Lawrence C. Salley, AICP, Chairman of the White Plains Housing Authority since 1995, and Secretary of the African American Men of Westchester, has joined Community Capital New York as a member of the Board of Directors.
His current roles and his former career as Commissioner of the Westchester County Department of Transportation, and 10 years prior as the Deputy Commissioner of the Westchester County Department of Planning, make him an ideal board member for Community Capital, a social and economic development nonprofit in Westchester, providing finance for businesses and affordable housing in seven New York counties.
Community Capital New York serves as an economic catalyst, providing access to capital and knowledge that transforms and strengthens the prosperity of our communities and the lives of the people who live in them. Making the American Dream come true. Opportunity is the mission of the nonprofit, licensed by the US Department of the Treasury as a Community Development Financial Institution and the US Small Business Administration as a Certified Microlender.
“As a founding board member, I always thought the mission of Community Capital was important, and now that I have time available, I want to assist the organization in achieving its goals,” said Salley, who returns in Community Capital’s 25th year as an integral member of its Strategic Planning Committee.
“Larry Salley was one of the founding board members of Community Capital and we’re thrilled to have him circle back around and continue to share his knowledge and expertise,” noted present Board Chairman Lee Lasberg, CEO, Lasberg Construction, based in Armonk.
Over the past 25 years Community Capital New York has:
- Leveraged $362.9 million in our communities
- Created 3107 jobs—our average loan creates or retains five jobs
- Generated $10 million in tax revenues for the region on an annual basis
- Empowered—81% of CCNY’s loans are to women and minorities
- Provided financial education to 3000 households
- Assisted low income students with a matched savings program to cover educational expenses not included in financial aid
- Provided in excess of 2000 hours of financial training annually to economically empower low to middle income residents
Community Capital New York’s Small Business Program lending has reached a total of $2.7 million invested in our communities, a 57% increase over last year and a dollar increase of 191% from 2012 to 2013.
Mr. Salley is also a member of the board of Arts Westchester.