SCC develops affordable rental and ownership units and commercial space in Somerville to maintain and strengthen the socioeconomic diversity of the City. We have developed, own, and operate more than 330 units of rental housing, more than 20 affordable condominiums, and multiple commercial spaces for local business. We collaborate with the City, the Commonwealth, for-profit and nonprofit developers, lenders and funders to fight displacement and keep Somerville affordable and accessible to all.
The First Source Jobs Program helps local job seekers gain the skills and training they need to establish a career pathway resulting in good jobs, career growth, and economic resiliency, while providing employers with qualified, local job candidates. We work to advance economic opportunity for residents and workers most at risk of displacement and marginalization in Somerville and Boston’s metro north region. We help job seekers identify and overcome barriers to employment, support job readiness skill development, get and keep a job, build social capital and peer support, and become leaders in the community.
SCC’s financial literacy and economic opportunity programming work to counter years of unjust economic policies by helping people build wealth and find financial stability. Our First Time Homebuyer classes help people better understand the often intimidating process of saving for and purchasing a home, as well as how to access programs that can make doing so more accessible. Our Financial Literacy classes help people learn how to save, decrease debt, understand credit and banking, budget and achieve their financial goals. Our Digital Literacy classes help people have little or limited computer skills which will help them to thrive in a world that is becoming more and more technologically based. This work is critical to realizing sustainable equity in the City of Somerville.
We at East Cambridge Savings Bank and our Charitable Foundation support Somerville Community Corporation (SCC) in their efforts to sustain affordable housing and maintain social equality in the City of Somerville. SCC recognizes the importance of maintaining the City’s cultural diversity and works diligently to preserve it for future generations. The dedication and enthusiasm of the staff at SCC is evident in the accomplishments of the organization. It is imperative that the SCC receive financial support from community leaders so that it may continue with its very important work.”