Lehigh County Controller Mark Pinsley Announces Candidacy for Pennsylvania Auditor General

 Lehigh County Controller Mark Pinsley, recently elected to his second term, announced his candidacy for Pennsylvania Auditor General, declaring himself the only candidate that can flip the office back to the Democratic Party and promising to boldly reimagine the office with “audits to impact” intended to result in policy change and spur the legislature forward.

“Tim DeFoor, the incumbent Auditor General, is backed by powerful special interests looking to privatize education who will stop at nothing to hold this seat. It’s imperative our nominee be best suited to be able to take on DeFoor. I’m a veteran, small business owner, and incumbent controller in PA’s 10th largest county with a real record of results. Only I can stand on that stage and make the case against DeFoor,” said Mark Pinsley.

During Pinsley’s tenure as Controller, he’s identified ways to reduce county healthcare costs by $70 million over ten years or over 23% of the Counties total healthcare spend, advocated for dozens of children wrongly removed from their families by powerful hospital networks, promoted environmental sustainability and pushed to divest $140M of taxpayer money from Wells Fargo over their support of dangerous anti-choice candidates.

“We expect our Attorneys General to have law degrees; we should expect our Auditor Generals to have relevant financial experience. I am the only candidate running with private sector executive experience managing multimillion-dollar budgets and public sector experience where I’ve done the work, saved taxpayers’ money, and used the office to advocate for change. My audits translate to impact,” said Pinsley.

Lehigh County, part of Pennsylvania’s Lehigh Valley, is a swing region of a swing state. Neighboring Northampton County, the Lehigh Valley has often been a decider in statewide races.

“I have a history of winning tough races. In 2017, I was the first Democrat elected in South Whitehall Township in over 20 years; in 2019, I flipped the Controller’s Office from red to blue in a purple county. I outperformed President Biden’s countywide vote share during my recent reelection. I am the only candidate who knows what it takes to win tough races and has won. Republican votes and has flipped seats,” said Pinsley.

“I believe nominees matter. The recent election in Allegheny County shows that we can lose races we should win or have tougher fights than we need. My resume and my record are beyond question, and the Republican Party won’t be able to paint me as extreme or unqualified. I’ve served my country and community and know how to win in cities, suburbs, and rural communities. I am the only candidate who knows the job, has done the job, and can win the job,” said Pinsley.

Pinsley’s top priorities include the following:

– Evaluating the financial and human costs of crisis pregnancy centers and their impact on state spending and women’s health to protect women from these dangerous, extremist organizations that spread falsehoods and medically inaccurate information and encourage more state spending on family planning and contraceptive services to reduce social service costs.

– Conducting a socio-economic audit to truly put in perspective the cost of underfunding our schools that quantifies the impact on wages, public health, competitiveness, social development, and public safety to support education litigants in pushing the state to act.

– Auditing state support of county election offices and the state of county election departments, which are the backbone of democracy, to ensure Pennsylvania is investing in and defending democracy during this critical period.

– Evaluating Pennsylvania’s economic development programs compared to other states to improve our economic competitiveness and emphasize the importance of economic development tied to labor support, including connecting state dollars to project labor agreements and responsible contractor ordinances.

– Evaluate state support for county children and youth services to ensure adequate staffing, ensure our systems give families due process, and protect and promote child welfare through fair, efficient, and thorough processes.

“Auditor General has the power to be one of the most transformative offices in the state, a watchdog and advocate for change. I’m the only one able to tap into the office’s fullest potential and the only one who can win this race. If we value reproductive justice, saving democracy, and promoting economic opportunity and a fair economy, we need to win first. Nothing gets done if we don’t win,” said Pinsley.

Friends of Mark Pinsley
Mark Pinsley
716-861-1793
www.votemarkpinsley.com

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THE LEHIGH VALLEY PRIVATE EQUITY FUND CLOSES JUNE FUNDRAISING ROUND

Allentown, PA, 3 July 2021, ZEXPRWIRE, The Lehigh Valley Private Equity Fund (the “Fund”), a Regulation D private equity fund concentrating on investing in real estate in the Lehigh Valley of Pennsylvania, announced today that it has closed its June fundraising round.

Based in Allentown, Pennsylvania, the Fund has been designed to provide an 8% annual preferred return paid monthly and an overall annualized target return of 12 – 18%, through diversification in lending and acquisitions in the real estate industry.

Tejas Gosai, Co-Manager of the Fund, and a resident of Nazareth, PA, said he and Jeff Cella, Co-Manager, have been meeting with potential investors to explain the investment strategy.

Gosai said, “We have put a lot of time, money, and energy into refining our methods to be able to pay monthly an annualized 8% return and then distribute quarterly, additional returns to our investors through qualified lending, real estate redevelopment, and long-term acquisitions.”

Cella, who started his first private equity fund in 2011 under Regulation D, is a familiar figure in the lending arena in the Lehigh Valley and a longtime resident of Emmaus, PA. Cella said “I’ve been lending money in the Lehigh Valley for over thirty years. By joining forces with Tejas on the real estate acquisitions side, we have designed a fund that can pay a monthly return to our investors while remaining liquid and taking advantage of all of the longer-term real estate plays in the Lehigh Valley.”

The Fund is targeted to raise $250 million to invest in real estate in the Lehigh Valley. No other fund that we are aware of has committed to invest its funds in the Valley with an emphasis on funding real estate projects and acquiring properties that make the Lehigh Valley a better place to live, work and play.

John LeVine, Chief Investment Officer of the Fund, continuously identifies, analyses, and recommends investment opportunities to the Fund Managers. LeVine said, “This market simply outshines other markets nationally. We don’t have to look any other place other than the Lehigh Valley to find attractive investment opportunities for our investors”.

Investors interested in learning more about or investing in the Fund can visit the Fund’s website at www.LVPEFUND.com or contact the Fund directly at (610) 673-0073.

The Lehigh Valley Private Equity Fund has filed its Form D with the Securities and Exchange Commission which can be viewed directly from the SEC.GOV website or by a link on the Fund’s website, www.LVPEFUND.com.