We meet entrepreneurs where they are
Since 2017, BII has deployed $18 million across New England through flexible debt and equity financing to businesses, cooperatives, and real estate projects.
Directly from Our Portfolio
Housing Corp of Arlington (HCA)
Housing Corporation of Arlington (HCA) is a well-established non-profit community development corporation dedicated to creating and preserving affordable housing in Arlington, Massachusetts. HCA operates comprehensive housing programs including affordable housing development and management, homelessness prevention services, and energy efficiency upgrades for low-income homeowners. The organization has built strong community relationships and successfully completed LIHTC deals throughout its history. In September 2025, BII provided subordinated debt financing to support HCA's acquisition of 59 affordable housing units at 840-846 Massachusetts Avenue and 1517 Newman Way, preserving critical Naturally Occurring Affordable Housing (NOAH) in a gentrifying area. This tenant-driven acquisition serves residents across…
Renew Energy Partners
Renew Energy Partners is a Boston-based energy efficiency project development firm that specializes in decarbonizing commercial buildings in New England. In 2014, BII joined as an anchor investor in Renew’s collaborative project with HEET, a local non-profit that focuses on bringing efficiency upgrades to underserved markets. The joint program brings upfront financing and project management to retrofit Greater Boston’s non-profit buildings and historic houses of worship to reduce energy costs and use across the sector.
Wellspring Harvest
Wellspring Harvest provides fresh, local, and sustainable produce year-round while fostering economic empowerment in the community. As a worker-owned cooperative, they operate the largest urban greenhouse in Massachusetts, located in Springfield. They sell hydroponic lettuce and herbs to commercial and institutional customers, including local supermarkets, hospitals, and schools. In 2016, the BII Pilot Fund provided a loan for startup costs.
Rabbit Hole Housing Cooperative
Rabbit Hole Housing Cooperative (RHH) is a group-equity housing cooperative in Portland, Maine, dedicated to providing affordable, safe, and welcoming housing for the queer and transgender community. RHH operates under democratic governance using Sociocracy 3.0 principles, with four councils (Organizing, Finance, Membership & Events, and Maintenance) that ensure all affected members participate in decision-making. The cooperative features a low share buy-in paid over 12 months, making membership accessible while building collective ownership. In 2025, BII provided acquisition financing to support RHH's purchase of a 7,215 square foot property with capacity for 8-9 bedrooms that will serve founding members and future…
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