White House Author
CEO, Boston Community Capital
Elyse Cherry is Chief Executive Officer of Boston Community Capital, a leading community development financial institution that pursues bold, innovative solutions for defeating poverty. Under her leadership, Boston Community Capital has invested nearly $1 billion in projects that build healthy communities where low-income people live and work, including affordable homes for more than 15,000 families, child care facilities and schools serving over 14,000 youths, and community health centers serving over 81,000 patients annually. Its nationally recognized SUN Initiative has kept hundreds of families facing foreclosure in their homes, with mortgages they can afford. Boston Community Capital’s solar initiatives help low-income communities and nonprofits gain access to the cost savings and price stability of solar power and participate in efforts to address climate change. To date, Boston Community Capital has placed over 17,600 panels on the roofs of affordable housing and community facilities, which reduce carbon emissions by the equivalent of 6.7 million miles of car travel.