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MassDevelopment Loans Marlborough’s Employment Options $120K

Sep 27, 2010 | Reprints | Unlock Link | Print

EmploymentOptions logo MassDevelopment provided a $120,000 loan from its new Community Service Loan Fund to Employment Options in Marlborough, a nonprofit human services agency that offers programs in workforce development, housing and family support for adults with mental illness.

The organization used the funds to install a new heating, ventilating and air conditioning system at its main office, according to a statement.

"MassDevelopment’s new loan fund for community-based nonprofits is designed to provide extra support for organizations that deliver social, youth or family services for the most vulnerable in our cities and towns," said MassDevelopment President and CEO Robert L. Culver. "Employment Options encourages and helps those with mental illness in Marlborough overcome hurdles to employment or housing. We’re pleased this low-cost financing can benefit the organization’s work with the added value of energy efficiency."

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