The Greater Boston 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

Investment

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

IMPACT

  • 21 FTE jobs

CDEs

Investor

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

Other Massachusetts Projects

Financing for Cafe UTEC, a youth education and workforce training program located in Lowell, MA.
Expansion and modernization of technical college increases career opportunities for low-income persons through affordable workforce training and wraparound services.
Financing the light industrial and commercial component of a mixed-use project in Dorchester, one of Boston's lowest-income neighborhoods.
The construction of a new two-story, 30,000 sq. ft. modern, child-oriented facility that will improve the quality of education, child safety and functionality for the children and staff, replacing a