Building communities of opportunity

 
 

Opportunity Communities drives better results by unlocking the potential of our members to create equitable communities.

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Kathy McGilvray Accepts MassDevelopment Role; Jessica Boatright Appointed Interim CEO

Kathy McGilvray, OppCo’s CEO, will be stepping down in mid-October to accept a significant new role as Executive VP of Finance Programs at MassDevelopment. The Board of Managers has appointed Jessica Boatright as Interim CEO to ensure a smooth transition. Jessica is a proven community development leader with over two decades of experience in affordable housing, strategy, and innovation.

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Welcome to our new cohort of FEAHD fellows

The 2025-27 cohort of the Fellowship for Equitable Affordable Housing Development (FEAHD) is underway! Fellows started serving at CDCs across Massachusetts in August and kicked off FEAHD’s unique blend of skill building, mentorship and peer support in September. Through FEAHD, our fellows gain the skills to become project managers who are not only highly qualified but also deeply committed to community needs.

OppCo in action

 
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Scaling up home production 
With OppCo’s technical assistance, members have increased their real estate production activity by 157%. During 2024, 843 homes are in construction or in pre-development. Learn more

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North Shore CDC Joins OppCo
OppCo brought on North Shore CDC as its third member organization in August, 2022. OppCo seeks to grow to five members within the next several years. Please stay with us on this journey as we expand and grow by signing up for our newsletter.

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Homes for Equity
A path-breaking initiative that creates equitable access to homeownership for families harmed by housing discrimination. Learn more

Meet our members

We enable local community development corporations to remain rooted in community, while accruing the benefits of scale. Interested in becoming a member? Get in touch, or learn more about our model.

 

Latest news

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Kathy McGilvray Accepts MassDevelopment Role; Jessica Boatright Appointed Interim CEO
Kathy McGilvray Accepts MassDevelopment Role; Jessica Boatright Appointed Interim CEO

Kathy McGilvray, OppCo’s CEO, will be stepping down in mid-October to accept a significant new role as Executive VP of Finance Programs at MassDevelopment. The Board of Managers has appointed Jessica Boatright as Interim CEO to ensure a smooth transition. Jessica is a proven community development leader with over two decades of experience in affordable housing, strategy, and innovation.

The Kresge Foundation Features OppCo Housing Accelerator Fund
The Kresge Foundation Features OppCo Housing Accelerator Fund

In 2024, Opportunity Communities (OppCo)—a nonprofit dedicated to strengthening CDCs—launched the OppCo Housing Accelerator Fund (HAF). This revolving loan fund provides fast, affordable predevelopment and acquisition financing, giving CDCs the agility to compete in a high-cost housing market and preserve homes for long-term affordability.

First Citizens Bank Invests $1M in The Neighborhood Developers to Boost Affordable Housing Efforts
First Citizens Bank Invests $1M in The Neighborhood Developers to Boost Affordable Housing Efforts

OppCo is thrilled to announce that First Citizens Bank has invested $1 million through an Equity Equivalent Investment (“EQ2”) to support The Neighborhood Developers’ anti-displacement strategy. The funds will be managed by OppCo as part of the OppCo Housing Accelerator Fund.