Kids' Meals, Inc., a Houston, TX nonprofit that delivers free, healthy meals 🍎 to preschool-aged children in need, is constructing a new 50,000 sqft Building Hope Campus. This expansion, supported by $32.5M in New Markets Tax Credits provided by BlueHub and Regions Bank, will increase meal distribution from 2.7M to over 7M meals annually, while also offering social services like financial literacy and job training. “Kids’ Meals research shows just how tight family budgets are. Their work is critical in addressing food insecurity, and we are proud to support them in expanding their reach,” said Brenda Loya, COO of BlueHub. 📽️ Learn more about this impactful project. #Houston #FoodInsecurity #Nonprofit #CommunityDevelopment #ImpactInvesting #BuildingHope #KidsMeals #BlueHubCapital #RegionsBank
BlueHub Capital
Non-profit Organizations
Boston, Massachusetts 2,908 followers
Investing in people and communities for an inclusive future
Über uns
BlueHub Capital is a mission-driven, nonprofit community development finance organization focused on building healthy communities where low-income people live and work. We use innovative financial tools and deploy capital to support projects that make communities more vibrant places to live. BlueHub has four distinct programs: BlueHub Loan Fund (community development financing), BlueHub SUN (foreclosure relief), BlueHub Energy (clean energy access) and One Percent for America (citizenship financing). Since our founding in 1985, BlueHub has invested over $2.4 billion (and leveraged over $12 billion) to finance: - Affordable housing, school facilities, child and youth development programs, community-based health centers, grocery stores, and community gathering places - Removing financial barriers to US citizenship - Clean energy enhancements that expand access to solar and other renewable sources for people with low incomes - Mortgage lending for families facing foreclosure Reducing economic inequality is at the heart of why BlueHub exists and why we do the work we do. Our investments focus on economically and racially marginalized communities that have been systematically denied access to capital.
- Website
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http://bluehubcapital.org
External link for BlueHub Capital
- Industrie
- Non-profit Organizations
- Größe des Unternehmens
- 11-50 Mitarbeiter
- Hauptsitz
- Boston, Massachusetts
- Typ
- Nonprofit
- Gegründet
- 1985
- Spezialitäten
- Community Development Finance, Foreclosure relief, affordable housing, and mortgage lending
Standorte
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Primäre
10 Malcolm X Blvd
Boston, Massachusetts, US
Employees at BlueHub Capital
Aktualisierungen
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🌱 BlueHub Capital is expanding its climate lending efforts to fund projects that support clean energy and climate resiliency in low-income communities. With newly appointed SVP of Climate Lending, Elizabeth Fish Glynn, leading our climate lending with BlueHub Loan Fund President Karen Kelleher, we’re preparing to tap into opportunities from the Greenhouse Gas Reduction Fund (GGRF) to drive equitable access to clean energy and sustainable housing solutions. BlueHub has invested over $100 million in renewable energy, energy efficiency and resiliency projects in the past decade. Read more in Boston Business Journal: https://lnkd.in/eBzUYZWt #ClimateLending #GreenFinance #CleanEnergy #CommunityImpact #BlueHubCapital #Resiliency
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🏗️ BlueHub Loan Fund is supporting the $51 million redevelopment of the historic Worcester Boys Club into Residences on Lincoln Square – an affordable housing community for adults 55+ led by #WinnDevelopment. This project will breathe new life into a 94-year-old building while creating 80 affordable homes for seniors. Designed to meet Passive House energy standards, the development will offer all-electric, energy-efficient homes, contributing to Worcester, MA's climate goals. Sixty-eight units will be available to households earning up to 60% of area median income (AMI), with additional units reserved for those earning up to 30% AMI and residents with disabilities. Read the full story reported by #BostonRealEstateTimes: https://lnkd.in/eB7qPyuX. #AffordableHousing #HistoricPreservation #SustainableDevelopment #SeniorHousing #AdaptiveReuse #BlueHubCapital #WorcesterDevelopment WinnCompanies
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📢 ANNOUNCEMENT: Jackie Barry Hamilton has been named BlueHub’s new CFO! Jackie has served as CFO at several organizations over her career, ranging from start-ups to large public companies, and has ample experience managing investor relations and raising capital. Her background will enable growth and continued innovation at BlueHub. Lisa Zappala has transitioned from CFO to Executive Vice President of Finance until her planned retirement in early 2025. Jackie will work alongside Lisa for the next several months to ensure a successful transition. "Jackie's fresh perspective will bring a new level of innovation to the organization, and her relationship-oriented leadership style will greatly benefit all our staff," said BlueHub CEO Elyse Cherry. Read more about Jackie's background and experience: https://lnkd.in/eSAjkqe4 #NewHire #CFO #CDFI #FinancialManagement #Boston
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Term of the Month: Adaptive Reuse Adaptive reuse is the process of repurposing buildings and spaces for new uses, transforming them to meet current needs while preserving their historical or architectural significance. This approach both revitalizes communities and supports sustainable development. BlueHub Loan Fund has financed several adaptive reuse projects, including The Wilder in Nashville, which transformed a former motel into a mixed-income housing development, and Memphis Merit Academy Charter School (MMA), which is turning a former Kroger and shopping mall into a K-8 school. 🎥 Hear from our Loan Fund President, Karen Kelleher, as she explains how adaptive reuse works and why it’s essential for building resilient communities. #AdaptiveReuse #SustainableDevelopment #CommunityImpact #AffordableHousing #BlueHubCapital #TermoftheMonthTuesday
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This #LaborDay, let’s recognize the value and contributions of every worker, including our immigrant workforce. In a recent Fast Company article, our CEO, Elyse Cherry, calls for greater support for immigrants seeking citizenship to strengthen our economy and workforce. BlueHub Capital's One Percent For America initiative is proud to make citizenship more accessible through 1% interest loans that cover citizenship application fees. When immigrants thrive, we all thrive! Learn more: https://lnkd.in/eYJDtSMq #Immigration #USCitizenship #OnePercentForAmerica 🌍🗽
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🎒📚 As students return to the classroom over the next few weeks, we’re proud to work with public charter schools across the country that provide quality education options to our communities. From Atlas Public Schools in St. Louis, MO, with its joyful, year-round learning model. To #BELIEVECircleCityHighSchool in Indianapolis, IN, which provides dual enrollment opportunities. To Promesa Academy Charter School in San Antonio, TX, fostering a nurturing environment for academic and emotional growth. To #LIFEAcademy in Montgomery, AL, focusing on leadership and entrepreneurship. These schools, along with many others we’ve financed, are making a real difference in the lives of their students. Here’s to a fantastic start to the school year! #BackToSchool #CharterSchools #EducationForAll #CommunityImpact #BlueHubCapital
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Learn how BlueHub, Codman Square Neighborhood Development Corporation, Fermata Energy and Enterprise Mobility are making EVs more accessible in the Dorchester neighborhood of Boston! 🚗⚡ In a special EV edition of Boston Globe Today, Gail Latimore, Executive Director of Codman Square Neighborhood Development Corporation, shares her insights: "Reducing gas guzzling diesel and other fumes is crucial for communities like ours, which have one of the highest rates of asthma in the commonwealth. This initiative impacts people's health and their pocketbooks." This first-of-its-kind pilot program leverages bi-directional chargers to allow EVs to not only charge but also supply power back to buildings, creating a sustainable and cost-effective solution for affordable housing developments. Our goal is to ensure low-income and environmental justice communities lead the way to a greener future. Learn more on Boston Globe Media: https://lnkd.in/dbXJ4tHQ #ClimateLending #EVs #ElectricVehicles #GreenEnergy #EnvironmentalJustice
Boston Globe Today | July 3, 2024 - The Boston Globe
bostonglobe.com
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📢 ANNOUNCEMENT: Elizabeth Fish Glynn has been named the Senior Vice President of Climate Lending at BlueHub Loan Fund. Betsy's extensive background in clean energy and housing, combined with her expertise in managing complex financial transactions, positions her to lead and expand BlueHub Loan Fund’s climate lending strategy. She has dedicated her career to advancing environmental justice and increasing access to clean energy for underserved communities. “We are very excited to welcome Betsy Glynn to the BlueHub team, not only for her deep expertise in clean energy but also for her commitment to environmental justice,” said Karen Kelleher, President of BlueHub Loan Fund. “Her addition will boost our technical, strategic and policy leadership capacity and enable us to increase our work fostering resiliency and environmental equity in and for underserved communities.” Read more: https://lnkd.in/eHAwByhk #NewHire #ClimateLending #CleanEnergy #ImpactInvesting #CDFI 🌍
Elizabeth Glynn joins BlueHub Loan Fund to lead Climate Lending
bluehubcapital.org