Impact Stories

All Impact Stories

Filter by
Sector

Kids’ Meals, Inc.

Community Facilities
New Markets Tax Credits
Borrower
Kids’ Meals
Location
Houston, Texas
Financing Used For
Construction
Loan Amount
$32.5 million New Markets Tax Credit investment
Partner(s)
Regions Bank
Kids’ Meals in Houston is expanding with a new 54,000-sq-ft campus to double its reach, aiming to serve 6 million meals annually by 2031 and support over 10,000 families.




Benjamin Franklin Cummings Institute of Technology

Education
New Markets Tax Credits
Borrower
Benjamin Franklin Cummings Institute of Technology (FCTech)
Location
Roxbury, Massachusetts
Financing Used For
Construction
Loan Amount
$19.5 million New Markets Tax Credit investment
Partner(s)
Chase Bank
Franklin Cummings Tech is building a new 68,000-sq-ft campus in Roxbury’s Nubian Square to expand student capacity by 76% and provide cutting-edge tech training—advancing economic opportunity for low-income and nontraditional students.
Volunteers packing boxes at the Atlanta Community Food Bank.

Atlanta Community Food Bank

New Markets Tax Credits
Borrower
Atlanta Community Food Bank
Location
Atlanta, GA
Financing Used For
Organizational Support
Loan Amount
$13 million in New Markets Tax Credits
Partner(s)
Raza Development Fund, PNC Tax Credit Solutions Group
In 2021, the Atlanta Community Food Bank increased their food distribution by 65% to respond to rising food insecurity in the greater Atlanta community. A New Markets Tax Credit investment from BlueHub allowed them to swiftly address the exponential growth in demand.
" "

Lyme Cross City Forest Project

New Markets Tax Credits
Borrower
Lyme Cross City Forest Company, LLC
Location
Dixie County, FL
Financing Used For
Acquisition
Loan Amount
$15 million in New Markets Tax Credits
Partner(s)
AMCREF Community Capital
Lyme Timber Company, owner of subsidiary Lyme Cross City Forest Company, is unique among timber companies. They have a vision of sustainable forestry that focuses on both conservation and community development.
" "

The Swift Factory Redevelopment

Commercial Real Estate
New Markets Tax Credits
Borrower
Community Solutions, Inc.
Location
Hartford, CT
Financing Used For
Rehabilitation & Construction
Loan Amount
$16.8 million
Loan Length
6–96 months
Number of Loans
4
Partner(s)
MHIC
With support from BlueHub, an abandoned factory has been transformed into a thriving hub of opportunity that offers community space, shared office space and shared commercial kitchen space, with the various tenants creating more than 150 full-time, permanent jobs that are targeted at local residents.
" "

St. Polycarp Village Solar

Clean Energy
New Markets Tax Credits
Location
Somerville, MA
Financing Used For
Solar Panels & Installation
Every penny counts when creating and maintaining affordable housing. This development tapped into BlueHub’s expertise and financing to add solar panels to its roof, and lower its energy costs.
" "

Jones County Net-Zero School

New Markets Tax Credits
Borrower
Jones County School District
Location
Trenton, NC
Financing Used For
Construction
Loan Amount
$8 million in New Markets Tax Credits
Partner(s)
AMCREF Community Capital
BlueHub’s New Markets Tax Credit financing helped construct a new net-zero-energy school that returns more energy to the grid than it consumes, and provides a beautiful and healthy learning atmosphere.
" "

Church Hill North

New Markets Tax Credits
Borrower
Steve Markel
Location
Richmond, VA
Financing Used For
Construction
Loan Amount
$3 million in New Markets Tax Credits
Fresh food was identified as this community’s highest need. BlueHub partnered with local stakeholders to fund the Market@25th, a grocery store with a café, a bakery—and a new health center that provides screenings and education to area residents.

Main Office

1785 Columbus Ave., 6th Floor
Boston, MA 02119
617-427-8600 | info@bluehubcapital.org

Sign up for our newsletter

Linkedin Twitter Instagram

Mortgage loans are made by Aura Mortgage Advisors LLC, an affiliate of BlueHub Capital. Aura is a licensed mortgage lender (NMLS #23467) and is located at 1785 Columbus Ave., 6th floor, Boston, MA 02119.

Aura is registered and licensed by the CT Department of Banking (ML-23467), DE Office of the State Bank Commissioner (030760), IL Department of Financial & Professional Regulation (MB.6761025), MD Commissioner of Financial Regulation (36-23467), MA Division of Banks (MC23467), MI Department of Insurance and Financial Services (FL0023108), NJ Department of Banking and Insurance, OH Division of Financial Institutions (RM.804639.000), PA Department of Banking and Securities (61391), RI Department of Business Regulation, Licensed Lender, and WI Department of Financial Institutions (23467BA).

For licensing information, go to: nmlsconsumeraccess.org.

© 2021 BlueHub Capital. All Rights Reserved. 

Privacy Policy | Terms of Use

Design by OPUS

Equal Housing Lender
Equal Housing Opportunity
" "
Certified CDFI by the US Department of the Treasury
" "