Our Impact

We invest our flexible loan capital creatively and intentionally to generate opportunities for people with low incomes and remove systemic barriers to help them thrive.

$593M
Dollars invested
325
Loans closed since 1999
$2.7B
Additional public and private capital leveraged by PCI financing
6,400
AFFORDABLE HOUSING UNITS CREATED AND/OR PRESERVED
187,000
PATIENTS ANNUALLY RECEIVING CARE IN STATE-OF-THE-ART HEALTHCARE FACILITIES
½ of 1%
CUMULATIVE LOAN LOSS RATE
$593M
Dollars invested
325
Loans closed since 1999
$2.7B
Additional public and private capital leveraged by PCI financing
6,400
AFFORDABLE HOUSING UNITS CREATED AND/OR PRESERVED
187,000
PATIENTS ANNUALLY RECEIVING CARE IN STATE-OF-THE-ART HEALTHCARE FACILITIES
½ of 1%
CUMULATIVE LOAN LOSS RATE

Our Projects

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Small Business
Economic Development

SEED Ventures, Southeastern Economic Development Corporation, (Taunton)

SEED Ventures, Southeastern Economic Development Corporation, (Taunton)

SEED Ventures, LP was established by the Southeastern Economic Development Corporation, (SEED) to improve the economic well-being of residents by providing equity and mezzanine debt to small businesses located in low-income communities in Southeastern Massachusetts.

Loan Amount:
$250,000
Loan Type:
Term
Region:
Southeast MA
Year:
2004
Affordable Housing

49 Edmands Road, Jewish Community Housing For The Elderly, (Framingham)

49 Edmands Road, Jewish Community Housing For The Elderly, (Framingham)

Jewish Community Housing for the Elderly (JCHE) owns and manages hundreds of units of nonsectarian elderly housing in the Boston Metro area that include a range of supportive programs and services. JCHE purchased nine acres of land in Framingham and developed 150 affordable elderly housing units.

Loan Amount:
$940,000
Loan Type:
Acquisition
Region:
Boston Metro
Year:
2003
Community Services

94 Prospect Street, Brockton Coalition for the Homeless, (Stoughton)

94 Prospect Street, Brockton Coalition for the Homeless, (Stoughton)

The Brockton Coalition for the Homeless purchased and renovated a facility that provides transitional housing for 17 formerly homeless families. The Coalition provides onsite educational and life-skills services.

Loan Amount:
$750,000
Loan Type:
Permanent
Region:
Southeast MA
Year:
2003
Affordable Housing

Adams Court, Nuestra Comunidad, (Boston)

Adams Court, Nuestra Comunidad, (Boston)

Adams Court is a renovated 99-unit complex consisting of five, four-story, brick apartment buildings. One hundred percent of the units are affordable to low-and moderate-income households earning less than 80% of area median income. Residents can walk to nearby Mattapan Square with its shopping center and T station.

Loan Amount:
$5,000,000
Loan Type:
Acquisition
Region:
Boston Metro
Year:
2003
Small Business

Art Plus Technology, Boston

Art Plus Technology, Boston

Art Plus Technology (APT) is a Boston-based, woman-owned company that specializes in software for the financial, insurance, telecommunications, and utility industries.

Loan Amount:
$300,000
Loan Type:
Term
Region:
Boston Metro
Year:
2003
No items found.

Canaan Baptist Church of Christ, Springfield

Canaan Baptist Church of Christ, Springfield

Canaan Baptist Church of Christ was started in 1990 with a congregation of 15 charter members and has grown active membership significantly. The church built an addition to provide space for social service programs and after school programs for children.

Loan Amount:
$220,000
Loan Type:
Construction
Region:
Western MA
Year:
2003
Small Business

Contract Glass Service, Billerica

Contract Glass Service, Billerica

Contract Glass manufactures insulated glass windows, patio doors, shower doors, tabletops, and custom mirrors primarily on a wholesale basis to housing management companies, housing authorities, and glass shops.

Loan Amount:
$200,000
Loan Type:
Term
Region:
Northeast MA
Year:
2003
Affordable Housing

Highland Homes, Madison Park Development Corporation, (Boston)

Highland Homes, Madison Park Development Corporation, (Boston)

Highland Homes is a newly constructed eighteen-unit condominium development in the Fort Hill section of Roxbury. The units are in eight buildings ranging from 1 to 4 units per building. Fourteen units are family sized with three bedrooms. Eleven of the eighteen units provide affordable homeownership opportunities in one of Boston's oldest neighborhoods.

Loan Amount:
$890,000
Loan Type:
Bridge
Region:
Boston Metro
Year:
2003
Small Business

Home Market Foods, Norwood

Home Market Foods, Norwood

Home Market Foods (HMF) processes cooked beef, pork and chicken products. It sells to a variety of national and regional customers, including fast food restaurants, convenience stores, discount stores, supermarkets and food service providers throughout North America. HMF consolidated their operations in to a new, larger facility in Norwood to expand operations and staff.

Loan Amount:
$1,000,000
Loan Type:
Term
Region:
Boston Metro
Year:
2003
Affordable Housing
Economic Development

Ice Pond Lane, The Community Builders, (Northampton)

Ice Pond Lane, The Community Builders, (Northampton)

Ice Pond Lane is a single-family housing subdivision with 26 new homes developed as part of the adaptive reuse of the 124-acre former site of the Northampton State Hospital, which closed in 1993. Six homes are reserved for low- and moderate-income households.

Loan Amount:
$2,300,000
Loan Type:
Construction
Region:
Western MA
Year:
2003