River, MA
Economic stabilization following losses due to covid
$13K
Dirty Laundry Inc · Fall River, MA
Economic stabilization following losses due to covid
$9,255
Gina's Restaurant LLC · Fall River, MA
Economic stabilization following losses due to covid
$8,924
Studio Vogue Inc · Swansea, MA
Economic stabilization following losses due to covid
$8,335
Dunny's Inc · Fall River, MA
Economic stabilization following losses due to covid
$8,283
Focus Areas & Funding Uses
Fields of Work
- Community development
- Capital
Categories
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