Habitat For Humanity Works With Hedge Funds

Filed in archive Hedgetalk on September 26, 2007

An initiative by the hedge fund community to provide New York City families with home ownership opportunities through habitat for humanity NY, has announced the launch of a campaign called Hedge Funds for Habitat.

Most immediately, this campaign will help Habitat-NYC complete its 41 unit affordable condominium buildings on Atlantic Avenue in Ocean Hill-Brownsville, Brooklyn, a $13 million state-of-the-art green complex and the largest multifamily complex ever constructed by any Habitat affiliate.

Championed by Stuart Feffer, co-chief executive officer of Lacrosse Global Fund Services, Hedge Funds for Habitat NY is calling on supporters from hedge funds, private equity firms and the service provider community who recognize that there are many working families in New York City living in unsafe and overcrowded conditions whose lives will be forever changed with a Habitat home.