Boston Community Capital Awarded $2.6 Million in CDFI Funding from U.S. Treasury Department

Monday, September 24, 2018

We’re delighted to announce that last week BCC received a $1.125 million Financial Assistance (FA) award and a $1.5 million Healthy Food Financing Initiative (HFFI) award from the CDFI Fund of the U.S. Department of Treasury for projects that help build healthy communities where low-income people live and work.

BCC is among 302 CDFIs receiving 2018 U.S. Treasury awards, and we received 15 previous CDFI Fund FA and HFFI awards. 

BCC’s mission to promote economic opportunity in low-income communities is more critical than ever. Thanks to the support of the CDFI Fund, we have been able to bring transformative development projects that create jobs along with affordable housing, education and childcare facilities, health care centers, energy resiliency, and healthy food options in distressed communities across the country.

As you know, we partner with individuals, as well as public, private, and civic groups to direct investment dollars into community development initiatives across the nation. To date, we’ve invested a total of $1.4 billion, and leveraged over $6 billion in support of our mission. You can read more about our impact.

We congratulate our fellow award recipients, the full list of whom can be found in the FY 2018 CDFI Program Award Book.