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.
We provide flexible, fixed rate, low cost financing and tailored technical assistance to nonprofit developers of affordable and supportive housing, child care and early education centers, charter public schools, health care and human services facilities, and healthy food retailers. We are recognized as a nimble and customer-focused lender and provide a full range of loan products - predevelopment, acquisition, construction, bridge, mini-permanent and working capital loans.
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Our 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 that serve low-income and vulnerable people by combining flexible capital from social impact investors and contributors with knowledge-sharing to create sustainable and affordable communities.
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Our community development work is supported by investments from individuals, organizations and financial institutions that recognize the positive human impact community investing has 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.
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Industry
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Financial Services
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Company size
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11-50 employees
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Headquarters
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Tarrytown, New York
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Type
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Nonprofit
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Founded
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1983
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Specialties
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lending, community development, investing, technical assistance to nonprofit developers, and real estate
