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Boston Community Capital

Program

BCC provides community builders with a range of financial services and products, including loans, equity investments, and technical assistance. It operates through four subsidiaries:

Boston Community Loan Fund (BCLF), the program in which Calvert Foundation invests, finances affordable housing, child care facilities, and community organizations that serve low-income communities.

Boston Community Venture Fund (BCVF) invests in emerging, high-potential businesses that create jobs, goods, and services to low-income communities. BCVF seeks companies that offer a "double bottom-line" of social and financial returns.

Boston Community Managed Assets (BCMA) develops new business initiatives and innovative funding vehicles for low-income people and communities, including BCC's New Markets Tax Credit Program.

Aura Mortgage Advisors is a mortgage brokerage business dedicated to helping people understand the mortgage process and own a home they can afford. Our mission is to educate future hopeful homeowners on the perils of predatory lending practices, teaching them how to pick the right mortgage options, and helping them make well informed decisions throughout the process.

Investments by individuals, banks, religious organizations, foundations, and institutions such as Calvert Foundation provide the lending capital to BCC. Loans have a $1,000 minimum and a minimum term of one year, and earn 0-4% interest.

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