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Foreclosure Relief

BCC's Stabilizing Urban Neighborhoods (SUN) Initiative stops the displacement of families and the neighborhood-destabilizing effects of vacancy and abandonment by acquiring and financing foreclosed properties before evictions occur. To date, BCC has helped over 350 families remain in their homes.

Sustainability

With energy costs skyrocketing, BCC is fighting back, bringing large-scale solar installations to existing affordable housing developments and community facilities. Having generated over 8.4 million kilowatt hours of solar energy, BCC is one of the largest non-utility owners of solar PV systems in Massachusetts.

Community Facilities

"Be Kind. Work Hard. Get Smart." That’s the motto of the ground-breaking E.L. Haynes Public Charter School. With financing from BCC, the Washington, DC school significantly reduced the borrowing costs on its transformative new facility, preserving precious financial resources for programs.

Financing for Business

ESA’s point-of-care test for blood lead levels provides results in minutes, not days, so children are more likely to be diagnosed and treated. Venture funding from BCC fuels the company’s further social impact: supplying good jobs in a region that needs them.

Affordable Housing

Windale Developers has a dual focus, building great houses and great careers. A loan from BCC helped finance Windale’s development of Washington Commons, a mixed-income housing development in Roxbury. Windale also offers training to help subcontractors improve professionalism and win higher-paying jobs.

New Markets Tax Credits

BCC has invested over $394 million in distressed communities through the New Markets Tax Credit (NMTC) program. An NMTC loan from BCC helped preserve nearly a million acres of rural Maine as sustainable forest, along with 300 related at-risk forest-product jobs, and supported conservation easements and new eco-tourism businesses.

SUN Initiative

BCC's Stabilizing Urban Neighborhoods (SUN) Initiative helps MA residents facing foreclosure repurchase their homes with mortgages they can afford. Since launching the program in late 2009, BCC has helped over 350 families and individuals remain in their homes, reducing average monthly housing payments by more than 40%.