BCC purchased our first house through a community-based financing model. Allied loans are the foundation of this model, offering community members the opportunity to invest in their values. Allied loans are unsecured loans that individuals and organizations make to BCC. Loans are made at a fixed interest rate, and each loan is for a 5 or 10 year term with annual interest-only payments.
We are currently seeking investments from individuals and organizations to finance the purchase of our second house. If you are interested in investing, you can check out our Info for Prospective Lenders, find our loan commitment forms below, or contact us at bostoncommunitycooperatives AT gmail DOT com for more information.
Download a BCC Loan Commitment Form and invest today!
To read our latest Prospectus, click here.
To read a profile on BCC from the Coop Fund of New England, one of our lenders, go here.