NORWESCAP among 10 New Jersey nonprofits awarded $83,000 in grants from Provident Bank

NEW JERSEY — Provident Bank has awarded a total of $83,000 in grants to 10 New Jersey nonprofit organizations, including NORWESCAP, through its Community Development Partnership Program.

The bank announced the funding Tuesday, Nov. 3, saying the grants will support financial literacy education, affordable housing, homeownership initiatives and efforts to meet the credit needs of communities throughout New Jersey.

NORWESCAP, one of the grant recipients, works to strengthen communities by creating opportunities that improve the lives of low-income individuals and families.

“This year we’re able to support more organizations with a larger investment, and that reflects how much need and opportunity there is across our communities,” said Roxanne Camejo, senior vice president and community development officer at Provident Bank. “These partners are delivering real results in housing, education and financial empowerment, and we’re proud to stand alongside them.”

According to Provident Bank, the Community Development Partnership Program builds on the financial institution’s longstanding partnerships with nonprofit organizations to promote economic opportunity and strengthen the communities it serves.

The 10 organizations receiving grants are:

• Central Jersey Housing Resource Center: Helps households facing housing challenges find safe, affordable housing that meets their needs.
• Clinton Hill Community Action: Works with residents to revitalize the Clinton Hill neighborhood while promoting equitable development.
• Habitat for Humanity of Greater Newark: Provides affordable housing opportunities for low- and moderate-income families through new construction, home rehabilitation and neighborhood revitalization.
• Housing & Community Development Network of New Jersey: Advocates for economic justice, empowers low-income communities and encourages participation in public policy.
• Housing Partnership: Promotes responsible homeownership through education and financial coaching.
• Ironbound Community Corporation: Supports individuals, families and community groups in achieving their goals and strengthening their neighborhoods.
• New Jersey Community Capital: Supports community development through strategic investments and financial resources.
• NORWESCAP: Creates opportunities and provides services aimed at improving the lives of low-income individuals and families.
• Urban League of Essex County: Promotes social and economic self-sufficiency through programs focused on education, employment, housing and economic development.
• Urban League of Union County: Provides resources and support services to help residents achieve social and economic equality.

Since July 2023, Provident Bank has partnered with more than a dozen local nonprofit organizations through the Community Development Partnership Program, with a shared focus on expanding economic opportunities and supporting sustainable community growth.

The bank said the program continues to invest in organizations that help New Jersey residents purchase homes, develop financial skills and gain access to opportunities that support long-term financial stability.

Provident Bank did not specify how much funding each of the 10 organizations received individually.

The latest $83,000 investment is intended to strengthen partnerships with community organizations working to address housing affordability, financial education and economic challenges while helping build more inclusive communities throughout New Jersey.