The FCTech project not only signifies a leap forward in educational infrastructure and programming but also stands as a significant contributor to job creation, both during the construction phase and in its ongoing operations. Throughout the construction period, the project will support 77 temporary jobs, with an anticipated $16.7 million in contracts (representing 35% of the total) expected to be awarded to businesses owned by people of color.
Once completed, the campus expansion will result in a total of 108 permanent full-time positions—24 more than the current count of 84.
"Our engagement with FCTech illuminates the critical role of accessible, technical education in empowering individuals and uplifting communities," said Brenda Loya, president of BlueHub Managed Assets, an affiliate of BlueHub Capital that leads its NMTC program. “The direct correlation between education and economic stability cannot be overstated. Through targeted investments like this, we aim to bridge the gap, ensuring that opportunities for growth and advancement are within reach for everyone. We are committed to supporting FCTech's mission and the positive ripple effects it has on students' lives and their communities."
FCTech focuses on technology-centric curricula, awarding degrees and certificates aligned with local employers' needs. Graduates enter the workforce with relevant skills, contributing to the Massachusetts economy. The college is committed to educating nontraditional students, providing a strategic opportunity for Greater Boston companies to expand their workforce.
FCTech is dedicated to empowering adults from underserved communities, including those from Dorchester, Roxbury, Mattapan, and surrounding areas. FCTech addresses the educational needs of individuals often overlooked by traditional colleges.
Beyond technical workforce training programs, FCTech extends a comprehensive support system through wraparound services. These services encompass emergency aid for students facing housing insecurity, an on-site food pantry, and a wellness collaborative with local institutions. This collaboration aims to increase access to primary and mental health services, ensuring students not only receive an education but also the support needed to overcome barriers to success.
About BlueHub Capital
BlueHub Capital is a mission-driven, nonprofit community development finance organization focused on building healthy communities where low-income people live and work. BlueHub uses innovative financial tools to support projects that make communities more vibrant places to live through 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). Visit BlueHub Capital's website for more information about our impact.
About Benjamin Franklin Cummings Institute of Technology
Founded in 1908 in Boston, Benjamin Franklin Cummings Institute of Technology is one of New England’s oldest colleges of technology. Started with a bequest from Benjamin Franklin and a matching gift from Andrew Carnegie, the private non-profit college offers an affordable education for people seeking technical careers. BFCIT is an affordable, urban college serving the Boston region and committed to student success and career readiness in technology fields. Through personalized support, hands-on learning, and industry-informed curricula, BFCIT prepares graduates for work, life-long learning, and citizenship. For more information, please go to www.bfit.edu.
