GENERAL ELECTRIC

BOSTON, MASSACHUSETTS
...an ecosystem thats forward-looking

December 1, 2015

A TALENTED CITY

BOSTON, MASSACHUSETTS HIGHLIGHTS

Boston is a world-renowned center for

education and has one of the most highlyeducated populations in the country.

The cost of living and doing business in

Boston compares well to other cities:

The Tax Foundations 2016 State Business

Tax Climate estimate ranks Massachusetts
as 25th across all states. This measure
takes corporate, individual, sales, and
unemployment insurance taxes into
consideration.

According to KPMGs Total Tax Index

Boston ranks in the top-fifth of 107
international cities with the lowest
relative tax burdens.*

According to PWCs Cost of Living Index,

the Boston Metro Area has a lower cost
of living than 16 other US metro areas.

2015 lease rates for Bostons Class A

Office space range from $52 to $68 per
square foot.

Commercial industrial property tax is

$29.52 per thousand dollars of value,
and residential rates are $12.11 per
thousand dollars.

The state personal income tax is 5.15%,

and sales tax is 6.25%.

A YOUTHFUL CITY

1 in 3 Boston residents are young adults

between the ages of 20 and 34.

Boston prides itself on attracting and

retaining students and young adults, and
leads the nation in the percentage of its
population that is between the ages of
20 and 34.

Charlie Baker
Governor
Commonwealth of Massachusetts

The Commonwealth of Massachusetts and the

City of Boston strongly believe that Boston,
Massachusetts offers the thriving, healthy, and
innovative ecosystem that General Electric is
seeking in order to grow and succeed.
Building on its rich history of first discoveries,
Bostons community of government,
academia, and the private sector create new
ideas each and every day. Bostons cultural
charm is equally matched by a vibrant
economy, outpacing the nations annual
job growth between 2010 and 2014. The
city is also home to a highly educated and
diverse workforce, offering General Electric a
talented pipeline from over 55 colleges and
universities within the Greater Boston
region and creativity from the 20 to 34 year
GENERAL ELECTRIC

| INTRODUCTION

Martin J. Walsh
Mayor
City of Boston

old demographic, representing a third of the

citys population.
General Electric would join Bostons vibrant
business community, a strong workforce, and
state and local government in developing
new ideas to meet the demands of the future.
Boston is a welcoming city for business
growth and development, an ideal place for
General Electric employees to work and for
General Electrics employees and families to
live, learn, and enjoy.

The City established the Mayors ONEin3

Council to give residents ages 20-34 a
greater voice in shaping the present and
future of the city.

A GROWING ECONOMY

Bostons economy grew by 3.7% between

2012 to 2013, surpassing that U.S. GDP
growth of 2.2%. During the same time
period, Boston added over 12,000 new jobs.

*To KMPGs Competitive Alternatives Special Report Focus

on Tax, 2014

Upon choosing Boston, General Electric

would become a part of a dynamic network
of business leaders, entrepreneurs, start-ups,
academics, researchers, and thought leaders
actively contributing to Boston as a worldclass innovation hub.
GENERAL ELECTRIC

| INTRODUCTION

WORK, LIVE, PLAY,

& INNOVATE
The City of Boston and Commonwealth of Massachusetts are excellent places to work, live,
learn, play, and innovate.

WORK, LIVE, PLAY, & INNOVATE

WORK

INNOVATE

Record job levels, national and interna-

World class talent with the highest

concentration of higher education
institutions, hospitals, medical research
centers, and technology enhance a culture of
innovation and entrepreneurship:

tional leadership in high growth sectors,

a culture of innovation and entrepreneurship, strong anchor industries, a highly
functioning ecosystem, and ample connections to the world.
LIVE

Vibrant neighborhoods in Boston and

surrounding communities, #1 in K-12
public education, top private high
schools and universities, world class
health care, and great culture.
PLAY

Plentiful museums, theatres, history,

sports, concerts, beaches, shopping,
restaurants, hiking trails, festivals,
and more.

Half of all Nobel Prize winners in

the United States were educated in
Massachusetts.

#1 in bachelors degrees, at 38.2%.

#1 state in advanced degrees, at 16.8%
of the over 25 population; 19% of metroBoston.

#1 state in 4th grade math and reading,

and #2 in 4th grade writing scores.

#1 state in 8th grade math, #1 in 8th

grade reading, and #3 in 8th grade
writing scores.

#1 state in K-12 achievement by

Education Week.

#2 in the world in science achievement

among 8th graders.

GENERAL ELECTRIC | INTRODUCTION

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WATERFRONT

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Parcels
D2/D3

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Convention
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6 Tide Street (BMIP)

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City Hall

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| TRANSPORTATION

Piers
Park

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GENERAL ELECTRIC

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Boston
Common

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LOGAN
INTERNATIONAL
AIRPORT

ABOUT BOSTON HARBOR WATER TRANSPORTATION

Water transportation is a key component of

Bostons multi-modal transportation network, enhancing access to the citys waterfront districts and coastal communities.
Currently, there are more than 25 water
taxi stops in Boston Harbor and major ferry
hubs including the Long Wharf and Rowes
Wharf in the Downtown Waterfront District,
Charlestown Navy Yard, Logan International Airport, and Fan Pier Cove in the South
Boston Waterfront. Over 4,500 commuters
utilize the water transportation daily, with
an additional 30,000 utilizing the water taxi
system throughout the year.

NORTH
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GOV'T
CENTER

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There is the potential for General Electric to

partner and benefit from a grant from the
Federal Highway Administration Ferry Boat
Program Discretionary Grant to expand the
vessel fleet by purchasing two inner harbor
ferries to further link the Downtown, East
Boston, Charlestown and South Boston Waterfront Districts, as well as Logan International Airport. The grant amount is for $1.28
million with a 20% match, $320,000 for a total anticipated vessel purchase price of $1.6
million. The City is seeking another public
entity to administer the grant funds, issue a
RFP, and manage vessel procurement.

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BEACON
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Initial review confirms helipad accessibility

for each site highlighted in this booklet.

EAST BOSTON

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FEDERAL HIGHWAY ADMINISTRATION FERRY BOAT

PROGRAM DISCRETIONARY GRANT

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HELIPAD

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TD Garden
NORTH
STATION

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The South Boston Waterfront and Innovation District, in particular, has robust water transportation infrastructure in place
with further potential to expand service.
Currently there are water transportation
docks in place at Fan Pier, Fan Pier Cove,
Pier 4, Liberty Wharf, and a new ferry
terminal is designed for the World Trade
Center at Commonwealth Pier.

A hanger will be available at Hanscom Air

Force Base to accommodate six airplanes
for General Electric to fly to and from Logan
International Airport; there is a possibility for
space to become available at Boston Logan
Airport. Both Hanscom Air Force Base and
Boston Logan Airport are operated by Massport.

ge

The Massachusetts Department of

Transportation plans to construct a new
ferry terminal within Fort Point Channel,
in proximity to South Station,to link this
major multi-modal transit hub to the
water transportation system.

HANGER

ton
ing

A new ferry terminal dock at Lovejoy

Wharf in Downtown to provide direct
ferry access from the North Station
transportation hub to the South Boston
Waterfront at Fan Pier Cove. This project
is planned for 2016.

ash
NW

St

Sites included in this proposal will offer

General Electric signage on properties.

E
Surrounding Bostons 400 year old downtown peninsula is one of the most extraordinary
concentrations of innovation, business, recreation, and transportation in all of North America.
Bostons downtown boasts an incredible proximity to Logan Airportnonstop flights to 53
international and 76 domestic destinations are never
Su more than 16 minutes away.
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E Street

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New water transportation infrastructure is

being added to improve the system. Planned
infrastructure improvements include:

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SIGNAGE

YOUR HEADQUARTERS

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INFRASTRUCTURE IMPROVEMENTS UNDERWAY

TRANSPORTATION &
INFRASTRUCTURE INCENTIVES

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GENERAL ELECTRIC

| LOCATION MAP

FORMER BPS HEADQUARTERS

26 COURT STREET

EXISTING BUILDING
FOR RENOVATION

| DOWNTOWN

MASSDOT BUILDING
185 KNEELAND STREET

The 11 story building is roughly 160,000 square feet and centrally located with proximity to the
financial district and Massachusetts State House. One of the most historic buildings in Downtown
Boston, 26 Court Street is believed to be the oldest plot of land continuously owned by the City of
Boston. The building has served Boston as a jail, court house, and most recently was home to the
headquarters of Boston Public Schools.

HELIPAD

EXISTING BUILDING
FOR RENOVATION

| DOWNTOWN

This location is within walking distance to four MBTA lines, including the South Station Intermodal
Center with connections to Logan Airport via the Silver Line. It is also minutes from the Mass
Turnpike (route 90) and the primary north-south artery through Boston, the Southeast Expressway
(route 93), as well as the Ted Williams tunnel to Logan Airport. The site is 3 parcels totaling 5.8
acres, with an existing 104,000 square foot office building for renovation.

HELIPAD

To be determined

Eligible

PROXIMITY TO LOGAN

PROXIMITY TO LOGAN

2.4 miles

3.0 miles

08 minutes by car

05 minutes by car

20 minutes by transit

23 minutes by transit

OWNERSHIP

OWNERSHIP

City of Boston

MassDOT

Possible office space available for high tech

and IT infrastructure jobs and new location
for innovation lab.

CENTER

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Common

Faneuil Hall
Quincy Market

Former BPS HQ
(26 Court Street)

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BEACON
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Boston
City Hall

Columbus
Park

FINANCIAL

Long Wharf
NE Aquarium

Possible new headquarters in a highly

visible location.

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At

Boylston St

CHINATOWN
Tufts
Medical
Center

Knee
land
St

SOUTH
STATION

MassDOT
Building

Se
ap
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FORT POINT
DISTRICT

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World Trad

| SOUTH BOSTON WATERFRONT DISTRICT

6 TIDE STREET

The Project Site is strategically located within the South Boston Waterfront District, occupying two
of the four corners at the intersection of Summer Street and D Street. Summer Street is the major
east-west street in the District, providing a direct connection to downtown Boston. D Street is the
major north-south street, linking the waterfront to the traditional South Boston neighborhood. The
Project Site consists of approximately 4.9 acres on two separate parcels owned by Massport.

HELIPAD

VACANT LAND
FOR DEVELOPMENT

| SOUTH BOSTON WATERFRONT DISTRICT

This project is located in the South Boston Waterfront District, nestled between Bostons
transportation gateways, abutting historic Boston Harbor, adjacent to Logan International Airport,
and at the nexus of two major interstate highways. This proposed site operated by the Economic
Development Industrial Corporation (EDIC) of Boston calls for the construction of a 355,000 square
foot development in the Boston Marine Industrial Park.

HELIPAD

Eligible

Eligible

PROXIMITY TO LOGAN

PROXIMITY TO LOGAN

2.8 miles

3.1 miles

11 minutes by car

10 minutes by car

15 minutes by transit

22 minutes by transit

PROXIMITY TO FERRY ACCESS

PROXIMITY TO FERRY ACCESS

Existing water taxi dock at Liberty Wharf

(0.35 mi.), Pier 4 water taxi (0.33 mi.), Fan Pier
Cove ferry terminal (0.4 mi.)

Existing water taxi dock at

Liberty Wharf (0.36 mi.)

PERMITTING PHASE

This site has been approved by the BRA

for construction

This site benefits from a streamlined permitting process managed by Massport

PERMITTING PHASE

OWNERSHIP

EDIC

OWNERSHIP

MassPort

M a ss

Parcel H

Parcels
D2/D3

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tHa
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Parcels
D2/D3

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Boston
Convention

6 Tide Street

World Trade
Center Ave

or

Parcel H
D

World Trade
Center Ave

Parcel A-2

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Parcel A-2

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SUMMER STREET & D STREET

6 TIDE STREET

VACANT LAND
FOR DEVELOPMENT

D-2 & D-3

M a ss

6 Tide Street (BMIP)

PARCEL H

VACANT LAND
FOR DEVELOPMENT

| SOUTH BOSTON WATERFRONT DISTRICT

CONGRESS STREET

Located in the heart of the innovation district, this is a 1.2 acre site with terrific transit access.
Adjacent to the MBTA Silver line and a short walk to South Station directly accesses the airport and
greater Boston in a matter of minutes. For commuters, there is available parking in the planned Air
Rights Garage adjacent to A2 with a possible direct pedestrian connection.

| SOUTH BOSTON WATERFRONT DISTRICT

Similar to A2, this 1.8 acre sites location in the South Boston Waterfront District delivers great
access and amenities. It is also adjacent to the MBTA Silver line with the potential for on-site
structured parking.

HELIPAD

HELIPAD

Eligible

Eligible

PROXIMITY TO LOGAN

PROXIMITY TO LOGAN

2.6 miles

2.6 miles

08 minutes by car

08 minutes by car

15 minutes by transit

16 minutes by transit

PROXIMITY TO FERRY ACCESS

PROXIMITY TO FERRY ACCESS

Existing water taxi dock at Liberty Wharf

(0.3 mi.), Pier 4 water taxi (0.3 mi.), Fan Pier
Cove ferry terminal (0.35 mi.)

Existing water taxi dock at Liberty Wharf

(0.3 mi.), Pier 4 water taxi (0.3 mi.), Fan Pier
Cove ferry terminal (0.35 mi.)

OWNERSHIP

OWNERSHIP

Massport

Massport

um
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Parcel A-2

Ma

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Parcel H
D

6 Tide S

Boston
Convention

Parcels
D2/D3

tHa
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Rd
tHa
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Parcels

or

Boston

Parcel A-2

World Trade
Center Ave

Parcel H
D

World Trade
Center Ave

St

Rd

Center

DISTRICT

Su
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S

or

CONGRESS STREET & WORLD TRADE CENTER AVENUE

VACANT LAND
FOR DEVELOPMENT

St

A2

M a ss

6 Tide Stre

WORLD TRADE CENTER AVE

MASSPORT HAUL ROAD & WORLD TRADE CENTER AVENUE

VACANT LAND
FOR DEVELOPMENT

| SOUTH BOSTON WATERFRONT DISTRICT

D STREET & E STREET

D STREET & E STREET

Located in the South Boston Waterfront District, this site has the capacity for a 150,000 square foot
office building with parking provided in the adjacent Massport Air Rights Garage. The site is also
adjacent to the MBTA Silver line station.

| SOUTH BOSTON WATERFRONT DISTRICT

Both sites are located in close proximity to the Boston Convention & Exhibition Center (BCEC).
The parcel on D Street is approximately 163,000 square feet and can accommodate a building up
to 75 feet in height, about 6 stories, and a footprint of 122,000 square feet. It is under a mile to
MBTA transit access, next to Element Hotel, and across the street from the BCEC and Lawn on D.
The parcel on E Street can accommodate a 600,000 square foot building, of up to 10 stories, and a
footprint of up to approximately 80,000 square feet. This site is also less than a mile to MBTA transit
access, and is across from the new Aloft Hotel, one block from the BCEC and the Westin hotels.

HELIPAD

HELIPAD

Eligible

Eligible

PROXIMITY TO LOGAN

PROXIMITY TO LOGAN

2.6 miles

3.0 miles

08 minutes by car

10 minutes by car

15 minutes by transit

22 minutes by transit

PROXIMITY TO FERRY ACCESS

PROXIMITY TO FERRY ACCESS

Existing water taxi dock at Liberty Wharf

(0.35 mi.), Pier 4 water taxi (0.33 mi.), Fan Pier
Cove ferry terminal (0.4 mi.)

Existing water taxi dock at Liberty Wharf

(0.3 mi.), Pier 4 water taxi (0.3 mi.), Fan Pier
Cove ferry terminal (0.35 mi.)

OWNERSHIP

OWNERSHIP

Massport

Massachusetts Convention Center Authority

SOUTH BOSTON
WATERFRONT

Parcel H
Rd

World Trade
Center Ave

tHa
ul

Parcels
D2/D3

or

Boston
Convention
& Exhibition

Ha
ul
Rd

Parcel A-2

E Street

St

Su
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S

Building

VACANT LAND
FOR DEVELOPMENT

M a ss

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D Street
1s

JOINT STATE-CITY TASK FORCE

The Joint State-City General Electric Task Force provides General Electric with a single point
of contact to support a seamless permitting, relocation, and transition to Boston. Through
its enabling legislation, the Boston Redevelopment Authority (BRA) provides streamlined
real estate development permitting. As such, the sites offered in this proposal have been
coordinated through the BRA, as a single point of contact. Should additional approvals be
required, a BRA ombudsman will coordinate with all relevant city, state and other parties.

DEPARTMENT

NAME

Governors Office

Steve Kadish, Chief of Staff

Mayors Office

Dan Koh, Chief of Staff

Massachusetts Executive Office of Housing

and Economic Development
Massachusetts Executive Office of Housing
and Economic Development
Mayor's Office of Economic Development,
City of Boston
Mayor's Office of Economic Development,
City of Boston
Massachusetts Department of
Environmental Protection (MASSDEP)
Massachusetts Department of
Transportation (MassDOT)

We propose an exciting partnership to launch an Innovation Lab in

Downtown Boston to showcase your technology, especially healthcare and digital hardware
technology. The proposed Life Sciences Innovation Lab would be in partnership with General
Electric, the City of Boston, MassChallenge, and the Massachusetts Life Sciences Center
(MLSC). As part of this partnership, MassChallenge would operate the Innovation Lab and
MLSC would support up to $5 million to build-out the facility.
YOUR INNOVATION LAB

BOSTONS INNOVATION DISTRICT

Mike Kennealy, Assistant Secretary for

Business Growth

Bostons Innovation District spans 1,000

John Barros, Chief

Lauren Jones, Deputy Director of
Business Strategy
Martin Suuberg, Commissioner
Kate Fichter, Assistant Secretary of
Policy Coordination
Ronald Rakow, Commissioner

Boston Civic Design Commission

David A. Carlson, Executive Director

Boston Disabilities Commission

Kristen McCosh, Commissioner

Boston Fire Department

Joseph P. Finn, Commissioner

Boston Inspectional Services

Department (ISD)

William Christopher, Commissioner

Boston Public Health Commission (BPHC)

Lisa Conley, Director of Policy Development

Boston Public Works

Michael Dennehy, Commissioner

Boston Redevelopment Authority (BRA)

Brian Golden, Director

Boston Transportation Department (BTD)

Chris Osgood, Chief

Boston Water & Sewer Commission

Charlie Jewell, Director of Planning

Mayor's Office of Environment, Energy &

Open Space, City of Boston

Austin Blackmon, Chief

| TASK FORCE

Boston is the worlds most sustainable source of exceptional talent. We are home to the
best institutions and amazing businesses; the future of robotics, life sciences, and energy are
developed here.

Jay Ash, Secretary

Boston Assessing Department

GENERAL ELECTRIC

YOUR INNOVATION LAB

SOUTH BOSTONS WATERFRONT DISTRICT

acres on the South Boston Waterfront.

Its the citys newest cluster of high

tech research, development, and
manufacturing firms.

Since 2010, the South Boston Waterfront

has added over 100 new businesses.

Home to MassChallenge, the worlds

largest startup accelerator.

Technology companies, including

greentech and life sciences, significantly
represent the areas growth.
GROWTH IN THE HIGH TECH SECTOR

Bostons high tech sector has grown 9%

per year since 2010.

Boston is particularly strong in computer

systems design and scientific research
and development. In fact, Bostons share
of employment in scientific research and
development is two and a half times the
national average.

LIFE SCIENCES CORRIDOR

Boston collaborates with Somerville,

Cambridge, Quincy, and Braintree to
support the Life Sciences Corridor.

The Life Sciences Corridor is home to

over 450 companies within the Life
Sciences Industry Cluster.

The Life Sciences Corridor is sustained

by skilled labor force availability, access
to leading universities, the existence
of established innovative research and
development districts, proximity to major
research hospitals, and presence of
venture capital resources.
MEDICAL RESEARCH

In Boston, the Longwood Medical Area

is a world famous medical epicenter with
over 43,000 scientists, researchers, and
staff including over 19,000 students.

In 2014, the Longwood Center opened,

adding an additional 350,000 square feet
of R&D space in Bostons strongest life
sciences cluster.

2014 marked the 20th consecutive year

that Boston received the most National
Institutes of Health funding of any U.S.
city. Forty-six Boston institutions received
3,521 NIH awards for more than $1.7
billion in funding.
GENERAL ELECTRIC

| INNOVATION LAB

YOUR HOME

HOMEOWNERSHIP SUPPORT

GENERAL ELECTRICS CONCIERGE RELOCATION SERVICES

The City of Bostons Boston Home Center would be able to support General Electric
employees seeking homeownership or rentals in Boston through the following incentives:

The City of Boston wants to ensure a

seamless relocation and transition to Boston for General Electric and its employees. General
Electrics Concierge Relocation Services offers a range of services and support.
TEMPORARY GENERAL ELECTRIC SPACE

TRANSPORTATION

Boston understands General Electrics

relocation of its corporate headquarters is
a major endeavor. The State-City Joint Task
Force will work closely with General Electric
to discuss property needs and confirm
availability of temporary space for up to 50
executives very early in the process.

Boston has many transportation options,

and we will help you get around the city. We
will offer walking guides to the third most
walkable city in America and access to a T
(subway and bus) pass with map/schedule.

BOSTONS BUSINESS NETWORK

We will help you make connections within

the Boston business community.
HOMEOWNERSHIP

The Boston Home Center will offer a

package of resources for General Electric
employees (See Homeownership Incentives).
JOB LISTINGS

We will provide referrals to head hunting

services and job listings in and around Boston.
EDUCATION AND CHILDCARE

We will help you find day care services,

public and private schools, and introductions
to premier colleges and universities in the
Boston area such as Harvard University,
Boston College, Northeastern University,
Emerson College, and Suffolk University.
MOVING REFERRALS

We will provide referrals to moving

companies, storage companies, and home
services to get you settled in your new home.
INTRODUCTORY CITY TOUR

We will host an introductory city tour to

provide you with an orientation to Boston,
highlighting its history, cultural and athletic
institutions, parks, shopping areas, and
medical facilities.
GENERAL ELECTRIC

| YOUR HOME

The City of Bostons Boston Home Center (BHC) will

work with GE to create a homebuying match loan program. The program will work with the
existing BHC loan program to hold a Homebuying 101 (HB101) course at General Electric
headquarters where graduates are eligible for between 3% and 5% for down payment and
closing cost assistance from the BHC loan program. Loans are zero interest deferred loans
that are forgivable and become a grant if the homeowner lives in Boston for 10 years.
BOSTONS LIVE NEAR YOUR WORK INITIATIVE

BOSTON ATTRACTIONS

Once youre settled and enjoying your new

home, enjoy a guide to Bostons sights,
events, and attractions. Local happenings
capturing our rich history, diverse
neighborhoods, and legacy of arts, culture
and education are frequently updated at
www.CityofBoston.gov/Visitors.
Among features in Boston, CityPass allows
you to visit the New England Aquarium,
Museum of Science, Museum of Fine Arts,
and either the Skywalk Observatory or the
Harvard Museum of Natural History - on us!
www.CityPass.com/Boston
ON-SITE SERVICES FOR GE EMPLOYEES

We will partner with Bostons City Hall To

Go truck to visit General Electric every day
for a week upon opening, and quarterly
during General Electrics first year in Boston
to offer a range of on-site services from the
Commonwealth of Massachusetts and the
City of Boston for employees. No standing in
line, no hassles, no fuss, just service.
Services range from applying for a state
license and automobile registration, and
applying for a residential parking permit
to registering to vote, pre-registering for
school, and requesting a handicap parking
space. Inspired by food trucks, Bostons
bright and friendly mobile City Hall truck is
about serving city residents where they live,
work and play.

A welcome presentation from Housing

Chief Sheila Dillon and Deputy
Director Rob Consalvo on Department
of Neighborhood Development
programming including an in-depth
presentation on the homebuyer and
homeownership programs and services
offered by the BHC.

Hold a Homebuying 101 (HB101) course

at General Electric headquarters for
company employees, including a waiver
for any and all charges for the course.
(Course currently charges a fee for
enrollment.)

Schedule BHC Meet the Lenders and

Realtors event and three additional BHC
specifically for the company at General
Electric headquarters employees.

Dedicate a member of the BHC

homebuying team as General Electrics
Champion who will be responsible for
working with and assisting any company
employee with all aspects of homebuying
and homeownership.

Conduct a BHC trolley tour of Bostons

neighborhoods with BHC staff for
company employees to introduce each
Boston neighborhood to company
employees as well as to showcase
different housing stock and important
neighborhood characteristics.

For home purchases outside of Boston,

MassHousing will provide counseling for
employees including briefing/training
at their offices about the mortgage
programs that MassHousing has available
and collateral loan materials personalized
for employees. MassHousing is one of
the premier housing finance agencies
in the country, with a network of more
than 170 lenders originating mortgages
as well as its own mortgage insurance
business. MassHousing will select a
small number of its top lending partners
willing to designate specific loan officers
to work with employees, and all loans
will be serviced by dedicated staff,
insuring customized service for loans
made through the MassHousing network.
MassHousing will also provide financing
with as little as 3% down for all eligible
home buying employees of the company
and for all eligible loans. Rates will be
made at our lowest possible cost of
funds, with a 20% reduction in the cost of
private mortgage insurance.

GENERAL ELECTRIC

| HOMEOWNER SUPPORT