Tarrytown, United States
Slogan: Faith Capital For Building Communities
Description: The Leviticus Fund is a regional nonprofit loan fund (CDFI) founded in 1983 that uses capital to alleviate poverty and improve the economic and social conditions of low-income individuals and families throughout the New York, New Jersey, and Connecticut area. The fund provides flexible, fixed-rate, low-cost financing, and tailored technical assistance to various nonprofit developers. These include affordable and supportive housing, child care and early education centers, charter public schools, health care and human services facilities, and healthy food retailers. The organization is recognized as a nimble and customer-focused lender, offering a full range of loan products, including predevelopment, acquisition, construction, bridge, mini-permanent, and working capital loans.
Mission: The Leviticus Fund is motivated by faith and founded on the biblical verse of Leviticus 25:23 and its call for justice in the stewardship of economic resources. The fund supports transformative solutions serving low-income and vulnerable people by combining flexible capital from social impact investors and contributors with knowledge-sharing to create sustainable and affordable communities.
Community Development: The community development work is supported by investments from individuals, organizations, and financial institutions recognizing the positive human impact of community investing on underserved areas. These investments, in the form of loans with terms of one to five years or more, create a pool of capital that recycles back into low-income communities over and over again as loans are repaid.
Industries: Financial Services, Lending, and Investments
Headquarter: United States
Last Investment: N/A
Last Investment Investors: N/A In summary, Leviticus Fund founded in 1983, is a regional nonprofit loan fund with a mission to alleviate poverty and improve economic and social conditions in the New York, New Jersey, and Connecticut areas. The fund provides flexible financing and technical assistance to various nonprofit developers and supports community development through investments that aim to create sustainable and affordable communities. The organization operates within the financial services, lending, and investment sectors, with its headquarters in the United States.
