Housing Partnership Fund, Florida Community Loan Fund
In Miami’s Coconut Grove, a group of residents had the foresight to stave off gentrification by purchasing prime real estate. Now they have chosen a development partner that will ensure they continue to have a voice in what is built there.
Nonprofit Finance Fund, Local Initiatives Support Corporation, Genesis LA, Reinvestment Fund, Chicago Community Loan Fund
Food production takes more than kitchens—it takes 360° support. Amped Kitchens creates turnkey food manufacturing facilities that remove barriers for food production companies of all sizes.
Rising rents put pressure on tenants—both exacerbating homelessness and challenging those dedicated to housing the homeless. BlueHub’s loan allowed Centerboard to purchase those rental properties to better serve its clients.
In New Hampshire, there have been limited options for the uninsured seeking a path to recovery from substance use disorder. Now a novel business model offers new hope.
After falling prey to a scam, LaShawn was about to lose her home to foreclosure. A judge advised her to look into BlueHub SUN. She got to keep her home and has since successfully refinanced out of the program, further stabilizing her finances.
With 66,000 people living on the street, Los Angeles County needs supportive housing that can be brought online quickly. This modular solution will cut construction time and costs but not quality.
New Atlantic Development, LLC & Dream Development, LLC
Location
Boston, MA
Financing Used For
Predevelopment
Loan Amount
$1.3 million
Loan Length
24 months
Partner(s)
The Life Initiative, City of Boston
This multi-use project in BlueHub’s own neighborhood of Nubian Square will feature affordable rental housing, homeownership units and a large artist workspace.
Acquisition & Renovation, Converting to Permanent Loan
Loan Amount
$7.2 million
Loan Length
96 months
Partner(s)
Hope Credit Union, Charter School Growth Fund
How do you support students in a failing school system? Start a new school. Set high standards. Insist on core values for both academic and life success.
LIFE stands for Leaders Influencing Freedom and Excellence. With BlueHub’s help, LIFE Academy opened its doors to welcome students to a new school focused on literacy and entrepreneurship.
