MassDevelopment has provided a $27 million financing package to High Point Treatment Center and its affiliate, Southeast Regional Network.

The financing includes $19 million in tax-exempt bonds and an $8 million New Markets Tax Credit allocation.

High Point, a nonprofit that provides comprehensive health services to individuals and families impacted by addiction, mental illness, domestic violence and homelessness, is using bond proceeds to acquire, expand and equip a facility in Brockton. The expansion will create 4,000 square feet for addiction therapy programs and primary care services.

Southeast Regional Network is using a portion of the proceeds to develop the former St. Luke’s Hospital in Middleborough into a 64,000-square-foot, 72-bed facility for psychiatric treatment. It will also provide primary care, addiction therapy and outpatient services.

RBS Citizens N.A. purchased the bonds, which will also refinance previous debt and refund a prior tax-exempt bond.

"High Point’s projects in Middleborough and Brockton are creating skilled healthcare jobs and transforming unused property in the Commonwealth into two new addiction and treatment facilities that will serve those in need in southeastern Massachusetts," MassDevelopment President and CEO Marty Jones said in a statement. "We are pleased to offer this creative financing package to High Point and Southeast Regional Network to help make an impact in our Gateway Cities and beyond."