NH&RA congratulates Corcoran Jennison President Marty Jones on her appointment as the new head of MassDevelopment. Marty was awarded NH&RA Affordable Housing Vision Award in 2006. National Housing & Rehabilitation Association instituted its Annual Vision Awards in 2004 to honor affordable housing and community development leaders for their invaluable contributions and years of dedications to providing affordable apartments to American families.
MassDevelopment, the state’s finance and development agency works with businesses, financial institutions and communities to stimulate economic growth across the Commonwealth. During FY2010, MassDevelopment financed or managed 238 projects in 104 communities across the state generating investment of nearly $1.4 billion in the Massachusetts economy. Last year, the administration and legislature merged the functions of the Massachusetts Health and Education Facilities Authority into MassDevelopment, a move that has reduced headcount and is saving more than $2 million annually.