News & Events>July 2015
$100,000 Grant Boosts Impact
of Leviticus’ New York-Focused Lending
A $100,000 grant from Bank of America is providing valuable capital for Leviticus' community development lending throughout New York State.
The recent grant is the single largest contribution that Leviticus has received from Bank of America and arrives at a time when the Fund is managing a lending pipeline of over $13 million.
“The Leviticus Fund is experiencing its largest community development lending pipeline in its 32 year history,” said Greg Maher, Leviticus’ Executive Director. “The Bank of America’s grant is extremely timely and provides valuable equity capital that we can leverage with additional debt to meet the demand for affordable and supportive housing we are seeing within our New York market. We are deeply grateful to Bank of America for this generous support.”
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