Bronx, NY
Wespath Benefits and Investments
As part of the Positive Social Purpose (PSP) Lending Program, Wespath invested in a loan providing financing for 237 Landing, a 200-bed transitional shelter for homeless men in the Bronx. The shelter provides independent living training, food service, transportation and counseling. The operator of the shelter also provides employment counseling and training to residents.
Providing over 52,000 affordable housing units in 50 states, in addition to microfinance investments across four continents, the PSP works to promote affordable housing and community development. The program accomplishes this by partnering with qualified lending partners and investing in loans that support low- and moderate-income individuals, families and communities.
