HomeFinanceMorris Habitat for Humanity awarded $75K grant from BofA to revitalize homes...

Morris Habitat for Humanity awarded $75K grant from BofA to revitalize homes in North Jersey

Morris Habitat for Humanity, a local nonprofit organization dedicated to building homes, communities and hope, received a $75,000 grant from Bank of America at the site of its largest project to date, a 25-unit condominium complex for low- to moderate-income families located on Bennett Avenue in Randolph.

The funding announcement coincided with BofA’s eighth annual Global Build, a monthlong initiative that addresses affordable housing challenges. The grant also coincided with a volunteer day with BofA employees. Throughout the month of October, BofA team members from the tri-state area volunteered at three Morris Habitat home sites, including Randolph, Summit and Long Valley.

“Access to an affordable home is a critical step on the path to stability and success,” Liz DeCoursey, CEO of Morris Habitat for Humanity, said. “Through our partnership with Bank of America, we are working to connect more individuals to a decent place to call home and to strengthening our community. Bank of America’s decades-long support demonstrates their confidence in Morris Habitat as one of the leading builders of affordable housing in New Jersey.”

“Our longstanding partnership with Morris Habitat for Humanity is crucial to helping New Jersey residents increase access to affordable home ownership,” Alberto Garofalo, president, Bank of America New Jersey, said. “Revitalizing homes with Morris Habitat is always a meaningful experience for our employees.”

Habitat and BofA have partnered for more than 30 years, helping homeowners build or improve the places they call home. Each year, the partnership has continued to grow, totaling $75 million of support for Habitat’s work around the world, with more than $55 million in cash and property donations to Habitat for Humanity International.

Related Articles

CBRE arranges sale of Eastpoint at Exit 8A in Monroe Township

CBRE announced that it has arranged the sale of Eastpoint at Exit 8A, a 450,330-square-foot industrial facility centrally located between New York City, Philadelphia...

Somerset lease renewed by state electrical contractor association 

The New Jersey Independent Electrical Contractors Association (NJIEC) has renewed its lease on a 5,000-square-foot space at 20 Worlds Fair Drive in Somerset. Sheldon Gross...

Haven Savings Bank president and CEO Franconeri elected to NJBankers board

Hoboken-based Haven Savings Bank, which provides retail and commercial banking services to customers in Bergen, Union, Hudson, Morris, Passaic and Essex counties, announced that...

Summit Financial partners with $1.2B RIA Signet Financial Management

Summit Financial, a Parsippany-based, preeminent investment advisory firm offering integrated wealth management and planning services, in collaboration with Merchant, announced a minority investment in...

Cushman & Wakefield arranges $56M construction loan for industrial development in Rahway

Cushman & Wakefield on March 16 announced that it has arranged a $56 million construction loan on behalf of Sagard Real Estate and Woodmont...

Resource Realty of Northern New Jersey wraps up 3 industrial leases in Morris County  

Resource Realty of Northern New Jersey has completed three industrial-leasing transactions along the Interstate-80 corridor in western Morris County. The leases account for 15,496 square...

Latest Articles

‘Teddy Goes to Cooper’ health care education program for kids debuts in South Jersey

Cooper University Hospital Cape Regional welcomed 45 kindergarten students from Glenwood Avenue Elementary School in Wildwood for the debut of “Teddy Goes to Cape,”...

Four Virtua hospitals and more than 90 Virtua medical practices earn awards for online reputation

Virtua Health, South Jersey’s largest health system, earned a number of awards and higher scores in the latest rankings from Reputation, a California-based firm. Reputation’s...

Merwick Post Acute in Plainsboro debuts orthopedic recovery program 

Merwick Post Acute has introduced OrthoWIN, a highly specialized subacute care program for orthopedic recovery. Dr. Stacey Miller-Smith, a physical medicine and rehabilitation (PM&R) specialist,...

Report says N.J. construction industry spending rose in 2025, forecasts continued growth in 2026

The Associated Construction Contractors of New Jersey (ACCNJ), in partnership with Otteau Valuation Group, released their MarketCAST report for Q4 2025, which showed total construction spending...

Middlesex College students picked for AI for Impact Community College Fellowship

Middlesex College students Laila Diaz and Hassan Ibrahim are two of five students selected statewide for the AI for Impact New Jersey Community College...

Climb and Checkmk partner to expand monitoring and observability offerings

Climb, an international specialty technology distributor and a wholly owned subsidiary of Climb Global Solutions, Inc., with a U.S. office in Eatontown, announced a...

Latest Articles

‘Teddy Goes to Cooper’ health care education program for kids debuts in South Jersey

Cooper University Hospital Cape Regional welcomed 45 kindergarten students from Glenwood Avenue Elementary School in Wildwood for the debut of “Teddy Goes to Cape,”...

Four Virtua hospitals and more than 90 Virtua medical practices earn awards for online reputation

Virtua Health, South Jersey’s largest health system, earned a number of awards and higher scores in the latest rankings from Reputation, a California-based firm. Reputation’s...

Merwick Post Acute in Plainsboro debuts orthopedic recovery program 

Merwick Post Acute has introduced OrthoWIN, a highly specialized subacute care program for orthopedic recovery. Dr. Stacey Miller-Smith, a physical medicine and rehabilitation (PM&R) specialist,...

Report says N.J. construction industry spending rose in 2025, forecasts continued growth in 2026

The Associated Construction Contractors of New Jersey (ACCNJ), in partnership with Otteau Valuation Group, released their MarketCAST report for Q4 2025, which showed total construction spending...

Middlesex College students picked for AI for Impact Community College Fellowship

Middlesex College students Laila Diaz and Hassan Ibrahim are two of five students selected statewide for the AI for Impact New Jersey Community College...