Boston Community Capital

Founded in 1984, Boston Community Capital (BCC) is one of the most innovative and successful community development financial institutions in the nation.  It has lent more than $1 billion and leveraged almost 1.5 billion in private investment. In addition to broadening access to healthy food finance, BCC has helped to prevent more than 500 foreclosure-related evictions, renovate 1.6 million square feet of real estate, finance more than 15,000 units of affordable housing, and create 4,440living-wage jobs. BCC is one of the largest solar providers to affordable housing in the country—its financing has helped to generate 10.5 million kilowatts of solar capacity, saving customers $4.6 million in energy costs. The Washington Post noted that BCC’s foreclosure prevention program, Stabilizing Urban Neighborhoods (SUN), offers a national model in blight reduction. BCC is active in 9 states through the northeast including New York, New Jersey, Maryland, Virginia, Florida, as well as Washington, DC. BCC supports socially and economically transformative businesses, such as the car sharing service Zipcar through equity investments. To date, its Venture Fund has invested $20 million in 21 companies specialized in transportation, media, education, food services, life science diagnostics, and waste remediation.

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