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Boston Community Capital has changed its name to BlueHub Capital to reflect a growing national presence, the company said in a statement.
The company started in Boston in 1985, and since then has invested in communities and projects across the country with a focus on low-income and affordable housing.
“For over 30 years, as Boston Community Capital, we have been helping to build healthy communities where low-income people live and work,” BlueHub Capital CEO Elyse Cherry said in a statement. “Our new name, BlueHub Capital, embraces our national reach and speaks to our innovation and financial expertise in serving the needs of low-income communities.”
The company has built or preserved over 19,900 units of affordable housing, has invested in child care facilities serving over 13,00 children, has generated thousands of jobs and helped communities in health care, commercial real estate and mortgage endeavors. BlueHub Capital has invested over $1.4 billion in projects, and leveraged over $7 million in public and private investment in underserved communities, the company said in a statement.
