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Energy

Reducing energy costs with clean energy investments

Energy upgrades can deliver meaningful cost savings for affordable housing and community facilities. By helping mission-driven developers and facility operators access flexible capital, BlueHub Loan Fund is partnering to finance buildings that are more resilient, healthier to live in, easier and less expensive to manage, and better protected from energy cost spikes.

Inquire about a community development loan

Our energy financing work

BlueHub Loan Fund partners with nonprofit and for-profit developers of housing, education and childcare facilities, community centers, commercial real estate projects and solar arrays to design lending products that help build better buildings. We strike a balance between streamlined lending procedures and providing loans tailored to each project’s specific goals and timeline.

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Mishawum Park Apartments in Boston 
Photo by Marilyn Humphries.

From 2007 to 2025, BlueHub Energy was the hub of BlueHub’s resiliency work. Through innovative financing and business models, BlueHub Energy expanded access to solar and other renewable sources for people with low incomes, helping them build both economic and environmental resilience. 

Electric Vehicle Pilot 

BlueHub Energy partnered with Fermata Energy, Enterprise Holdings and Codman Square Neighborhood Development Corporation to launch a first-in-the-nation vehicle-to-grid (V2G) pilot program. Using a Nissan LEAF EV and bidirectional charging, the initiative provided low-cost electric vehicle access for residents of an affordable housing complex in Dorchester, MA, while generating income for the property through utility demand-response programs. The project aimed to lower transportation costs, reduce pollution and bring EV technology to communities historically left out of the transition. 

Solar Initiatives 

Starting in 2007, BlueHub Energy installed rooftop solar systems for affordable housing, nonprofits and municipal facilities, lowering electricity costs by up to 30% and stabilizing prices over time. Shared solar projects further reduced costs for dozens of developments and a pilot program delivered direct solar credits to residents, cutting electric bills by an average of 50%. Over time, these solar projects generated over 8 million kilowatt hours annually—enough to power 1,000 homes. BlueHub Energy’s policy advocacy contributed to reforms in Massachusetts solar incentives, enabling public housing organizations to benefit from renewable energy and yielding long-term cost savings and environmental benefits.  

Consulting 

BlueHub Energy built on its expertise in solar power to bring the benefits of sustainability to affordable housing and nonprofit facilities by investing in green technologies like WegoWise, a utility tracking software for multi-tenant buildings. In addition, it explored healthier and more cost-effective building materials, and developed pilots for emerging new energy markets. The goal of this work was to create better buildings that are cheaper to operate, easier to manage, healthier to live in and a source of pride for the people who live in and around them. 

Why Our History Matters 

Although BlueHub Energy is no longer active, it remains an important part of BlueHub’s legacy. It reflects our early leadership in advancing environmental equity and our ability to design and implement innovative, high-impact solutions. It demonstrates a longstanding commitment to sustainability, community resilience and system-level changes that continue to inform our mission today. For those looking to partner with us on climate-focused initiatives, our track record provides a strong foundation of experience and credibility in serving under-resourced communities through forward-thinking solutions. 

What we offer

We are creative, accessible, relationship lenders.

At BlueHub Loan Fund, we customize our financing to meet the unique needs of each borrower and project. We are life-cycle lenders, supporting projects throughout their development cycles, from early-stage predevelopment and acquisition financing, to permanent loans for stabilized projects, and every financing need in between. We also provide technical assistance when and where it is needed to help borrowers access financing.

We offer a full range of flexible loan products for clean energy projects, including:

We finance early-stage work to scope and design energy improvements. Examples include energy modeling, solar feasibility, engineering design and permitting costs.

We provide acquisition financing for projects that plan to incorporate clean energy. We may combine with predevelopment loans when needed.

We offer short-term financing for the installation of solar panels, energy-efficient HVAC systems, insulation or other green upgrades, prioritizing projects focused on electrification.

We provide bridge loans to cover gaps in expected funding. This helps projects stay on schedule while awaiting reimbursements.

For completed, stabilized properties with efficient energy systems in place, we can offer longer-term financing based on operational savings and revenue.

We work with borrowers to create financing tailored to their energy plans—whether it's a single building or a portfolio of retrofits.

We offer secondary loans for energy components when senior debt leaves a gap. These are typically tied to energy savings and long-term returns.

Contact us

To inquire about a loan for a community development project, please complete the form below. Please note that we do not provide small business loans.

Inquiry Form

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Meet our experts

Betsy Glynn

Senior Vice President of Climate Lending Community Development Financing | BlueHub Loan Fund

Betsy leads the development of loan products that support climate resiliency in low-income communities.

Elisabeth Davis

Vice President of Commercial Lending Community Development Financing | BlueHub Loan Fund

Elisabeth develops loan products to meet evolving needs of community development projects in underserved areas across the country.

Andrew Ericksen

Loan Officer Community Development Financing | BlueHub Loan Fund

Andrew works with other members of the Loan Fund team to generate, structure and underwrite community development loans for borrowers nationwide.

Karen Kelleher

President Community Development Financing | BlueHub Loan Fund

Karen is responsible for the impact, financial performance, portfolio quality and strategic direction of BlueHub Loan Fund.

Fortunatus Mbeteni

Vice President of Lending Community Development Financing | BlueHub Loan Fund

Fortunatus manages all aspects of providing debt capital to a diverse portfolio of borrowers nationwide.

Michael Nilles

Senior Vice President, Team Leader Community Development Financing | BlueHub Loan Fund

Mike markets BlueHub Loan Fund to potential borrowers, underwrites loan requests and conducts ongoing portfolio management.

Ron Wong

Vice President of Lending Community Development Financing | BlueHub Loan Fund

Ron manages all aspects of providing debt capital to a diverse portfolio of borrowers nationwide.

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