Boston Community Capital
Delaware Township, New Jersey   Jan 2010

Environmental Benefits

Greenhouse Gas Emissions Reduced By:

1,465,752 lbs of CO2
15,148 of SO2
13,771 of NO

Boston Community Capital is a community development financial intermediary whose mission is to create and preserve healthy communities where low-income people live and work. BCC's Venture Fund makes equity investments in high-potential, emerging businesses that create a "double bottom line" of financial and social return to strengthen and build businesses that help to build healthy communities.

The Solar Energy Advantage Program is the first phase of BCC's holistic process established to finance energy conservation, efficiency, renewable energy and environmental improvements for affordable housing. The Solar Energy Advantage Program installed 5,000 rooftop solar panels at five affordable housing facilities serving 1,000 families across the Commonwealth of Massachusetts.

All told, Borrego solar installed nearly a megawatt of solar capacity which at the time was equal to 17% of all the solar in Massachusetts. The Solar Energy Advantage Program will generate one million kilowatts hours of power annually, generating from 15-67% of each affordable housing development's electricity (depending on the size and location of the project). In addition to stabilizing the properties' energy costs, BCC's program provides for the installation and maintenance of the solar panels at no additional cost to the affordable housing developments.