Partners and Financial Summary
Community Lending
Wallace Campus Manager LLC
Poughkeepsie, NY
$3,500,000 Acquisition Loan
Concern Housing
2602 Pitkin Ave., Brooklyn, NY
$3,500,000 Acquisition/Predevelopment Loan
Community Access, Inc.
The Bryant, 1115 East 165th Street
Bronx, NY
62 units of affordable housing
$3,467,000 Acquisition/Predevelopment Loan
One of our largest loans in 2021 establishes a new relationship with a pioneer of supportive housing and social services for homeless seniors and other people with serious mental illness in New York City. This eight-story residential building will provide 62 units of affordable housing. Residents will have access to bike storage lockers, shared laundry room, computer room, library, lounge, media room, children’s playroom, a doorman, live-in super, and a community center with on-site social services for low-income or formerly homeless individuals with special needs.
Cranberry Village Residents Association, Inc.
75 Cranberry Road, Carver, MA
$3,000,000 Permanent Loan
St. Nick’s Alliance Corporation
819 Grand Street, Brooklyn, NY
$2,613,121 Acquisition Loan
Bowery Residents’ Committee
3966 10th Avenue, New York, NY
$2,500,000 Acquisition/Predevelopment Loan
Homes Now, Inc.
750 Lighthouse Road, Barnegat, NJ
$2,000,000 Construction Loan
Ashlar Construction LLC
Honey Locust Square, Bridgeport, CT
$2,000,000 Construction/Mini-Permanent Loan
The Community Builders
The Louella, 2064 Grand Concourse, Bronx, NY
$1,880,000 Predevelopment/Acquisition Loan
The Community Builders
29-32 Beach Channel Drive, Far Rockaway, NY
$1,000,000 Predevelopment Loan
Fortune Society, Inc.
258 W. 97th Street, New York, NY
$880,000 Bridge Loan
The Bridge
39 W. 128th Street, New York, NY
$752,625 Predevelopment Loan
Newburgh Community Land Bank
Newburgh, NY
$675,000 Construction/Bridge Loan
1045 Anderson Ave. HDFC
1045 Anderson Avenue, Bronx, NY
$578,000 Permanent Loan
Westhab, Inc.
76 Locust Hill Avenue, Yonkers, NY
$500,000 Predevelopment Loan
The Bridge
1159 Boone Avenue, Bronx, NY
$464,324 Predevelopment Loan
Community Housing Innovations, Inc.
2 Highland Place, Farmingville, NY
$450,000 Acquisition/Permanent Loan
Concern Housing
144 Abner Avenue, Holtsville, NY
$425,000 Acquisition/Permanent Loan
Housing Visions Consultants
N. Townsend & Butternut Streets, Syracuse, NY
$400,000 Permanent Loan
Atlantic Avenue HDFC
2178 Atlantic Avenue, Brooklyn, NY
$333,000 Permanent Loan
What happens when 16 families, many of whom have lived in their co-op building for generations, are in danger of losing their homes? As it turns out, it really does take a village. Read more about our partnership with Habitat for Humanity NYC that helped families save their homes and preserve wealth through homeownership.
Project Renewal, Inc.
225 E. 45th Street, New York, NY
$330,000 Predevelopment Loan
Housing Visions Consultants
414-416 W. Onondaga Street,
Syracuse, NY
$250,000 Predevelopment Loan
Housing Visions Consultants
Oval Wood Dish Factory
Tupper Lake, NY
$250,000 Predevelopment Loan
Housing Visions Consultants, based in Syracuse, develops, constructs, and manages real estate projects that revitalize communities. This loan will help them convert a 110,000-square-foot vacant factory into mixed-income housing and business use. The site was once home to the Oval Wood Dish company, which manufactured bowls, clothespins, bowling pins, tongue depressors, popsicle sticks, and the popular wooden spoons that came with cups of ice cream. The company moved to Tupper Lake in 1917 and closed in 1964. Since 2015, the Leviticus Fund has made lending commitments of $5.3 million to Housing Visions, creating or preserving 480 affordable or supportive units to help people in Central New York and the North Country.
2178 Atlantic Avenue HDFC leaders, photo courtesy Habitat for Humanity New York City and Westchester County
STATEMENT OF FINANCIAL POSITION
Financial Statements for the Years Ended December 31, 2021 and 2020
STATEMENT OF FINANCIAL POSITION
STATEMENT OF ACTIVITIES AND CHANGE IN NET ASSETS
Executive Director, Greg Maher (left) and Lending Associate, Jelani Jones (right) are pictured here with Kevin O’Connor, RUPCO’s CEO. Leviticus counts RUPCO as a strong partner in New York’s Hudson Valley and has provided financing support to efforts like the Kirkland Hotel and The Metro in Kingston, as well as scattered-site affordable housing in Newburgh.
GIVING TO LEVITICUS FUND
The Leviticus Fund welcomes donations of any size, which increase our lending capacity and allow our donors to give back to the communities where they live and work.
Throughout the year, the Leviticus Fund works with nonprofit developers, funders, and public officials to improve systems that serve our most vulnerable neighbors.
Our individual supporters empower the Leviticus Fund to further their values in high poverty communities and with individuals and families in need. When you make a gift to Leviticus in any amount, we put it to work with partners like The Bridge.
In 2018, the Leviticus Fund made a $3.28 million acquisition loan for property at 3500 Park Avenue in the Bronx. This fall, we helped cut the ribbon on a state-of-the-art, energy-efficient building that provides 46 affordable units to low-income families and seniors, as well as 69 furnished studio apartments to homeless veterans, homeless seniors with disabilities, and chronically homeless adults with mental illness.
At the Leviticus Fund, we finance buildings, but we invest in communities.
We thank you for your support.
Individual Donors
- Jonathan Beard & Rachel Theilheimer
- Lisa & Dick Cashin
- Mark Chandler
- Joan Correia, OP
- Joseph Coyle
- Bernadette Cronin-Geller
- Salvatore & Bernadette Del Bene
- Rose DiMartino & Karen Smith
- Rev. Kevin Donovan
- Mary Florin McBride & Guy Garandeau
- Jennifer Gamlen
- Jonathan Hummel & Joanne Edwards
- Rosemary Jeffries, RSM
- Carole Kakos
- Becky Koch
- Walter Korfmacher
- Maureen La Piana
- Sue Ellen & Greg Maher
- Leonora Maher, in memory: Joan Fernandez
- Robert & Mary Jean McCarthy
- Robert T. McCarthy
- Paul & Michele Meaney
- Kathy Murnion
- Mary C. Oberc
- John & Mary Beth Powers
- Ellenrita Purcaro, OP
- David Raynor
- Margaret Raynor
- Colleen M. Ryan
- Steve Sagner
- Peggy Scarano, OP
- Donald A. Smith, Jr.
- Frances Sullivan
- Anna Walsh
- Andrew Warren
- Clayton Warner
- Sabine Werner
- John & Linda Young
Organizational Donors
- Amalgamated Bank
- Amazon Smile
- Apple Bank for Savings
- Capital One
- Charities Aid Foundation of America
- HSBC Bank
- KeyBank Foundation
- M&T Charitable Foundation
- Morgan Stanley
- MUFG Union Bank Foundation
- Opportunity Finance Network
- People’s United Community Foundation
- PNC Foundation
- Ridgewood Savings Bank
- Santander Bank, N.A.
- Signature Bank
- Sterling National Bank Charitable Foundation
- TD Charitable Foundation
- Ursuline Convent of St. Theresa
- Webster Bank
- Wells Fargo
INVESTING IN LEVITICUS FUND
Do you want to foster social and environmental impact as well as earn a financial return? Become an impact investor with the Leviticus Fund, and we’ll put your resources to work helping people and communities in need. We offer investment opportunities to organizations and individuals.
Member Investors
- Albany Area Housing Opportunities, Albany, NY
- Brothers of the Christian Schools, Eatontown, NJ
- Augustinians of the Province of St. Thomas of Villanova, Villanova, PA
- Catholic Biblical Association, Washington, DC
- Church of St. Raymond, Bronx, NY
- Congregation of Holy Cross, Moreau Province, Austin, TX
- Congregation of Infant Jesus, Rockville Centre, NY
- Congregation of Notre Dame,
Wilton, CT - Congregation of the Blessed Sacrament, Cleveland, OH
- Crusade for Family Prayer, North Easton, MA
- Daughters of Divine Charity, Staten Island, NY
- Daughters of the Holy Spirit, Putnam, CT
- Daughters of Wisdom, Islip, NY
- Discalced Carmelite Nuns, Beacon, NY
- Dominican Sisters of Hope, Ossining, NY
- Dominican Sisters of Peace, Columbus, OH
- Dominican Sisters of Sparkill, NY
- Felician Sisters of North America, Beaver Falls, PA
- Franciscan Brothers of Brooklyn, NY
- Franciscan Sisters of Allegany, St. Bonaventure, NY*
- Franciscan Sisters of Peace, Haverstraw, NY
- Franciscan Sisters of Peekskill, NY
- Franciscan Sisters of the Atonement, Garrison, NY
- Georgian Court University, Lakewood, NJ
- Leadership Conference of Women Religious, Region 2, NY
- Marist Brothers of the Schools, Forest Hills, NY
- Maryknoll Fathers and Brothers, Ossining, NY
- Maryknoll Sisters, Ossining, NY
- Mercy Investment Services Inc., St. Louis, MO
- Montfort Missionaries, Bay Shore, NY
- Paulist Fathers, New York, NY
- Province of St. Mary of the Capuchin Order, White Plains, NY
- Redemptoristine Nuns, Beacon, NY
- Religious of the Sacred Heart of Mary, Tarrytown, NY
- Salesian Society, Province of St. Philip the Apostle, New Rochelle, NY
- School Sisters of Notre Dame Atlantic-Midwest Province, Baltimore, MD
- School Sisters of St. Francis, Milwaukee, WI
- Sisters of Charity of Halifax, Nova Scotia, Canada
- Sisters of Charity of New York, Bronx, NY
- Sisters of Charity of the Blessed Virgin Mary, Dubuque, IA
- Sisters of Mary Reparatrix, Allen Park, MI
- Sisters of Our Lady of Christian Doctrine, Nyack, NY
- Sisters of St. Dominic, Blauvelt, NY
- Sisters of St. Dominic, Caldwell, NY
- Sisters of St. Francis of Philadelphia, Aston, PA
- Sisters of St. Francis of the Neumann Communities, Syracuse, NY
- Sisters of St. John the Baptist, Bronx, NY
- Sisters of St. Joseph, Brentwood, NY
- Sisters of St. Joseph of Carondelet, Albany Province, NY
- Sisters of St. Joseph of Peace, Englewood Cliffs, NY
- Sisters of St. Joseph of Rochester, NY
- Sisters of St. Ursula, Rhinebeck, NY*
- Sisters of the Blessed Sacrament, Bensalem, NY*
- Sisters of the Divine Compassion, White Plains, NY
- Sisters of the Good Shepherd, Astoria, NY
- Sisters of the Holy Cross, Notre Dame, IN
- Sisters of the Order of St. Dominic, Amityville, NY
- Sisters of the Presentation of the Blessed Virgin Mary, New Windsor, NY*
- Sisters of the Resurrection, Castleton-on-Hudson, NY
- Sisters Servants of the Immaculate Heart of Mary, Malvern, PA
- Sisters Servants of the Immaculate Heart of Mary, Scranton, PA
- Society of Jesus, Northeast Province, NY
- Society of the Holy Child Jesus, American Province, Rosemont, PA
- The Sinsinawa Dominicans, Sinsinawa, WI
- Ursuline Convent of St. Teresa, New Rochelle, NY
- Ursuline Sisters of the Roman Union, Eastern Province, New Rochelle, NY
- Ursuline Sisters of Tildonk, Jamaica, NY
* Denotes new investment in 2021 | Green denotes Legacy Fund Member
Associate, Government, and Bank Investors
- Apple Bank for Savings
- Basilian Fathers of Toronto, Ontario, Canada
- Bon Secours Health System, Inc., Cincinnati, OH
- Capital One, N.A.
- Carmelite Communities, Inc., Beacon, NY
- Carmelite Sisters for the Aged and Infirm, Germantown, NY
- Carmelite Sisters of Charity, Washington, DC
- Catholic Health Initiatives, Englewood, CO
- CDFI Fund – United States Treasury
- CDFI Community Investment I, LLC
- Congregation of the Sisters of Charity of the Incarnate Word, Houston TX
- CNote Group, Inc.*
- De Colores Foundation, Chula Vista, CA*
- Deutsche Bank Americas Foundation
- DIME Bank (formerly Bridgehampton National Bank)
- HSBC Bank USA, N.A.
- Leadership Conference of Women Religious, Region 2, NY
- Mercy Investment Services
- Missionary Sisters Servants of the Holy Spirit
- Mizuho Bank*
- New England Conference of Diocesan Directors of Religious Education*
- New York Quarterly Meeting, New York, NY
- Opportunity Finance Network-HSBC Good to Grow
- Opportunity Fund II, LP
- People’s United Bank*
- Religious Communities Investment Fund
- Ridgewood Savings Bank
- Santander Bank N.A.
- School Sisters of Notre Dame, Atlantic-Midwest Province
- School Sisters of Notre Dame, Central Pacific Province
- Seton Enablement Fund, Sisters of Charity of Cincinnati, OH
- Sisters of Charity, Nazareth, KY
- Sisters of Charity of St. Elizabeth, Convent Station, NJ
- Sisters of St Joseph of Carondelet, Albany Province
- Sisters of St Joseph of Carondelet, St. Paul Province
- Sisters of St Joseph of Northwestern Pennsylvania
- Sisters of the Holy Names of Jesus and Mary, U.S – Ontario Province
- Sisters, Servants of Immaculate Heart of Mary, Scranton PA
- Society of the Divine Word, Techny, IL
- St. John’s Episcopal Church, Larchmont, NY
- St. Thomas Aquinas College*
- Sterling National Bank
- TD Bank
- The Sustainability Group, Boston, MA
- Trinity Health Corporation, Livonia, MI
- Unitarian Universalist Congregation at Shelter Rock, NY
- United Methodist Church, General Board of Global Ministries, New York, NY
- Ursuline Community – Linden Avenue, New Rochelle, NY
- U.S. Bank
- Webster Bank N.A.*
- Wells Fargo*
- Wells Fargo Regional Foundation
* Denotes new investment in 2021
Individual Associate Investors
- David Antonacci*
- Jonathan D. Beard & Rachel Theilheimer
- John Brennan & Frances A. Sullivan
- Anne Marie Bucher, OP
- Lynn & Thomas Campbell
- Ainsley Chanda
- Edward & Elaine Chanda
- Quincy E. Chanda
- Thomas Conlon
- Merle Cosgrove 2020 Trust
- Peter Crippen
- Bernadette Cronin-Geller
- Nancy & Joe Cruickshank
- Julie Cutter, DC
- Jeanne-Marie DeBaun
- Arthur Diem, III
- Rose DiMartino
- Dorothy Distel*
- Lawrence and Marjorie Donahue
- Marilyn Dunn, OP
- Mary-Cabrini Durkin
- Katherine M. Elsner
- Mary Florin-McBride & Guy Garandeau*
- Gadfly Trust
- Sarah Gamble
- Marjorie Gilbert
- David Gustafson*
- Barbara Jane Hart & Joseph Slakas
- Jonathan Hummel & Joanna Edwards*
- John & RoseMary Hunt
- Julia Kahrl Trust
- Carole Kakos Trust
- Brian Kaminer
- Patricia M. Kenny
- Alan J. Kidder
- Cynthia Knox
- Ann W. LaValle
- Elizabeth M. Leddy
- Greg Leeds Trust
- Francis R. Lewis*
- Lenore Maroney
- Thomas & Heather McArdle
- William M. & Miriam F. Meehan Foundation Inc.
- Kathleen Murnion
- Mary C. Oberc
- Richard & Susan O’Brien
- Maureen O’Leary*
- Carla Padilla
- James Pittman*
- Dr. Frances M. Poggioli
- David Raynor*
- Jane & Joseph Reilly
- Lawrence M. Rich & Susan Weissert
- Darlene Robinson*
- Cathy & Tom Rowan
- Michael Sena
- Amy Sherman*
- John Socolick*
- Robert Strittmatter & Norine R. DiCarlo
- Mary A. Sullivan*
- Kathleen Tashner*
- Robert Thoelen*
- Richard & Charline Watts
- Margaret and Leonard Weber
- Woodlands Investment Management Account
- Kathleen M. Worthington
* Denotes new investment in 2021
Leviticus Fund Team
Board of Directors
Rosemary Jeffries, RSM President
Executive Director
All-Africa Conference: Sister to Sister
Darlene Robinson
Vice President
Vice President, Commercial Community Development Lending
Fulton Bank
Toni Palamar
Treasurer
Province Business Administrator
Sisters of the Good Shepherd
Ellenrita Purcaro, OP
Secretary
Director
Empowerment Center at Harmony Farm
Becky Koch
Vice President, Senior Relationship Manager & Team Leader
HSBC Bank USA, N.A.
Dan Letendre
Managing Director and CDFI Lending & Investing Executive
Bank of America
Elaine Dovas
CRA Officer,
Senior Vice President
Apple Bank for Savings
Jonathan Hummel
Chief Risk Officer, Americas
Deutsche Bank AG
Joseph F. Reilly
President & CEO
Community Development Trust, Inc.
Peggy Scarano, OP
Regional Representative
Support Our Aging Religious – SOAR!
Shona St. Angelo
Chief Financial Officer
Concern Housing
Elizabeth Torres
Principal
HousingSmarts, LLC
Rev. Julius Walls, Jr.
President
Greater Centennial CDC
NON-BOARD COMMITTEE MEMBERS & VOLUNTEERS
Carmel Caputo, CND
Missionaries of La Salette
Shelly Cleary
Community Development Trust , Inc.
Salvatore Del Bene
Retired Bank Executive
Marisol Franco
Santander Bank, N.A.
Derrick Lovett
MBD Community Housing Corp.
Shawn Luther
Capital Impact Partners
Kathleen Murnion
Retired Nonprofit Consultant
Peter Mosbacher
Webster Bank
Marcus Randolph
JPMorgan Chase
Bill Rilley
Church of St. Raymond
Steve Sagner
SEO (Sponsors for Educational Opportunity)
Maryann Summa, OP
Retired, St. Thomas Aquinas College
Jonathan Vazcones
M&T Bank
PRO BONO COUNSEL
Bernadette Kenny, RSHM
Dentons US LLP
Austin J. Castellano
Robert E. McCarthy
Richard I. Stempler
Haynes and Boone LLP
Bradford Lavender
Melissa Naturman
Hunton Andrews Kurth
Molly Daugherty
Bethany Frank
Donald F. Simone
Paul Hastings LLP
Michael Berman
Zak Rosenbaum
Schiff Hardin LLP
Christine A. McGuinness
Stroock & Stroock & Lavan LLP
Michael McCarthy
The Usinger Law Practice PLLC
Eric Usinger
William J. Robb, Jr., Esq.
Staff
Greg Maher
Executive Director
Helen Davis
Loan Manager
Soham Dhesi
Senior Investment Officer
Kayla Jeffrey
Senior Investment Officer
Jelani Jones
Lending Associate
Kevin McQueen
Director of Lending
Hayley Morland
Finance & Operations Associate
Jose Rivera
Finance Director
Colleen M. Ryan
Resource Development & Communications Officer
Maryann Sorese
Impact Measurement & Compliance Officer
