Recovery Zone Bond Programs
As authorized by the American Recovery and Reinvestment Act (ARRA), Massachusetts received Recovery Zone Bond allocations totaling $556,689,000 to support economic development. Learn more here.
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Governor Deval Patrick issued Executive Order 514 designating Recovery Zones in the Commonwealth and providing for the allocation of $556M in Recovery Zone Bond volume cap. View the Executive Order and map of Recovery Zones here.
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Learn about the Recovery Zone Bond Programs.
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A total of $222,676,000 in RZED bonds are available to fund public infrastructure projects in municipalities that are located within a designated Recovery Zone.
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A total of $334,013,000 in tax-exempt RZFBs are available to finance private capital projects.
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Any city or county that received an allocation of Recovery Zone Bonds through ARRA may waive its allocation to the Commonwealth of Massachusetts in full or in part.
