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.