BlueHub Loan Fund

BlueHub Loan Fund provides financing for affordable housing, education, healthcare and economic and environmental vitality – key elements to creating healthy communities. As a national, certified Community Development Financial Institution, we partner with other nonprofits, government and businesses to connect low-income communities with capital that generates economic opportunity and stability.

Economic equity is an enduring value at BlueHub Capital: We believe that everyone is entitled to live in a safe and economically vibrant neighborhood that offers affordable housing, good jobs and high-quality schools and services.

How BlueHub Loan Fund Builds Healthy Communities­

Since 1985, BlueHub Loan Fund has made loans totaling nearly $800 million to enhance the lives of individuals and families.

We build healthy communities by financing a broad range of projects:

  • Affordable Housing: 21,000+ units created or preserved
  • Healthcare: Facilities offering a comprehensive range of care to 150,000+ patients
  • Childcare: Facilities serving 13,600+ children
  • Education: Schools and youth programs serving 27,000 low-income students
  • Commercial Real Estate: Development of over 4 million square feet of commercial real estate
  • Jobs: Nearly 9,000 jobs created or retained since 2012
  • Healthy Food Retail: Facilities serving 128,000 customers annually
  • Sustainability: Collaboration with BlueHub Energy to bring energy resilience and cost savings to low-income communities 

We customize our financing to match the unique needs of each borrower and project, and offer a range of loan options:

  • Predevelopment
  • Acquisition
  • Construction
  • Permanent
  • New Markets Tax Credits Leverage Lending
  • State Tax Credit Intermediary Lending
  • Bridge Loans  

An Accountable and Trusted Partner

We work with our borrowers to ensure that our financing delivers powerful and positive benefits in the community.

For more than thirty years, we have asked questions that maintain our commitment to both the communities we serve and our financial partners:

  • Who does this project benefit?
  • Does this project have strong community support?
  • Will this project inspire future investment that benefits low-income community members?
  • Is the impact significant? Is the financial risk acceptable?

See Our Coast-to-Coast Impact

Our Investors

BlueHub Loan Fund serves as a vehicle for a wide range of impact investors who want their capital to promote healthy communities. Thanks to hundreds of investors and other partners, BlueHub Loan Fund provides financing that improves equitable access to opportunity.

Our investors include individuals; financial institutions, including other CDFIs; community foundations and religious, academic, and civic organizations; the CDFI Fund; and intermediaries such as the Opportunity Finance Network.

Invest in the BlueHub Loan Fund

 

Meet Our BlueHub Loan Fund Professionals:

Michelle Volpe, Loan Fund President: 617.427.3509 | mvolpe@bluehubcapital.org

Jennifer Angarita, Loan Officer: 617.933.5858 | jangarita@bluehubcapital.org

Nora Bloch, Senior Loan Officer: 617.427.3565 | nbloch@bluehubcapital.org

Elisabeth Davis, Loan Officer: 617.933.5852 | edavis@bluehubcapital.org

Sarah Kitterman, Senior Loan Officer: 617.933.5871 | skitterman@bluehubcapital.org

Mei See Law-Sandson, Loan Fund Portfolio Manager: 617.933.5863 | mlaw-sandson@bluehubcapital.org

Kathryn McHugh, Senior Loan Officer: 617.427.3608 | kmchugh@bluehubcapital.org

Michael Nilles, Senior Loan Officer: 617.427.3676 | mnilles@bluehubcapital.org

Sean O'Neill, Senior Portfolio Analyst: 617.933.5855 | soneill@bluehubcapital.org

Julie Shea, Loan Officer: 617.933.5887 | jshea@bluehubcapital.org

All BlueHub Capital Staff Bios

Coast to Coast Impact - 28 states

Alabama

California

District Of Columbia

Florida

Georgia

Illinois

Kentucky

Louisiana

Maine

Massachusetts

Nebraska

New Hampshire

New Jersey

North Carolina

North Dakota

Oregon

Pennsylvania

Rhode Island

South Carolina

Texas

Virginia

Washington

West Virginia

Wisconsin

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  • Low-income communities and residents need and are entitled to the same expertise and the same expectations of excellence that are available to their wealthier neighbors.

  • Isolation is the hallmark of unhealthy communities and organizations. We endeavor to stand at the intersection of multiple constituencies and to work to break through silos.

  • Asking the right questions is a root source of leadership. As our world evolves, our questions must evolve.

  • "We must be the change we want to see in the world." -Mahatma Gandhi

  • Since 1985, we have invested more than $1.4 billion to support
    organizations and businesses that benefit underserved communities.