Making Space for a Radical Employment Model to Grow

At a state-of-the-art facility in Yonkers, NY, Greyston Bakery produces 35,000 pounds of brownies every day and provides full-time jobs to over 100 hard-to-employ workers using an “Open Hiring” concept: no applications; no interviews; no background checks. Just up the road, leadership at the Greyston Foundation (the bakery’s owner) are working to build a movement […]

An Anchor for Growth in Far Rockaway, Queens

The Community Builders (TCB), a regular partner of the Leviticus Fund, has created over 29,000 units of affordable and mixed-income housing across 14 states and D.C.  This December, TCB sought out Leviticus’ Project Start Fund (PSF) for $700,000 in critical predevelopment financing to advance the Beach 21st Street Development, a 224-unit mixed-use affordable housing project […]

Preserving Affordable Housing in Connecticut

In 1995, the Mutual Housing Association of Greater Hartford (MHA) converted a long-vacant 19th century school building in Windsor Locks, CT into 21 units of affordable rental housing, ensuring low-income families could choose to live in this high-opportunity town. After almost 25 years of occupancy, the building is now in need of a range of […]

Charter School Meets Growing Enrollment

Only four charter schools in the nation have received the designation as “Centers of Excellence” by the National Center for Special Education in Charter Schools (NCSECS) and the most recent charter public school to receive a Leviticus loan is one of them.  Friends of Brooklyn Laboratory Charter School (BLCS) earned the recognition from NCSECS, yet […]

Brooklyn Project To Create Senior Housing

IMPACCT Brooklyn (IB), previously known as Pratt Area Community Council, has a strong reputation as an advocate for low and moderate-income residents in Brooklyn.  IB has identified the neighborhoods of central Brooklyn and Crown Heights as the “next battleground for gentrification and landlord abuse of tenants” and is countering that trend with program services that […]

Leviticus Helps BelovED Community Grow

In 2016, BelovED Community Charter School turned to New Jersey Community Capital (NJCC) and Leviticus for an acquisition loan to purchase a vacant site for a new middle school where it could expand its unparalleled learning program for underserved Jersey City students (this loan was featured in Leviticus’ 2016 Annual Report). This year, we again partnered with NJCC in […]

Project Start Fund Launches in Oswego

Leviticus is proud of our significant lending relationship with Housing Visions Consultants, Inc., a leading non-profit developer and major force in preserving and increasing the supply of safe, decent affordable housing in Upstate New York.  This year, through the Project Start Fund (PSF), we were able to provide Housing Visions with deeply affordable capital to […]

The Metro – Kingston, NY

$1,900,000 acquisition loan – 70,000 SF commercial space RUPCO has long been a leading provider of affordable housing in Kingston and across New York’s Hudson Valley. Recently, RUPCO decided to expand its focus, developing a creative placemaking strategy to link housing to economic development. Leviticus partnered with NeighborWorks Capital to provide $1.9 million in acquisition financing, […]

Cityscape VI – Hartford, CT

$2,000,000 construction loan – 22 scattered-site housing units created A partnership including a hospital, children’s medical center, and college, Southside Institutions Neighborhood Alliance (SINA) was early in recognizing the impact of stable housing on health. In the last five years, SINA has built and sold 30 units of affordable, healthy housing options for homeowners and renters in South […]

Halifax Mobile Home Estates
– Halifax, MA

$2,975,100 acquisition loan – 430 stabilized senior homes For 40 years, the residents’ association at Halifax Estate has ensured its 700 largely low-income seniors have access to amenities, support and services, and strong social bonds in their community. In October 2017, the board led its residents to another improvement: collective, independent ownership. With over $9 […]

 
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