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.
Lowell Community Health Center provides high quality, culturally competent, affordable health services to individuals and families who are medically underserved, uninsured, and low-income. With this loan, the Health Center provides new dental and vision services to their patients. It also increased adult health services and consolidated administrative offices into one locale. The health center serves more than 25,000 patients, annually.
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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.
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.
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.
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.
Art Plus Technology (APT) is a Boston-based, woman-owned company that specializes in software for the financial, insurance, telecommunications, and utility industries.
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.
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.
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.
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.
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.