BlueHub Capital Names Karen Kelleher Next President of BlueHub Loan Fund
BOSTON, July 18, 2023 /PRNewswire/ -- BlueHub Capital, a national nonprofit community development financing organization, announced Tuesday the hiring of Karen Kelleher as the new President of BlueHub Loan Fund.
- Kelleher to Lead Community Development Financing Business Line, Centering a Commitment
BOSTON, July 18, 2023 /PRNewswire/ -- BlueHub Capital , a national nonprofit community development financing organization, announced Tuesday the hiring of Karen Kelleher as the new President of BlueHub Loan Fund. - As head of BlueHub Loan Fund, a community development financial institution (CDFI), Kelleher will be responsible for managing a team of 12 and overseeing new business development, loan originations, credit quality, portfolio management, measuring and communicating impact, financial self-sufficiency, innovative loan products and programs, partnerships and capitalization.
- Kelleher comes to BlueHub from LISC Boston, a peer CDFI that has worked extensively with BlueHub Loan Fund.
- A substantial majority of projects funded by BlueHub Loan Fund have been led by people of color and/or women, and almost all of BlueHub Loan Fund's lending is in low-income communities.