The Greater Boston Food Bank

New Markets Tax Credit Coalition

Cambridge,
MA
(2013)

The Greater Boston Food Bank

Community, Energy, Shelters and Community Food, Solar

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

Investment

NMTC Amount: $7,153,500
Total Project Cost: $7,530,000

IMPACT

21 FTE jobs

CDEs

Bluehub

Investor

Unknown

Project Description

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: 181 Walden Street, Cambridge, MA 2140

Census Tract: 25025081300

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