Shelterforce Magazine Features BCC’s SUN Initiative

Tuesday, April 24, 2012

Boston Community Capital’s SUN Initiative was featured in the Shelterforce article “Stabilizing Urban Neighborhoods: Q&A with Elyse Cherry.”  The article, written by Miriam Axel-Lute, discusses the SUN Initiative and asks BCC’s CEO Elyse Cherry questions about the program.  Axel-Lute and Cherry discuss SUN’s 25% markup, redefault rate, getting to scale, and how SUN relates to other foreclosure prevention strategies like loan modifications and note purchases.

Read the article here.