Westfair Business Publications (Westfair) is a privately held publishing firm located in White Plains, N.Y. that publishes weekly business newspapers: the Westchester County Business Journal in combination with HV Biz (Hudson Valley Business) in New York state and the Fairfield County Business Journal in Connecticut.
With a weekly readership of more than 150,000, Westfair’s business publications reach business leaders and decision makers in seven counties: Westchester, Rockland, Putnam, Orange, Dutchess and Ulster in New York state, and Fairfield in Connecticut.
That’s why we were so pleased to have them report on two significant milestones in Leviticus’ history – our recent $1.6 million Financial Assistance Award from the U.S. Department of Treasury’s Community Development Financial Institution (CDFI) Fund; and the yearlong celebration of our 40th Anniversary.
In the article, Executive Director Greg Maher explained that the Leviticus Fund is a lender serving nonprofit developers in the Tri-State Area. He stressed that the fund does not operate as a typical, service-providing charity, nor is it focused on giving grants that are not expected to be repaid.
“We are part of the community development finance movement – we provide financing and technical assistance to developers that are doing work in high-poverty neighborhoods, and we provide them with a range of very flexible loan products to get their projects up off the ground during pre-construction. We also provide construction and rehab financing, [as well as support] during the operating phase of the project.”
Maher also outlined the theme of the Leviticus Fund’s 40th Anniversary celebration – “Seed to the Sower,” saying that the sowers are nonprofits that do the work in communities, while Leviticus provides the seed, or the financial resources to do their work.
You can read the full article here, and please save the date for October 12, for our 40th Anniversary Celebration at the historic Apple Bank for Savings in Manhattan.
