Iselin-based Provident Bank has awarded funding to nine local nonprofit organizations focused on community development, economic empowerment, financial literacy and education and support for housing and homeownership in low- and moderate-income communities.
Since July 2023, Provident Bank has partnered with 13 local New Jersey-based nonprofits via their Community Partnership Program, with the common goal of fostering economic and community development.
“These grant recipients exemplify the profound impact that strategic community investment can provide,” Roxanne Camejo, senior vice president and community development officer, Provident Bank, said. “We are excited to support the missions of these organizations and help them expand their reach and enhance their ability to serve their communities.”
The Community Partnership Program is consistent with Provident Bank’s commitment to partner with nonprofit organizations to holistically support the community. Provident Bank aims to empower communities within its footprint to assist in promoting long-term economic prosperity.
Combined, the recipients of these major grants received a total of $88,000. The local nonprofit organizations include:
- Housing Community Development Network of N.J.: Dedicated to advancing economic justice, empowering low-income communities and fostering inclusive participation in public policy.
- New Jersey Citizen Action Education Fund: Committed to advancing social, racial and economic justice, while addressing the urgent needs of low- and moderate-income New Jerseyans through education and direct services.
- Urban League of Essex County: Empowering African Americans and disadvantaged residents to achieve social and economic self-sufficiency through programs in education, employment, housing and economic development that transform lives and communities.
- Ironbound Community Corp.: Engages and empowers individuals, families and groups to achieve their aspirations and collaboratively build a community.
- Housing Partnership: Creates lasting and responsible homeownership through education and financial coaching.
- Central Jersey Housing Resource Center: Works locally to resolve issues facing households that are struggling to find housing that meets their needs and means.
- NORWESCAP (Sussex and Morris counties): Strengthens communities by creating opportunities that improve the lives of low-income individuals and families.
- Invest Newark: Propels the city’s economy, builds communities and creates opportunities.
- New Jersey Community Capital: Creating communities through strategic investments and knowledge.
