OEDIC operates under Massachusetts General Law Chapter 121C that gives local development organizations broad authority to enter into contracts, hire consultants, receive grants, loan or borrow money, issue bonds and other financial instruments, provide advisory services and technical assistance, clear and improve properties and take property by eminent domain, contract with municipalities for infrastructure improvements, manage projects and other related tasks.
OEDIC is an intermediary between developers and planning, permitting and funding agencies. We can provide hands-on navigation of the processes required to build or expand, saving your time and money.