Lawrence, MA (2011)

The Greater Boston Food Bank

NMTC financing supported the construction of The Greater Boston Food Bank

Investment

  • NMTC Amount: $4,911,500
  • Total Project Cost: $5,127,513

IMPACT

  • 14 FTE jobs
  • 90 construction jobs

CDEs

Investor

Project Description

The Greater Boston Food Bank: “Every dollar we save means we can feed more people. It’s that simple,” says Catherine D’Amato, president and CEO of The Greater Boston Food Bank. “Every dollar we save means we can feed more people. It’s that simple.” As New England’s largest hunger relief organization, The Food Bank helps people in the area to be productive members of their communities by ensuring that they are well fed. BlueHub Capital, formerly Boston Community Capital, provided the flexible financing that they needed that would enhance the vision of The Food Bank. 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 to spend the savings doing what they do best— preventing hunger in our own Greater Boston community

MAP

Address: 50 Island Street, Lawrence, MA 2118

Census Tract: 25025080100

Other Massachusetts Projects