Investor Type | Firm |
Industries | Other |
Investing | United States |
Investment Range | $4,900,000 - $4,900,000 |
BlueHub Capital, previously known as Boston Community Capital, is a nonprofit community development financial institution dedicated to building vibrant, healthy communities where low-income individuals reside and work. Their mission is to harness the power of innovative financial tools and responsible capital to create equitable economic opportunities and to address social and racial inequities. BlueHub Capital invests in projects that provide social and financial returns, aiming for a "double bottom line". The firm focuses on multiple areas of community development financing including commercial real estate, community facilities, education, healthcare, healthy food, and housing. Their notable BlueHub SUN initiative offers foreclosure relief by helping families facing foreclosure to keep their homes through renegotiated, affordable mortgages. In addition, they work on clean energy projects and offer new market tax credits to foster investment in low-income areas. BlueHub Capital's investment approach is to listen to community needs and collaborate to develop impactful programs and services. With more than $3 billion invested in low-income communities and an additional $14.6 billion leveraged, their investments aim to enable more accessible housing, jobs, healthcare, and childcare, regardless of demographic factors. They recently introduced a Citizenship Financing initiative and a pilot program to increase the use of electric vehicles in environmental justice communities. Their minimum and maximum investment amounts are consistent, with both set at $4,900,000, underscoring a targeted investment strategy in specific community projects.