BlueHub Capital
BlueHub Capital is a nonprofit Community Development Financial Institution that provides flexible loans, NMTC allocations, and foreclosure relief to support affordable housing, community facilities, healthcare, clean energy, and citizenship financing in underserved US communities.
- Company typePrivate
- Founded1985
- HeadquartersBoston, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingServices
What BlueHub Capital does
BlueHub Capital is a nonprofit Community Development Financial Institution (CDFI) founded in 1985 in Boston (originally as Boston Community Capital, rebranded in 2021) that deploys flexible, patient capital into low-income urban and rural communities across the United States. Its operating model is structured around five business lines: BlueHub Loan Fund (a full lifecycle lender providing acquisition, predevelopment, construction, bridge, permanent and subordinate loans for affordable housing, community facilities, healthcare, education and healthy food projects), BlueHub SUN (a foreclosure relief program that refinances or repurchases distressed mortgages and resells homes back to original owners with affordable terms), BlueHub Energy (clean energy lending for low-income communities), One Percent for America (1% interest loans to immigrants for USCIS citizenship fees), and a New Markets Tax Credit (NMTC) program operating across 21 states. To date, the organization has received 11 NMTC allocations totaling more than $690 million from the US Department of the Treasury, deployed over $2.4 billion of capital and leveraged more than $12 billion for community development, with an S&P 'A' rating achieved in September 2021.
The underlying business model is a hybrid of federal subsidy intermediation, tax credit allocation, and direct lending. BlueHub generates revenue through net interest income on its loan portfolio, fee income from originating and servicing NMTC transactions, recurring federal grants from the CDFI Fund and other Treasury programs, and debt issuance (notably an $86.8 million sustainability bond offering in 2024 that included the first tax-exempt bond by a CDFI). Capital is sourced from institutional equity investors (Chase, Regions, Capital One, J.P. Morgan, U.S. Bancorp, Eastern Bank), federal agencies, philanthropic foundations (Eastern Bank Foundation, CBA Fund), and bond markets, then deployed alongside co-CDFIs (PCDC, Capital Impact Partners, Leviticus Fund, IFF, Capital Fund) in structured multi-allocatee transactions that lower the cost of capital for end borrowers.
Go-to-market is relationship-driven rather than product-led: loan inquiries are managed through a web form and direct outreach by a team of senior relationship lenders (Elisabeth Davis, Betsy Glynn, Michael Nilles, Fortunatus Mbeteni), while mission-aligned marketing is amplified through podcast appearances, regional business media (Boston Business Journal, Banker & Tradesman), Fast Company contributed articles, and an organic social presence. Customer segments are institutional (nonprofit and for-profit developers, healthcare centers, schools, food access nonprofits) plus two direct-to-consumer segments (distressed homeowners via BlueHub SUN and immigrants via One Percent for America). The organization has 11-50 employees and is headquartered at 1785 Columbus Ave., 6th Floor, Boston, MA.
BlueHub Capital firmographics
Firmographics- Name
- BlueHub Capital
- Legal name
- BlueHub Capital
- Website
- https://bluehubcapital.org
- Company type
- Private
- Founded year
- 1985
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BlueHub Capital is a nonprofit Community Development Financial Institution that provides flexible loans, NMTC allocations, and foreclosure relief to support affordable housing, community facilities, healthcare, clean energy, and citizenship financing in underserved US communities.
- Ownership category
- akta.pro rank
BlueHub Capital industry classification
Industry- Product category
- Community Development Finance
- NAICS
- Nondepository Credit Intermediation (5222)
- SIC
- Short-Term Business Credit Institutions (6153), Miscellaneous Business Credit Institution (6159), Personal Credit Institutions (6141)
- akta.pro primary industry
- Impact Investing & Social Finance (Funds, CDFIs, Microfinance) (BPAGALAA)
- akta.pro secondary industries
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI), Microloans & Working Capital Loans (FSAKAGAA)
Keywords
Where BlueHub Capital is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
BlueHub Capital business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Loan Interest Income: BlueHub Loan Fund generates revenue through interest on community development loans including acquisition loans, bridge loans, construction loans, permanent loans, predevelopment loans, and subordinate loans for affordable housing and community facilities.
- New Markets Tax Credit Allocations: BlueHub Capital receives NMTC allocations from the US Department of Treasury and deploys them to support community development projects. The organization facilitates private investments and lowers cost of capital for qualifying projects.
- Federal Grants: BlueHub receives grant funding from government sources including the US Department of Treasury's CDFI Fund to support lending activities in low-income communities.
- Sustainability Bond Issuance: BlueHub Loan Fund issues sustainability bonds to raise capital for community development projects including affordable housing, schools, and solar power projects.
- One Percent for America - Citizenship Loans: Nonprofit online platform offering 1% interest loans to immigrants for citizenship fees, generating interest income on loan portfolio.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | One Percent for America - 1% Interest Loans for Citizenship |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels9 records
BlueHub Capital product offering
Product offeringCore offering
BlueHub Capital is a nonprofit Community Development Financial Institution (CDFI) that deploys flexible loans and tax credit capital to support affordable housing, community facilities, healthcare centers, schools, commercial real estate, clean energy, foreclosure relief, and citizenship financing in low-income communities. Its lending spans the full project life cycle (predevelopment, acquisition, construction, bridge, permanent, and subordinate loans) and is augmented by New Markets Tax Credit allocations, sustainability bond issuances, and federal grants.
Product overview
BlueHub Capital operates as a nonprofit community development financing organization with four distinct programs: BlueHub Loan Fund (community development financing), BlueHub SUN (foreclosure relief), BlueHub Energy (clean energy access), and One Percent for America (citizenship financing). The BlueHub Loan Fund is the core lending vehicle providing a full suite of loan products including acquisition loans, construction loans, bridge loans, permanent loans, predevelopment loans, organizational lines of credit, and subordinate loans for affordable housing, education facilities, community health centers, commercial development, and healthy food access projects. The NMTC Program supplements these offerings by facilitating private investments in underserved communities through tax credit allocations.
Differentiator
Problem solved
Functional benefit
Brands
- BlueHub SUN: A nonprofit foreclosure relief program that helps families facing foreclosure stay in their homes as homeowners by refinancing or buying homes in foreclosure and selling them back to original homeowners with new affordable mortgages.
- One Percent for America
Products and services
- BlueHub Loan Fund
- BlueHub SUN (Stabilizing Urban Neighborhoods)
- BlueHub Energy
- One Percent for America
- New Markets Tax Credits (NMTC) Program
- Acquisition Loans
- Construction Loans
- Bridge Loans
- Permanent Loans
- Predevelopment / Preconstruction Loans
- Organizational Lines of Credit
- Subordinate Loans
Quantifiable outcome
- 38,600+ affordable housing units built, preserved or enhanced
- +7 more outcomes
Companies that use BlueHub Capital
Customer profileNamed customers7 records
Segments5 records
Ideal customer profiles5 records
BlueHub Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BlueHub Capital partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered supporting and core.
- Capital Peak Partners, LLCsupportingCapital Peak Partners served as NMTC advisor for the Salina Family Healthcare Center transaction.
- Classic LakesupportingClassic Lake was engaged by Kids' Meals as NMTC advisor, structured the transaction, raised funds in support of construction, and assisted with navigating the process.
- Aura Mortgage Advisors LLCcoreAura Mortgage Advisors LLC is an affiliate of BlueHub Capital and licensed mortgage lender (NMLS #23467) providing mortgage loans. Aura operates from the same Boston office location.
Scale indicators17 records
Recent moves6 records
Expansion highlights5 records
BlueHub Capital competitors and assessment
Company assessmentDirect peers
- Local Initiatives Support Corporation (LISC): One of the largest national CDFIs with extensive affordable housing, community development, and NMTC financing operations across the U.S. Directly comparable to BlueHub's Loan Fund and NMTC activities, with deeper geographic and balance-sheet scale.
- Enterprise Community Partners: Major national CDFI providing affordable housing finance, NMTC allocations, and community development lending. Connie Max previously led Green Lending at Enterprise, and the firms operate in overlapping geographies and use similar federal program tools.
- Capital Impact Partners: National CDFI focused on community development, affordable housing, and healthcare financing. Partnered with BlueHub on the St. Emeric supportive housing project as part of a 'Justice League of CDFIs' coalition.
- Nonprofit Finance Fund: National CDFI providing loans, asset-building grants, and advisory services to nonprofits and communities. Connie Max served as CCO prior to joining BlueHub, indicating direct talent and operating model overlap.
- IFF: Regional CDFI serving the Midwest with affordable housing, charter school, healthcare, and community facility financing. Joined BlueHub as a co-allocatee on the Salina Family Healthcare Center NMTC transaction.
- Reinvestment Fund: National CDFI providing financing for affordable housing, education, healthcare, and healthy food access. Highly comparable business model to BlueHub Loan Fund with similar NMTC and community facility focus areas.
- Low Income Investment Fund (LIIF): National CDFI financing affordable housing, education, and community facilities in low-income communities. Overlapping mission, product mix, and federal program dependence with BlueHub Loan Fund.
- Primary Care Development Corporation (PCDC): CDFI focused on primary care financing and NMTC deployment for community health centers. Partnered with BlueHub on multiple healthcare facility investments including Lowell Community Health Center.
Regional players
- Coastal Enterprises Inc (CEI): Maine-based CDFI providing capital to underserved businesses, natural resource industries, and community facilities. Comparable CDFI model with more regional focus and smaller national footprint than BlueHub.
Emerging players
- Calvert Impact Capital: Impact-focused Community Development Entity that raises and deploys capital into CDFIs and community development investments. Complementary to BlueHub's NMTC strategy and sustainability bond investor base.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BlueHub Capital social profiles
Digital presenceBlueHub Capital compliance and trust
Trust signalCompliance3 records
BlueHub Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
BlueHub Capital leadership team
Management profileNumber of profiles
Profiles20 records
BlueHub Capital subsidiaries and ownership
Company hierarchySubsidiaries6 records
BlueHub Capital funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BlueHub Capital M&A and investment
M&A and investmentM&A
Investments5 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BlueHub Capital
What does BlueHub Capital do?
BlueHub Capital is a nonprofit Community Development Financial Institution (CDFI) that deploys flexible loans and tax credit capital to support affordable housing, community facilities, healthcare centers, schools, commercial real estate, clean energy, foreclosure relief, and citizenship financing in low-income communities. Its lending spans the full project life cycle (predevelopment, acquisition, construction, bridge, permanent, and subordinate loans) and is augmented by New Markets Tax Credit allocations, sustainability bond issuances, and federal grants.
Is BlueHub Capital a public or private company?
BlueHub Capital is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was BlueHub Capital founded?
BlueHub Capital was founded in 1985. It employs 11 to 50 people.
Where is BlueHub Capital based?
BlueHub Capital is headquartered in Boston, United States, in the North America region.
How does BlueHub Capital make money?
Five revenue lines are on record. Loan Interest Income is the primary driver. The others are new Markets Tax Credit Allocations, federal Grants, sustainability Bond Issuance and one Percent for America - Citizenship Loans.
Who are BlueHub Capital's main competitors?
Direct peers on record are Local Initiatives Support Corporation (LISC), Enterprise Community Partners, Capital Impact Partners, Nonprofit Finance Fund, IFF, Reinvestment Fund, Low Income Investment Fund (LIIF) and Primary Care Development Corporation (PCDC). Coastal Enterprises Inc (CEI) is listed as a regional player. Calvert Impact Capital is listed as an emerging player.
Does BlueHub Capital have an API?
No public API is recorded for BlueHub Capital.
What industry is BlueHub Capital in?
BlueHub Capital's product category is Community Development Finance. Its primary akta.pro industry code is BPAGALAA, Impact Investing & Social Finance (Funds, CDFIs, Microfinance), with a secondary code of FSAKAGAI, SBA/Government-Backed & Development Finance Loans. Its NAICS code is 5222 and its SIC code is 6153.