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Board of Directors of the Massachusetts Development Finance Agency
Board Information
Policy Area
Housing and Economic DevelopmentPurpose
MassDevelopment works with businesses, nonprofits, and local, state, and federal officials and agencies to strengthen the Massachusetts economy. Through these collaborations we help create jobs, increase the number of housing units, eliminate blight, and address factors limiting economic growth including transportation, energy, and infrastructure deficiencies. Offering a wide range of finance programs and real estate development services, MassDevelopment supports economic growth, development, and investment across all sectors of the Massachusetts economy: public and private; commercial, industrial, and residential; and nonprofit, including healthcare, educational, cultural, and human service providers. Our staff works in collaboration with private- and public-sector developers, businesses, and banks to identify investors and leverage public and private funds to support economic growth.Seat Restrictions
Term Limit: 0 | Term Length: 3Compensation
Expenses onlyLegal Authority
Board Members
↓↓ Sort members table by selecting table header for Member, Seat Name, Appointing Authority, or Term End Date.
| Member↓↓ | Seat Name | Appointing Authority | Term End Date |
|---|---|---|---|
| Mr. James W. Blake | Mortgage Lending | Governor | October 1, 2022 |
| James Chisholm | Seat 2 | Governor | October 1, 2021 |
| Ms. Joan C. Corey | Labor | Governor | October 1, 2021 |
| Grace Fey | Seat 1 | Governor | October 1, 2019 |
| Secretary Mike Heffernan | EXO Secretary of A&F | Ex Officio | - |
| Brian H. Kavoogian | Commercial or Industrial Credit | Governor | October 1, 2021 |
| Secretary Mike Kennealy | EXO Secretary of HED (Chair) | Ex Officio | - |
| Ms. Francesca Maltese | 1 of whom shall be experienced in planning and the redevelopment of environmentally contaminated lands | Governor | October 1, 2019 |
| Mr. Juan C. Morales | Banking/Investment Banking | Governor | October 1, 2019 |
| Mr. Christopher P. Vincze | Real Estate Development | Governor | October 1, 2018 |
| Ellen M. Zane | Health Care Facility Financing | Governor | August 7, 2023 |