Boston, Massachusetts

Boston, MA

As the largest city in New England, and one of its oldest, Boston has long been the region's economic and cultural hub. According to the 2007 American Community Survey, the city's population is 50% white, 25% African American, 16% Hispanic, and 9% Asian. People of Irish and Italian ancestry comprise about one quarter of the city (16% and 8% respectively), while people of West Indian ancestry are the third largest group with 6.4% of the city's population. Among the nation's 50 most populated cities, Boston ranks fifth in the percentage of adults identifying themselves as gay, lesbian, or bisexual (12.3%).

Boston, with an estimated 2011 population of 625,000, remains one of the twenty-five largest cities in the country. While lower than its peak population of 800,000 in 1950, Boston has been steadily growing since 1980. The Greater Boston region is also home to nearly 4.5 million people - the tenth-largest metropolitan area in the country.

Boston has had a history of being home to many firsts, including the United States' first college - Harvard College (1636) - and the first subway system. In 2007, Mayor Menino made Boston the first major city in the nation to require development projects to meet the LEED Silver Standard. As a result, the Department of Neighborhood Development has adopted new design standards that will require projects to adopt the Energy Star Standard in addition to LEED Silver, reducing maintenance costs and promoting sustainability in all new affordable housing construction.

Boston is also home to many community partnerships: one such joint venture is the Fairmount Line Collaborative. Bringing together the Mattapan CDC, Dorchester Bay EDC, Codman Square NDC and the Southwest Boston CDC, the Fairmount Line Collaborative is dedicated to advocating for transit equity and to develop a collective development strategy for land adjacent to the current Fairmount/Indigo MBTA line. The Collaborative has been successful in getting the State to appropriate $14 million to modernize the two stops - Morton Street Station and the Cummings Highway station - in the Mattapan neighborhood.

Partners for Jackson is another collaboration of community development corporations, non-profit groups and private developers, including Urban Edge CDC and Jamaica Plain Neighborhood Development Corporation, committed to creating a community-driven redevelopment plan for Jackson Square. Designated master developer by the Boston Redevelopment Authority Director Mark Malone, Partners for Jackson is utilizing Jackson Square's strategic placement to the Jackson Square MBTA station to create an 11.5-acre mixed-income, mixed-use, transit-oriented development community. Helping reconnect the Jamaica Plain and Roxbury neighborhoods, the plan includes 420 new homes (60% affordable), a new youth and family center, small and mid-scale retail space, and a new plaza and other pedestrian-friendly improvements

An overview of community wealth building efforts follows:

 

Community Development Corporations (CDCs)

Asian Community Development Corporation

Established in 1988, the Asian Community Development Corporation was formed to address the lack of affordable housing options for Asian immigrants and other low-income families. With a focus on preserving and revitalizing Boston’s Chinatown community, the group has developed more than 500 affordable housing units, developed a home ownership program that has helped double the rate of ownership in Chinatown and created a youth development program for low-income youth from Boston and urban Asian American (AA) communities in the metropolitan area. Read more about Asian Community Development Corporation...

Dorchester Bay Economic Development Corporation

Founded in 1979 by local civic groups, Dorchester Bay Economic Development Corporation works to create economic development opportunities and construct affordable housing options for the diverse community in Boston and Dorchester neighborhoods. To date, the group has developed more than 930 units of affordable housing, including two housing cooperatives, and created six commercial buildings to anchor businesses that have provided more than 300 jobs. Read more about Dorchester Bay Economic Development Corporation...

Inquilinos Boricuas en Acción

Inquilinos Boricuas en Acción works to enhance the quality of life for the majority low-income Latino residents of Villa Victoria – a 435-unit affordable housing community of 1100 residents in South Boston. It also continues to promote the values of Villa Victoria – a community’s whose colorful evolution occurred during the late 1960’s and early 1970’s after it developed a strategy that incorporated quality housing, social services, economic development, and the arts. Read more about Inquilinos Boricuas en Acción...

Mattapan Community Development Corporation

Established in 1996, Mattapan Community Development Corporation (MCDC) is dedicated to improving the social and economic conditions of those who live in Mattapan. The CDC has recently undertaken an ambitious new plan to revitalized the neighborhood, beginning with the Morton Street Homes project – a new 4-story mix-use building within walking distance of the new Morton Street rail stop and featuring permanently affordable housing units. To date, it manages 24 affordable housing units. Read more about Mattapan Community Development Corporation...

Neighborhood of Affordable Housing (NOAH)

Serving East Boston since 1987, the Neighborhood of Affordable Housing (NOAH) started as a two-person organization operating from the basement of a church and has evolved into a multi-service non-profit still focused on preserving affordable housing and building safe and healthy neighborhoods. To date, NOAH owns and rents 103 affordable units across 17 properties, has assisted over 650 families in purchasing their first home, and has helped redeveloped six school yards, a four and a half acre waterfront “Urban Wild” park, and a youth-run community garden. Read more about Neighborhood of Affordable Housing (NOAH)...

Nuestra Comunidad Development Corporation

Founded in 1981 by residents of the Dudley Neighborhood, Nuestra Comunidad Development Corporation works to build the wealth and enhance the physical, economic and social well-being of Roxbury and other underserved populations in greater Boston by developing affordable housing, increasing local economic development, encouraging individual asset-building, and improving housing security and stability. To date, Nuestra Comunidad has produced 887 units of affordable housing. Read more about Nuestra Comunidad Development Corporation...

Southwest Boston Community Development Corporation

Formed in 2001 by concerned residents, Southwest Boston Community Development Corporation serves the communities of Hyde Park and Roslindale by preserving affordable housing and promoting economic development. In Hyde Park, it has focused on transit-oriented development, targeting vacant and underutilized lots near the Fairmount/Indigo MBTA line. Another CDC initiative includes the Hyde Park Arts Initiative, a partnership of local arts organizations, businesses and nonprofit groups aimed at utilizing the arts for community economic growth. Read more about Southwest Boston Community Development Corporation...

Community Development Financial Institutions (CDFIs)

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. Read more about Boston Community Capital...

Housing Partnership Network

Formed in 1990, the Housing Partnership Network is a business alliance of the nation’s top performing nonprofit development organizations, allowing them to share the innovations from each organization’s local practices and leverage their resources more efficiently. One of its enterprises - the Housing Partnership Fund - is a $30 million CDFI-certified lending institution that has provided financing to thirty Network members to build or acquire more than 11,000 affordable homes valued at more than $850 million. Read more about Housing Partnership Network...

Massachusetts Housing Investment Corporation

Founded in 1990 by a consortium of banks and other corporate investors, Massachusetts Housing Investment Corporation is non-profit, certified-CDFI that manages a loan program, equity investment program, and a New Markets Tax Credit program. Raising $718 million from investors to fund these programs, MHIC has provided $443 million through its loan program, $524 million through its equity investment program, and $257 million through its New Markets Tax Credit program to needing community businesses. Read more about Massachusetts Housing Investment Corporation...

Community Land Trusts (CLTs)

Boston Building Materials Co-op

Boston Building Materials Co-op is a not-for-profit consumer co-op that is dedicated to providing high quality materials and teaching people how to maintain their homes. Governed by its members but opened to the public, the co-op sells products in the following home improvement sections: window repair, kitchen and bath, windows and doors, storm products, weatherization, and green products. Read more about Boston Building Materials Co-op...

Dudley Street Neighborhood Initiative

Dudley Street Neighborhood Initiative (DSNI), formed in 1984, is a community-based planning and organizing group in the low-income Dudley area of Roxbury, Boston, home to 24,000 residents. It has partnered with developers to create 300 new homes, a Town Common, gardens, urban agriculture, parks and playgrounds. An additional 300 housing units have been rehabilitated. Read more about Dudley Street Neighborhood Initiative...

Cooperatives (Co-ops)

Boston Community Cooperatives

Striving to build community through cooperative living, neighborhood improvement, and collective action, Boston Community Cooperatives acts as an umbrella organization to provide infrastructure to housing cooperatives. To date, the co-op owns one house – Seedpod, a 12-bedroom house near Field’s Corner in Boston – and is partnering with other housing cooperatives in Boston to expand to multiple houses. Read more about Boston Community Cooperatives...

Cambridge Cooperative Club

Founded in 1963, Cambridge Cooperative Club is a 10-person housing cooperative between Harvard and Porter Square in Cambridge – part of the Greater Boston area. They are dedicated to living ecologically sustainable lives, learning from each other, governing by consensus, and contributing to the local community. Read more about Cambridge Cooperative Club...

Harvest Co-op Markets

Founded in 1971, Harvest Co-op Markets is a member-owned cooperative with two stores in the greater Boston area: one in Cambridge’s Central Square, and one in Jamaica The co-op supports organic and sustainable agricultures, local farmers and food producers, and fair trade businesses. Unlike many co-ops that give a discount at the point of sale, Harvest returns a rebate based on any profit annually, enabling a more sustainable financial model for the co-op. Read more about Harvest Co-op Markets...

Employee Stock Ownership Plans (ESOPs)

Boston Common Asset Management

Formed in 2002, Boston Common Asset Management is an employee-owned social investment firm seeking sustainable, long-term capital appreciation through investments in high quality and socially responsibly enterprises. The firm manages approximately $700 million in assets. Read more about Boston Common Asset Management...

Shawmut Design & Construction

Founded in 1982 by Jim Ansara and a handful of employees, Shawmut Design and Construction is now an entirely employee-owned national construction management firm with headquarters in Boston and offices in New York, Providence, Las Vegas, Atlantic City and New Haven. In the past decade, Shawmut’s revenues have grown by over 900% and, in 2008, it worked on construction projects worth nearly $900 million. Read more about Shawmut Design & Construction...

Green Economy

Boston Natural Areas Network

Founded in 1977, the Boston Natural Areas Network is dedicated to preserving and expanding urban open space – community gardens, urban wilds, and greenways – through community organizing and development, acquisition and ownership. As of 2006, the group had preserved 40 community gardens, has gained legal protection for 831 acres of urban wilds, and has helped create the Neponset River and East Boston Greenways. Read more about Boston Natural Areas Network...

Groundwork Somerville

Modeled after successful Groundwork organizations in the United Kingdom and an affiliate of Groundwork USA, a network of organizations established by the National Park Service, Groundwork Somerville is a community-based organization who mission is to promote the reuse of former brownfield sites and community revitalization in Somerville. Read more about Groundwork Somerville...

Impact Investing

Walden Asset Managment

Founded in 1975, Walden has grown to have $1.5 billion in assets under management as of 2006. Walden and its clients have been involved in shareholder engagement with companies through dialogue and shareholder resolutions as well as social screening of their portfolios. Many Walden clients also participate in community investing. Since 2004, Walden has been a division of Boston Trust & Investment Management Company, an employee-owned firm. Read more about Walden Asset Managment...

Individual Wealth Building

Allston-Brighton Community Development Corporation

Formed in 1980, Allston-Brighton Community Development Corporation has worked to build affordable housing, create green space, foster a healthy local environment and help develop ways to improve economic self-sufficiency in the Allston-Brighton community of Boston. The group has been a state leader in individual development accounts, founding and leading the MIDAS (Massachusetts IDAs) Collaborative, comprised of IDA programs across the state. Read more about Allston-Brighton Community Development Corporation...

Local Food Systems

The Food Project

Striving to increase food security through creating sustainable, local food systems, The Food Project grows nearly a quarter-million pounds of organic food each year (a portion of which is grown on several acres throughout the Boston area), selling that food through Community Supported Agriculture crop "shares" and farmer markets, and partners with urban gardeners to help them remediate their soil. Read more about The Food Project...

Program Related Investments

Massachusetts Community Economic Development Assistance Corp.

The Community Economic Development Assistance Corporation is a quasi-public intermediary that finances community development projects in low-income areas of metropolitan Boston. A 10-year, $1.5 million program-related investment from the Boston Foundation made in 2004 is expected to result in an additional 1125 units of housing for Greater Boston low-income individuals. Read more about Massachusetts Community Economic Development Assistance Corp....

Social Enterprise

Pine Street Inn

Founded in 1969, Pine Street Inn provides homeless individuals with shelter, services, and the means to become self-sufficient. Pine Street serves more than 1,300 each day, supplies 500 individuals and families with affordable housing, and, in 1998, began a program called STRIVE (Support and Training Result in Valuable Employees), a national job readiness program specifically tailored for homeless individuals. An average of 150 men and women annually complete programs in culinary training, building maintenance, literacy and other practical skill development through STRIVE. Read more about Pine Street Inn...

State & Local Investments

Create Boston

Believing that creativity is the core of Boston’s economic vitality and key to its economic growth, Create Boston focuses on helping expand the local sector of creative industries – music, film, design, media, and crafts. As a subsidiary of the Boston Redevelopment Authority, Create Boston provides local businesses with what they need to succeed – a connection to training programs, low-interest cash for capital improvements, or even a curb cut or loading zone. Read more about Create Boston...

Mass Ventures

In 1978, Massachusetts' state government established Mass Ventures (which was formally known as the Massachusetts Technology Development Corporation) to address the "capital gap" for start-up and expansion of early-stage technology companies. Read more about Mass Ventures...

Massachusetts Association of Community Development Corporations

Founded in 1982, the Massachusetts Association of Community Development Corporations is dedicated to supporting the affordable housing, economic development and community building strategies of its current 86 members, including 60 CDC members and 26 associate members. To date, the statewide association members have created 5,186 units of affordable housing, creating or preserving nearly 8,000 jobs, successfully helped pass legislation for $30 million for Brownfields redevelopment, and have attracted more than $828 million in private and public investments to local communities. Read more about Massachusetts Association of Community Development Corporations...

Transit-Oriented Development

Codman Square Neighborhood Development Corporation

Serving the Codman Square Neighborhood for more than 25 years, the Codman Square Neighborhood Development Corporation carries out it mission to improve the community’s quality of life and stabilization through affordable housing, economic development, and community building initiatives. Pushing smart growth and transit oriented development concepts, the group is advocating for transit equity - five new stops in their neighborhood - and new land and buildings around the line for development. Read more about Codman Square Neighborhood Development Corporation...

Fenway Community Development Corporation

Strengthening the Fenway neighborhood for more than 35 years, the Fenway Community Development Corporation has developed over 560 affordable homes, two playgrounds and after-school space, and has helped stabilize the neighborhood by increasing owner-occupancy by 35%. One of its most recent initiatives is its Urban Village Plan, organized by residents to transform the “strip” of gas stations, fast food huts, and parking lots along Boylston Street into a neighborhood Main Street with 2,500 units of mixed-income housing, ground floor retail, a neighborhood school and a community center. Read more about Fenway Community Development Corporation...

Jamaica Plain Neighborhood Development Corporation

Founded in 1977, Jamaica Plain Neighborhood Development Corporation benefits low-income Jamaica Plain residents through enabling community empowerment, fostering economic development, and developing affordable housing. To date, the group has developed more than 480 homes and created more than 1,000 jobs, As a member of Partners for Jackson, a collaborative effort to revitalize Jackson Square, JPNDC helped formulate a community-based plan focused on transit oriented development. Read more about Jamaica Plain Neighborhood Development Corporation...

Urban Edge CDC

Assisting the diverse communities in Jamaica Plain and Roxbury, Urban Edge CDC focuses on developing stable communities through constructing affordable housing and assisting small businesses and potential new homebuyers. As a member of Partners for Jackson - a team of community development corporations, non-profits and private developers - authorized by the Boston Redevelopment Authority, Urban Edge has worked on the redevelopment of 11.5 acres near Jackson Square, creating a model for mixed-income, mixed-use, transit-oriented development. Read more about Urban Edge CDC...

University & Community Partnerships

Jonathan M. Tisch College of Citizenship and Public Service

Based on Tufts Medford/Somerville campus, Jonathan M. Tisch College of Citizenship and Public Service supports faculty research in the area of civic engagement, partners to help the needs of local non-profits, and is active promoting stronger, healthier, and safer communities within the Medford, Somerville, Boston’s Chinatown and Graton neighborhoods. Providing a supplementary education to students at Tuft’s seven schools, Tisch College engages student through many different civic programs and projects. Read more about Jonathan M. Tisch College of Citizenship and Public Service...

MIT@Lawrence

Promoting civic engagement and partnerships between the students, faculty, and staff of MIT@Lawrence and Lawrence community residents and organizations, MIT@Lawrence promotes locally-led collective asset-building projects and research in three areas: affordable housing production; asset building as a economic and community development strategy; and youth pathways to education, careers, and community. Read more about MIT@Lawrence...

University of Massachusetts, Boston, College of Public and Community Service

Founded in 1972 to extend the University’s land grant mission by focusing on public and community service in urban areas and providing a liberal arts education with training for professional careers, the College of Public and Community Service includes programs that provide opportunities for field work and work experience. Read more about University of Massachusetts, Boston, College of Public and Community Service...

Individual Wealth Building

Allston-Brighton Community Development Corporation

Formed in 1980, Allston-Brighton Community Development Corporation has worked to build affordable housing, create green space, foster a healthy local environment and help develop ways to improve economic self-sufficiency in the Allston-Brighton community of Boston. The group has been a state leader in individual development accounts, founding and leading the MIDAS (Massachusetts IDAs) Collaborative, comprised of IDA programs across the state. Read more about Allston-Brighton Community Development Corporation...

Community Development Corporations (CDCs)

Asian Community Development Corporation

Established in 1988, the Asian Community Development Corporation was formed to address the lack of affordable housing options for Asian immigrants and other low-income families. With a focus on preserving and revitalizing Boston’s Chinatown community, the group has developed more than 500 affordable housing units, developed a home ownership program that has helped double the rate of ownership in Chinatown and created a youth development program for low-income youth from Boston and urban Asian American (AA) communities in the metropolitan area. Read more about Asian Community Development Corporation...

Dorchester Bay Economic Development Corporation

Founded in 1979 by local civic groups, Dorchester Bay Economic Development Corporation works to create economic development opportunities and construct affordable housing options for the diverse community in Boston and Dorchester neighborhoods. To date, the group has developed more than 930 units of affordable housing, including two housing cooperatives, and created six commercial buildings to anchor businesses that have provided more than 300 jobs. Read more about Dorchester Bay Economic Development Corporation...

Inquilinos Boricuas en Acción

Inquilinos Boricuas en Acción works to enhance the quality of life for the majority low-income Latino residents of Villa Victoria – a 435-unit affordable housing community of 1100 residents in South Boston. It also continues to promote the values of Villa Victoria – a community’s whose colorful evolution occurred during the late 1960’s and early 1970’s after it developed a strategy that incorporated quality housing, social services, economic development, and the arts. Read more about Inquilinos Boricuas en Acción...

Mattapan Community Development Corporation

Established in 1996, Mattapan Community Development Corporation (MCDC) is dedicated to improving the social and economic conditions of those who live in Mattapan. The CDC has recently undertaken an ambitious new plan to revitalized the neighborhood, beginning with the Morton Street Homes project – a new 4-story mix-use building within walking distance of the new Morton Street rail stop and featuring permanently affordable housing units. To date, it manages 24 affordable housing units. Read more about Mattapan Community Development Corporation...

Neighborhood of Affordable Housing (NOAH)

Serving East Boston since 1987, the Neighborhood of Affordable Housing (NOAH) started as a two-person organization operating from the basement of a church and has evolved into a multi-service non-profit still focused on preserving affordable housing and building safe and healthy neighborhoods. To date, NOAH owns and rents 103 affordable units across 17 properties, has assisted over 650 families in purchasing their first home, and has helped redeveloped six school yards, a four and a half acre waterfront “Urban Wild” park, and a youth-run community garden. Read more about Neighborhood of Affordable Housing (NOAH)...

Nuestra Comunidad Development Corporation

Founded in 1981 by residents of the Dudley Neighborhood, Nuestra Comunidad Development Corporation works to build the wealth and enhance the physical, economic and social well-being of Roxbury and other underserved populations in greater Boston by developing affordable housing, increasing local economic development, encouraging individual asset-building, and improving housing security and stability. To date, Nuestra Comunidad has produced 887 units of affordable housing. Read more about Nuestra Comunidad Development Corporation...

Southwest Boston Community Development Corporation

Formed in 2001 by concerned residents, Southwest Boston Community Development Corporation serves the communities of Hyde Park and Roslindale by preserving affordable housing and promoting economic development. In Hyde Park, it has focused on transit-oriented development, targeting vacant and underutilized lots near the Fairmount/Indigo MBTA line. Another CDC initiative includes the Hyde Park Arts Initiative, a partnership of local arts organizations, businesses and nonprofit groups aimed at utilizing the arts for community economic growth. Read more about Southwest Boston Community Development Corporation...

Community Land Trusts (CLTs)

Boston Building Materials Co-op

Boston Building Materials Co-op is a not-for-profit consumer co-op that is dedicated to providing high quality materials and teaching people how to maintain their homes. Governed by its members but opened to the public, the co-op sells products in the following home improvement sections: window repair, kitchen and bath, windows and doors, storm products, weatherization, and green products. Read more about Boston Building Materials Co-op...

Dudley Street Neighborhood Initiative

Dudley Street Neighborhood Initiative (DSNI), formed in 1984, is a community-based planning and organizing group in the low-income Dudley area of Roxbury, Boston, home to 24,000 residents. It has partnered with developers to create 300 new homes, a Town Common, gardens, urban agriculture, parks and playgrounds. An additional 300 housing units have been rehabilitated. Read more about Dudley Street Neighborhood Initiative...

Employee Stock Ownership Plans (ESOPs)

Boston Common Asset Management

Formed in 2002, Boston Common Asset Management is an employee-owned social investment firm seeking sustainable, long-term capital appreciation through investments in high quality and socially responsibly enterprises. The firm manages approximately $700 million in assets. Read more about Boston Common Asset Management...

Shawmut Design & Construction

Founded in 1982 by Jim Ansara and a handful of employees, Shawmut Design and Construction is now an entirely employee-owned national construction management firm with headquarters in Boston and offices in New York, Providence, Las Vegas, Atlantic City and New Haven. In the past decade, Shawmut’s revenues have grown by over 900% and, in 2008, it worked on construction projects worth nearly $900 million. Read more about Shawmut Design & Construction...

Community Development Financial Institutions (CDFIs)

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. Read more about Boston Community Capital...

Housing Partnership Network

Formed in 1990, the Housing Partnership Network is a business alliance of the nation’s top performing nonprofit development organizations, allowing them to share the innovations from each organization’s local practices and leverage their resources more efficiently. One of its enterprises - the Housing Partnership Fund - is a $30 million CDFI-certified lending institution that has provided financing to thirty Network members to build or acquire more than 11,000 affordable homes valued at more than $850 million. Read more about Housing Partnership Network...

Massachusetts Housing Investment Corporation

Founded in 1990 by a consortium of banks and other corporate investors, Massachusetts Housing Investment Corporation is non-profit, certified-CDFI that manages a loan program, equity investment program, and a New Markets Tax Credit program. Raising $718 million from investors to fund these programs, MHIC has provided $443 million through its loan program, $524 million through its equity investment program, and $257 million through its New Markets Tax Credit program to needing community businesses. Read more about Massachusetts Housing Investment Corporation...

Cooperatives (Co-ops)

Boston Community Cooperatives

Striving to build community through cooperative living, neighborhood improvement, and collective action, Boston Community Cooperatives acts as an umbrella organization to provide infrastructure to housing cooperatives. To date, the co-op owns one house – Seedpod, a 12-bedroom house near Field’s Corner in Boston – and is partnering with other housing cooperatives in Boston to expand to multiple houses. Read more about Boston Community Cooperatives...

Cambridge Cooperative Club

Founded in 1963, Cambridge Cooperative Club is a 10-person housing cooperative between Harvard and Porter Square in Cambridge – part of the Greater Boston area. They are dedicated to living ecologically sustainable lives, learning from each other, governing by consensus, and contributing to the local community. Read more about Cambridge Cooperative Club...

Harvest Co-op Markets

Founded in 1971, Harvest Co-op Markets is a member-owned cooperative with two stores in the greater Boston area: one in Cambridge’s Central Square, and one in Jamaica The co-op supports organic and sustainable agricultures, local farmers and food producers, and fair trade businesses. Unlike many co-ops that give a discount at the point of sale, Harvest returns a rebate based on any profit annually, enabling a more sustainable financial model for the co-op. Read more about Harvest Co-op Markets...

Green Economy

Boston Natural Areas Network

Founded in 1977, the Boston Natural Areas Network is dedicated to preserving and expanding urban open space – community gardens, urban wilds, and greenways – through community organizing and development, acquisition and ownership. As of 2006, the group had preserved 40 community gardens, has gained legal protection for 831 acres of urban wilds, and has helped create the Neponset River and East Boston Greenways. Read more about Boston Natural Areas Network...

Groundwork Somerville

Modeled after successful Groundwork organizations in the United Kingdom and an affiliate of Groundwork USA, a network of organizations established by the National Park Service, Groundwork Somerville is a community-based organization who mission is to promote the reuse of former brownfield sites and community revitalization in Somerville. Read more about Groundwork Somerville...

Transit-Oriented Development

Codman Square Neighborhood Development Corporation

Serving the Codman Square Neighborhood for more than 25 years, the Codman Square Neighborhood Development Corporation carries out it mission to improve the community’s quality of life and stabilization through affordable housing, economic development, and community building initiatives. Pushing smart growth and transit oriented development concepts, the group is advocating for transit equity - five new stops in their neighborhood - and new land and buildings around the line for development. Read more about Codman Square Neighborhood Development Corporation...

Fenway Community Development Corporation

Strengthening the Fenway neighborhood for more than 35 years, the Fenway Community Development Corporation has developed over 560 affordable homes, two playgrounds and after-school space, and has helped stabilize the neighborhood by increasing owner-occupancy by 35%. One of its most recent initiatives is its Urban Village Plan, organized by residents to transform the “strip” of gas stations, fast food huts, and parking lots along Boylston Street into a neighborhood Main Street with 2,500 units of mixed-income housing, ground floor retail, a neighborhood school and a community center. Read more about Fenway Community Development Corporation...

Jamaica Plain Neighborhood Development Corporation

Founded in 1977, Jamaica Plain Neighborhood Development Corporation benefits low-income Jamaica Plain residents through enabling community empowerment, fostering economic development, and developing affordable housing. To date, the group has developed more than 480 homes and created more than 1,000 jobs, As a member of Partners for Jackson, a collaborative effort to revitalize Jackson Square, JPNDC helped formulate a community-based plan focused on transit oriented development. Read more about Jamaica Plain Neighborhood Development Corporation...

Urban Edge CDC

Assisting the diverse communities in Jamaica Plain and Roxbury, Urban Edge CDC focuses on developing stable communities through constructing affordable housing and assisting small businesses and potential new homebuyers. As a member of Partners for Jackson - a team of community development corporations, non-profits and private developers - authorized by the Boston Redevelopment Authority, Urban Edge has worked on the redevelopment of 11.5 acres near Jackson Square, creating a model for mixed-income, mixed-use, transit-oriented development. Read more about Urban Edge CDC...

State & Local Investments

Create Boston

Believing that creativity is the core of Boston’s economic vitality and key to its economic growth, Create Boston focuses on helping expand the local sector of creative industries – music, film, design, media, and crafts. As a subsidiary of the Boston Redevelopment Authority, Create Boston provides local businesses with what they need to succeed – a connection to training programs, low-interest cash for capital improvements, or even a curb cut or loading zone. Read more about Create Boston...

Mass Ventures

In 1978, Massachusetts' state government established Mass Ventures (which was formally known as the Massachusetts Technology Development Corporation) to address the "capital gap" for start-up and expansion of early-stage technology companies. Read more about Mass Ventures...

Massachusetts Association of Community Development Corporations

Founded in 1982, the Massachusetts Association of Community Development Corporations is dedicated to supporting the affordable housing, economic development and community building strategies of its current 86 members, including 60 CDC members and 26 associate members. To date, the statewide association members have created 5,186 units of affordable housing, creating or preserving nearly 8,000 jobs, successfully helped pass legislation for $30 million for Brownfields redevelopment, and have attracted more than $828 million in private and public investments to local communities. Read more about Massachusetts Association of Community Development Corporations...

University & Community Partnerships

Jonathan M. Tisch College of Citizenship and Public Service

Based on Tufts Medford/Somerville campus, Jonathan M. Tisch College of Citizenship and Public Service supports faculty research in the area of civic engagement, partners to help the needs of local non-profits, and is active promoting stronger, healthier, and safer communities within the Medford, Somerville, Boston’s Chinatown and Graton neighborhoods. Providing a supplementary education to students at Tuft’s seven schools, Tisch College engages student through many different civic programs and projects. Read more about Jonathan M. Tisch College of Citizenship and Public Service...

MIT@Lawrence

Promoting civic engagement and partnerships between the students, faculty, and staff of MIT@Lawrence and Lawrence community residents and organizations, MIT@Lawrence promotes locally-led collective asset-building projects and research in three areas: affordable housing production; asset building as a economic and community development strategy; and youth pathways to education, careers, and community. Read more about MIT@Lawrence...

University of Massachusetts, Boston, College of Public and Community Service

Founded in 1972 to extend the University’s land grant mission by focusing on public and community service in urban areas and providing a liberal arts education with training for professional careers, the College of Public and Community Service includes programs that provide opportunities for field work and work experience. Read more about University of Massachusetts, Boston, College of Public and Community Service...

Program Related Investments

Massachusetts Community Economic Development Assistance Corp.

The Community Economic Development Assistance Corporation is a quasi-public intermediary that finances community development projects in low-income areas of metropolitan Boston. A 10-year, $1.5 million program-related investment from the Boston Foundation made in 2004 is expected to result in an additional 1125 units of housing for Greater Boston low-income individuals. Read more about Massachusetts Community Economic Development Assistance Corp....

Social Enterprise

Pine Street Inn

Founded in 1969, Pine Street Inn provides homeless individuals with shelter, services, and the means to become self-sufficient. Pine Street serves more than 1,300 each day, supplies 500 individuals and families with affordable housing, and, in 1998, began a program called STRIVE (Support and Training Result in Valuable Employees), a national job readiness program specifically tailored for homeless individuals. An average of 150 men and women annually complete programs in culinary training, building maintenance, literacy and other practical skill development through STRIVE. Read more about Pine Street Inn...

Local Food Systems

The Food Project

Striving to increase food security through creating sustainable, local food systems, The Food Project grows nearly a quarter-million pounds of organic food each year (a portion of which is grown on several acres throughout the Boston area), selling that food through Community Supported Agriculture crop "shares" and farmer markets, and partners with urban gardeners to help them remediate their soil. Read more about The Food Project...

Impact Investing

Walden Asset Managment

Founded in 1975, Walden has grown to have $1.5 billion in assets under management as of 2006. Walden and its clients have been involved in shareholder engagement with companies through dialogue and shareholder resolutions as well as social screening of their portfolios. Many Walden clients also participate in community investing. Since 2004, Walden has been a division of Boston Trust & Investment Management Company, an employee-owned firm. Read more about Walden Asset Managment...