As BlueHub Loan Fund President, Michelle has overall responsibility for the $600 million Fund, composed of more than 200 affordable housing and community and economic development loans. She is responsible for BlueHub Loan Fund’s impact, strategic direction and financial self-sufficiency and sustainability. 

Michelle leads capital-raising activities for BlueHub Loan Fund, including public and private sources and has 25 years of expertise in structuring financial transactions that allow borrowers to create healthier communities where low-income people live and work. She is responsible for loan origination, credit quality and portfolio quality. Michelle initiates new strategic directions and relationships for BlueHub Loan Fund and works closely with borrowers, community groups, the Governing Board, Loan Committee and Advisory Board to design flexible and adaptive financial products. She manages a team of 11 lending and impact professionals.

Michelle joined BlueHub Capital in 1995 as a Loan Officer, moving into a Team Leader role, and then becoming the Loan Fund President in 2012. Before joining BlueHub Capital, she was an Assistant Vice President at Bay Bank Boston, NA, and before that at Management Sciences for Health, a Boston nonprofit. Michelle was a Morehead Scholar at the University of North Carolina at Chapel Hill where she earned her B.A. with honors, and she holds a master’s degree from Yale's School of Management. Michelle serves on the advisory committees to the Federal Reserve Bank of Boston’s Working Cities Challenge efforts in MA, CT and RI and to Eastern Bank Charitable Foundation’s Business Equity Initiative; and serves on the Loan Committee for Nonprofit Finance Fund.

Photo: 
Title 1: 
President
Association 1: 
BlueHub Loan Fund
Team: 
Board of Directors
BCC Staff
Loan Committee
Director/Committee Association: 
BlueHub Capital
Machine Name: 
michelle-volpe
Department: 
Senior Management
BlueHub Loan Fund
Email: 
mvolpe@bluehubcapital.org
Phone: 
617.427.3509