The Loan Fund

Founded in 1984 to meet the credit needs of organizations and communities traditionally denied access to capital, the Loan Fund has been the core of Boston Community Capital’s business lines. We provide innovative, flexible loan capital that is scarce or simply not available from conventional sources in the communities in which we work. In recent years, as credit markets tightened, the Loan Fund has continued to play a critical role in financing the community-based projects and facilities that enhance and stabilize fragile communities in a time of economic uncertainty. These activities provide employment and services to low-income residents, improve community health, and create long-term opportunities for these communities and the people who live in them.


Our Lending Programs:

Following our belief that a healthy community has access to a diverse range of products and services, we lend to a wide variety of institutions providing a range of services that benefit low-income individuals and families.

Our lending supports:


Our Loan Products:

The hallmark of our loan products is our ability to provide patient, flexible, and targeted capital to move high impact projects forward. Our lending solutions are customized to the needs of the borrower and the project, and include a range of options:

  • Predevelopment
  • Acquisition
  • Construction
  • Permanent
  • NMTC Leverage Lending
  • State Tax Credit Intermediary Lending
  • Bridge of Financing or Committed Project Sources


Boston Community Loan Fund’s reach extends throughout New England, the Mid-Atlantic, and down the South-Eastern coast. We have expanded our impact by working closely with trusted financing partners to fund critical projects in new geographies.

To date, we have made loans in the following states and districts:

  • Massachusetts
  • Rhode Island
  • Connecticut
  • New York
  • New Jersey
  • Pennsylvania
  • District of Columbia
  • Maryland
  • Virginia
  • Florida
  • Tennessee

View case studies by state or view the map:

View The Map


Our Impact:

Boston Community Loan Fund has made loans totaling over $500 million to affordable housing developers and nonprofit organizations enhancing the lives of low income individuals and families. Our lending has enabled the creation or improvement of:

  • Over 19,900 units of quality affordable housing
  • Child care facilities serving over 13,000 children
  • Health care facilities providing a comprehensive range of care to over 129,100 patients
  • Schools and youth programs serving over 15,500 low-income students
  • Over 2 million square feet of commercial real estate and community facilities stabilizing distressed communities

Preserving Affordable Housing For Families and Senior Citizens

Boston Community Loan Fund’s loan to Mount Pleasant Homes helped to create and preserve affordable housing for Jamaica Plain seniors, allowing them to remain engaged members of their community as they age.

See Impact Study ››

  • Low-income communities and residents need and are entitled to the same expertise and the same expectations of excellence that are available to their wealthier neighbors.

  • Isolation is the hallmark of unhealthy communities and organization. We endeavor to stand at the intersection of multiple constituencies and to work to break through silos.

  • Asking the right questions is a root source of leadership. As our world evolves, our questions must evolve.

  • "We must be the change we want to see in the world." -Mahatma Gandhi

  • Since 1985, BCC has invested more than $1 billion to support
    organizations and businesses that benefit underserved communities.