Valley Home Insulation Receives Investment to Expand During Pandemic
Valley Home Insulation is a Latinx-owned company that offers residential insulation and weatherization services in Lawrence and the surrounding Merrimack Valley. Following the 2018 gas explosions, Columbia Gas offered 100% reimbursement for insulation and weatherization services on all homes it serves in the Merrimack Valley through the end of 2020. VHI leverages cultural competency and community presence to provide these services to low- and moderate-income residents of this region.
In 2020, BII provided VHI with a term loan, enabling them to expand their business and purchase an additional truck. BII’s loan also helped VHI hire a second crew of three workers at a living wage.
