Organizations Filed Purposes:
LONG ISLAND HOUSING PARTNERSHIP COMMUNITY DEVELOPMENT FINANCIAL INSTITUTION, INC. (LIHPCDFI) WAS CREATED TO LESSEN THE BURDENS OF GOVERNMENT AND TO ENHANCE THE WELL-BEING OF COMMUNITIES BY INCREASING THE SUPPLY OF NEWLY CONSTRUCTED AND REHABILITATED RESIDENCES (HOMEOWNERSHIP AND/OR RENTAL) FOR COMMUNITY DEVELOPMENT AND REDEVELOPMENT PROGRAMS. THESE PURPOSES ARE INTENDED TO BE MET PRIMARILY THROUGH THE ISSUANCE OF CONSTRUCTION, PREDEVELOPMENT AND PERMANENT FINANCING LOANS AND ANCILLARY DEVELOPMENT SERVICES FOR THE DEVELOPMENT OF AFFORDABLE HOUSING IN ELIGIBLE TARGET MARKETS (INVESTMENT AREAS WITH POVERTY RATES OF AT LEAST 20%) IN NASSAU AND SUFFOLK COUNTIES, NEW YORK.
TO LESSEN THE BURDENS OF GOVERNMENT AND ENHANCE THE WELL-BEING OF COMMUNITIES BY INCREASING THE SUPPLY OF NEWLY CONSTRUCTED AND REHABILITATED RESIDENCES FOR COMMUNITY DEVELOPMENT AND REDEVELOPMENT PROGRAMS.
LOANS WERE MADE TO ONE DEVELOPER IN 2016 TO HELP FINANCE THE ISLIP IX DEVELOPMENT. THIS DEVELOPMENT IS CURRENTLY HELD IN THE NASSAU SUFFOLK PARTNERSHIP HOUSING DEVELOPMENT FUND COMPANY, INC., AN AFFILIATE ENTITY.
A NEW LOAN WAS MADE IN 2017 TO A LOCAL COMMUNITY LAND TRUST TO FUND AN AFFORDABLE HOUSING PROJECT IN NASSAU COUNTY.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| Valerie Canny | CFO | 1 | $0 |
| Lutricia Edwards | TREASURER | 0.1 | $0 |
| Elena Dundon | SECRETARY (I | 0.1 | $0 |
| Randy Kaplan | SECRETARY (O | 0.1 | $0 |
| Steven F Philbin | VICE CHAIRMA | 0.1 | $0 |
| Kevin S Law Esq | CHAIRMAN | 0.1 | $0 |
| James Britz | EXEC. VICE P | 1 | $0 |
| Peter J Elkowitz Jr | PRESIDENT | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202012909349300516_public.xml