Successful Program Keeps People in Their Homes, Avoiding Foreclosure
July 26, 2011 | From the field | Impact Investments

Boston Community Capital — a community development financial institution — has been leading a successful effort to purchase foreclosed homes and sell them back to the original occupants through their Stabilizing Urban Neighborhoods program, which has already helped 125 Boston-area families over the past year. Boston Community Capital is a winner of the MacArthur-supported NEXT Awards for Opportunity Finance. Watch related CBS Evening News story.