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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NOAH is a nonprofit community development corporation serving East Boston. The Paz Properties project included the purchase and rehabilitation of three dilapidated buildings owned by the City of Boston. One of the buildings was renovated and sold to a first-time homeowner. The remaining six-unit apartment building and the commercial storefront were retained as rental units.
Victory Programs, Inc. was founded in 1975 to assist individuals recovering from substance abuse. Victory Programs renovated a 9-bedroom home for use as a 24-bed residential substance abuse treatment center for men, many of whom are navigating complex physical and mental health challenges.
Boston-based ACCION USA is a private, nonprofit organization that provides micro-loans and other financial services to low- and moderate-income entrepreneurs who are unable to access bank credit for their small businesses. ACCION is the largest micro-lender in the US. ACCION lending programs provide loans from $500 to $50,000.
This project transformed an existing deteriorated lodging house into 16 quality affordable SRO housing units that serve very low- and low-income individuals
Memorial Hall was constructed in 1921 to honor the Ipswich veterans of World War I. Adjacent to Memorial Hall are 33 elderly apartments owned and managed by the nonprofit Oak Hill, Inc. Oak Hill purchased Memorial Hall and created 7 elderly rental apartments that are linked by a covered walkway to Oak Hill's existing facility.
The 52,000 SF historic mill located at 215 Canal Street in Lawrence, known as the Levis building, is locally owned and provides renovated space for growing businesses and nonprofit organizations serving the greater Lawrence community.
