Please join us in welcoming Massachusetts Pathways LLC and Sunwealth to the BII portfolio. BII made a follow-on loan with Tremendous Maid.
Massachusetts Pathways LLC, a collaboration between Commonwealth of Massachusetts, JVS Boston, and Social Finance, is the nation’s first adult education/employment Pay for Success Bond in the country. This $15 million project will provide adult education and employment services to nearly 3,000 individuals across the greater Boston area, north shore, and metro-west. BII made an investment into the project that will be repaid based on successful social outcomes. Learn more
Sunwealth is a pioneering clean energy investment firm determined to unleash the power of commercial solar by delivering meaningful returns and tangible impact. Sunwealth’s Boston Interfaith Solar Project provides project financing and development of solar on houses of worship. BII provided a loan to help finance clean energy on three houses of worship in Dorchester, Jamaica Plain, and Roxbury, thereby reducing their energy bills. Learn more
Tremendous Maid is a family-owned and operated residential and commercial cleaning business based in Dorchester. Dominican co-founders Rosa Tejeda, Victoria Amador and Nisaury Amador aim to increase employment and career opportunities for their community and have received accolades for their businesses’ impact in low-income neighborhoods. As a current member of the portfolio, BII made a follow-on loan to support business stabilization and growth. Learn more