Charles S Lesnick, Chairman

Board of Directors 1996-1999,  2003 - Present

A highly qualified leader, attorney and planner, Chuck obtained a B.A. in Economics and Political Science from Yale, a Masters in Urban & Regional Planning from the Woodrow Wilson School of Public & International Affairs at Princeton and a J.D. from the NYU School of Law. Since that time, Chuck Lesnick has served in federal, NYS and Yonkers City government state and government, working with both former Governor Mario Cuomo and Governor Andrew Cuomo. Chuck has worked at the United States Department of Housing & Urban Development, as well as the NYS Urban Development Corporation (now known as ESD), the NYS Department of State and the NYS Homes & Community Renewal (most recently serving as Deputy Counsel and Assistant Commissioner for the Office of Rent Administration).

Thirty years ago, as the Director of Economic Development for the City of Yonkers and Deputy Director of the Yonkers Industrial Development Agency Chuck fought to secure funds to begin the waterfront redevelopment and restoration of the historic downtown pier. Later he served eight years as Yonkers City Council President where he continued the transformation of Downtown Yonkers with the daylighting of the Saw Mill River, the acquisition of the Science Barge, the review and approval of the Downtown Master Plan and several Generic Environmental Impact Statements; and he supported economic development and affordable housing throughout the city.  ​During his two terms as Council President at various times he chaired the Council Committees on Rules, Budget & Finance, Education, Environmental Policy & Protection, and Real Estate & Economic Development.  He also created the City’s first Green Policy Task Force and took an active role with the City’s Landmarks Board.  Yonkers is New York’s fourth largest City with a budget in excess of $900 million.

In the mid 1990s and again in the mid 2000s Chuck took breaks from government and worked in the private sector, working as an executive with several property management and affordable housing development corporations. He also practiced law specializing in Historic Tax Credits where he was able to improve the quality of communities by helping property owners of historic buildings to obtain tax deductions and other assistance to restore and/or maintain their properties.

​Chuck is a past President of the Westchester Municipal Officials Association where he remains an advisor.  He is a founding member of both Local Progress and the Strong Cities Alliance.  He is currently serving as President of the Federated Conservationists of Westchester and Treasurer of sculptor Vinnie Bagwell’s tribute to Enslaved Africans.  Chuck is an Eagle Scout who continues as a merit badge counselor.


William Loewenstein , President

Board of Directors 1994 - 2002, 2005 - Present

CIDC’s President and CEO, Mr. Loewenstein has over three decades experience in the economic and housing development fields. He is knowledgeable in a full range of federal, state and local housing and economic development programs. Loewenstein specializes in the empowerment of public/private partnerships, working with non-profits and establishing self-sustaining local delivery systems.


He has underwritten hundreds of millions of dollars for office, shopping center, and industrial projects; established MICRO loan programs for Rochester and Yonkers, New York; several revolving loan programs, using public and private sources, including those in Port Jervis, Albany, Syracuse, Niagara Falls and Gloversville, New York; Palm Beach County, Florida; Flint, Michigan and Inglewood, California and drafted hundreds of millions of dollars of successful Section 108 loan applications.


As a consultant to the New Jersey Economic Development Authority, Loewenstein worked with the agency to establish the first statewide 108 loan fund for under-served communities; a statewide pool of 86 members of the Federal Home Loan Bank Board who were willing to extend both construction and permanent loans to projects that qualified under the CIP program; and obtaining a New Market Tax Credit allocation.


He worked with public clients in New York, New Jersey, Pennsylvania and California to originate more than $30 million in CIP loans for economic development.

James A Laurenzo, Treasurer

Board of Directors 2017 - Present

Jim began with Pyramid Brokerage in 2003 after retiring with 28 years of service from the Economic Development Office of the City of Syracuse. His last position with the City was Chief Economic Development Officer. Aside from running the real estate and financing aspects for the City Economic Development Department, Jim’s specialty was public/private financing used for a long list of job creating City Industries for businesses located in the City and companies attracted to the city as new business.

He is a graduate of the National Development Council as a Certified Economic Development Specialist. He also graduated from SUNY at Delhi with an AAS and SUNY at Brockport with a BS in Business.  He has been licensed for over 35+ years. He buys/sells and manages a personal portfolio of industrial/commercial properties and apartments in Onondaga County. He has significant contacts in Syracuse and Onondaga County that he uses to his clients advantage, together with his “hands on” investment, financing and targeted economic development incentives experience.

Timothy R. Warfield, Secretary

Board of Directors 1995 - Present

Mr. Warfield was the Executive Director of the National Association for State Community Services Programs, based in Washington, DC. He formerly served as President and CEO, Pennsylvania Community Development and Finance Corporation, 1990 - 1999. Director, 1988-1990.  He was charged with the oversight of the development of a corporate strategic plan and business plans and managing their implementation and holds final authority for all operations. During his tenure, he developed a five-year plan, organized the financing for a statewide business fund, administered that fund, designed and implemented a training program and technical assistance program. He responded to policy issues as they relate to community-based organization development efforts.



  • Past Chairman, National Rural Development & Finance Corporation Board of Directors.

  • Small Enterprise Development Corporation, York Pennsylvania (1985-1986).

  • Past Chairman, National Association of State Economic Opportunity Office Directors.

  • Trustee, Lackawanna Junior College, 1995-present.

  • Vice Chairman, City of York General Authority.

  • Board of Directors, Crispus Attucks Association, Inc. 1969-1978); Crispus Attucks Neighborhood Revitalization Program, 1981. President, Crispus Attucks Association, Inc. 1974-1975 (Board of Directors).

  • Co-Founder, Co-Organizer, The Community Caucus of York, 1973.

  • Advisor, Project Developer, Youth in Government Programs, Community Progress Council, Community Action Agency of York, Pennsylvania, 1972-1973.

  • Member, Dialogue Committee in York County, 1969-1976.

  • Member, Martin Memorial Library Board of Directors, 1981-1982.

  • Member, Central Pennsylvania Friends of Jazz, 1984-1986. Vice President, 1985.




Outstanding Contribution to Community Action, Middle Atlantic States Association of Community Action Agency Directors, 1979.


Outstanding Contribution to Community Action, Pennsylvania Directors Association for Community Action, 1981.


Service as Chairperson, National Association of State Economic Opportunity Office Directors, 1977 and 1980.


Outstanding Young Man of America, 1977

Who's Who in Government, 1978, 1979 and 1980.

Sandie Foland, Director

Board of Directors 2018


Sandra Foland, was the co-founder and CEO of Baron Sign Manufacturing, Sandra’s main role was to facilitate, oversee and direct the administration, marketing and financing are her primary focus on an every day basis. Sandra is an activist in economic and governmental affairs in municipal and county affairs, she is very active in several local business groups.


She lead the emphasis on “green” sign systems for LEED projects. Sandie serves on the Chamber’s Riviera Beach Business Council to facilitate Economic Development in the City. She was appointed to a second term by PBC District 1 Commissioner Hal Valeche to the Business Development Board of PBC; she serves as a associate Member of PBC League of Cities. Sandie serves on the board of The Early Learning Center and the Riviera Beach Max Boys & Girls Club.

Frances M. Brandt, Director

Board of Directors 2002 - Present


2013 – Present   Administrative Officer


Ms. Brandt’s responsibilities include monitoring administrative operations; liaison to the Board of Directors; human resource management; day-to-day oversight of ongoing projects; management of accounts receivable and accounts payable

2011 – 2013    Self-Employed Administrative Assistant


Ms. Brandt has been performing administrative work as an independent contractor. She has put together loan applications, analyzed and developed financial worksheets and performed other administrative duties.


2006 – 2011    Self-Employed Consultant, Arbonne International


Direct sales, management of sales team and participation in fundraisers.


2004 – 2010    Secretary, R. E. Investment Solutions, Inc.


R.E. Investment Solutions is a real estate development company that owns and manages property in the Reading, Pennsylvania area.


1996 – 2006    Large Size Sportswear Buyer, Petite Sportswear Buyer, Boscov’s Department Stores

In the Petite Sportswear Buyer position, Ms. Brandt increased sales from $8.9 million to $10.4 million, increased Gross Margin Dollars from $4.0 to $4.7 million, expanded the Private Label Program, grew new “petite small” concept in bottoms and added new lines to the petite area.


Ms. Brandt joined Boscov’s immediately after graduating Cum Laude from Hartwick with a BA in Economics. She was accepted into the department store chain’s highly competitive Executive Trainee Program and during her years with Boscov’s consistently exceeded her sales and margin goals.

During her tenure at Boscov’s she served as Accessories Department Manager, Misses Assistant Buyer and Plus Size Buyer before being appointed Petite Sportswear Buyer.

 Community / Civic Activities 


2016-2018   Treasurer, Lakewood Ranch Gymnastics Parents Club, 501 (C3)


2006-2009       Member, Greater Reading Chamber of Commerce.


2005-2009       Member, JCC Board of Directors, Reading, Pennsylvania. Treasurer of the Executive


Board. Member, JCC Early Education Committee.


Member of Hadassah


Member of Temple Sinai Sisterhood


Committee Member of Deer Brook Swim Club 2013 Tri-County Fundraising


Social Chairman, Deer Brook Swim Club


Level 3 Team Spokesperson, Will-Moor School of Gymnastics




Economics Honor Society

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