CDE: Bluehub

To all NMTC Coalition Members: If you would like to add projects, a description of your CDE, or anything else to this page, contact Paul Anderson.

Recent Allocation Awards:

Project Profiles and Stories

Franklin Cummings Tech

Boston,
MA
(2024)

Schools

CDE(s): Bluehub, Chase, Consortium America, Grow America, Partners for the Common Good

Expansion and modernization of technical college increases career opportunities for low-income persons through affordable workforce training and wraparound services.

The Greater Boston Food Bank

Cambridge,
MA
(2013)

Community, Energy, Shelters and Community Food, Solar

CDE(s): Bluehub

In 2010, BlueHub Capital financed the installation of solar panels on the roof of the Food Bank, allowing the organization to get green energy for a low, fixed rate and

Solar on St. Polycarp

Somerville,
MA
(2015)

Solar

CDE(s): Bluehub

Renewable Energy Provider to LICs: BlueHub Capital, then known as Boston Community capital, stepped in, installing solar panels at both St. Polycarp II and III. BlueHub Capital owns the panels,

Lynn YMCA

Lynn,
MA
(2017)

Community, Daycare and Early Childhood, Recreation, Shelters and Community Food, YMCAs and YWCAs, Youth and Families

CDE(s): Bluehub, Capital One, MassDevelopment, MHIC

The Lynn Y project comprises the land acquisition and new construction of 64,000 sq. ft. state of the art recreational facility in the city of Lynn, MA for the YMCA

Church Hill North Retail Center

Richmond,
VA
(2018)

Affordable Housing, Community, Culinary Entrepreneurship, Daycare and Early Childhood, Grocery and Fresh Food, Healthcare, Housing, Mixed-use, Retail, Retail and Commercial, Schools, Youth and Families

CDE(s): Bluehub, Capital One, City First, Local Initiatives Support Corporation

Construction loan for mixed-use development with grocery store, pharmacy, credit union, community space.

The Greater Boston Food Bank

Lawrence,
MA
(2011)

Community, Energy, Infrastructure, Shelters and Community Food, Solar

CDE(s): Bluehub

NMTC financing supported the construction of The Greater Boston Food Bank

New England Forestry

Jackman,
ME
(2005)

Manufacturing, Rural, Timber and Agriculture

CDE(s): Bluehub, Rural Development Partners

The wood industry is one of the largest employers in the state of Maine accounting for approximately 19,000 jobs.

Mahpiya Luta

Pine Ridge,
SD
(2024)

Energy

CDE(s): Bluehub, USBCDE

BlueHub Capital has awarded tax credits to Maȟpíya Lúta (Red Cloud) on the Pine Ridge Reservation, facilitating a $13 million investment in significant infrastructure projects. The funds will support the

Garden Oaks-based Kids’ Meals celebrates groundbreaking of new headquarters in Spring Branch

CDE(s): Bluehub

Kids’ Meals, Inc., a nonprofit combating childhood food insecurity and hunger, broke ground on its new facility that will serve 26,000 hungry kids every day across the Greater Houston Area

Alstom Transportation

Hornell,
NY
(2021)

Business Development, Manufacturing, Rural

CDE(s): Bluehub, Chase, Community Development Venture Capital Alliance, Hampton Roads Ventures, Local Initiatives Support Corporation, Rural Development Partners

RDP allocated $10M in NMTCs to help Alstom expand their specialized manufacturing equipment line to rural America, and continue investing in Hornell (NY) as a key long-term U.S.

Sweet Potato Processing Facility

Delhi,
LA
(2010)

Business Development, Food Manufacturing, Manufacturing, Rural

CDE(s): Bluehub

NMTC project provides area residents a place to work and 275 jobs.

Bongards Creameries

Humboldt,
TN
(2017)

Business Development, Food Manufacturing, Manufacturing

CDE(s): Bluehub, PNC, Rural Development Partners

Financing to purchase and transform a plant in Humboldt into a natural processed cheese operation to support the growing demand for its products.

Jones County School

Trenton,
NC
(2017)

Community, Public School, Schools

CDE(s): AMCREF Community Capital, Bluehub

The construction of a new K-12 public school for the public school district of Jones County, North Carolina.

Swift Factory

Hartford,
CT
(2018)

Community, Food Manufacturing, Healthcare, Historic Rehabilitation, Incubator, Manufacturing, Mixed-use, Retail, Water Management

CDE(s): Bluehub, MHIC, National Trust Community Investment Corporation

Substantial rehabilitation of a historic gold leafing factory located in a Promise Zone into a commercial space and hub for a regional hydroponic operator, light manufacturing, and small business incubator

Community Health Centers, Inc.

Hartford,
CT
(2017)

Behavioral Health, Children's Hospital, Community, FQHCs, Healthcare

CDE(s): Bluehub, Capital Impact Partners, Capital One, Primary Care Development Corporation

Construction of three new facilities to help a FQHC serve more patients.

Pure Flavor

Fort Valley,
GA
(2017)

Food Manufacturing, Manufacturing, Timber and Agriculture

CDE(s): Bluehub, Business Valued Advisor Fund, The Valued Advisor Fund, USBCDE

Construction of an approximately 25 acre greenhouse development to help keep up with demand for hothouse vegetables.

Universal Stainless

Dunkirk,
NY
(2018)

Business Development, Manufacturing, Rural

CDE(s): Bluehub

Finacning for a new mid-size bar cell capital project at its Dunkirk, NY facility.