The four new homes are being constructed at 639 Jefferson Street with two of the homes dedicated to housing U.S. veteran families and the other two homes dedicated to housing seniors. The veteran and senior family applications are being reviewed and verified by NJHMFA for affordable housing status. Once the families are approved, they will begin their sweat equity hours, framing interior walls, painting and organizing donated materials and supplies.
“We are extremely proud to continue our relationship with Habitat for Humanity of Bergen County,” said Kevin J. Lynch, President of the OritaniBank Charitable Foundation and Chairman, President and CEO of Oritani Bank. “We hope that this grant provides the elderly and veterans within our community comfort and ease. Oritani Bank and its Foundation are proud to aide families in our own backyard and hope that they are aware of how much we appreciate all of them.”
Jacey Raimondo, Executive Director of Habitat for Humanity of Bergen County stated, “Oritani has been a true friend of Habitat since our inception in 1994 and its support of affordable housing has enabled us to build more housing for families in need. We are so happy to be building in the Township of Washington where Oritani has been headquartered for many years.”
Since its inception in 1994, Habitat for Humanity of Bergen County has constructed 24 new homes, housing a total of 36 adults and 46 children. The organization provides opportunities for home ownership to low and moderate-income families, by relying primarily on volunteer labor and donated materials and funds. Habitat builds and rehabilitates homes, then sells them to the participating families at no profit and with no-interest loans.
About OritaniBank Charitable Foundation:
Oritani Bank established the OritaniBank Charitable Foundation in 2007 to assist not-for-profit organizations that help to improve the quality of life for area residents, especially those members of its communities most in need. Since its inception, the Foundation has donated more than $9.0 million to local charitable organizations, primarily in support of education, health and human services, youth programs and affordable housing.
About Oritani Bank:
Oritani Bank is a 107-year-old community bank with more than $4.12 billion in assets, based in the Township of Washington, New Jersey. The Bank has 26 branches throughout Bergen, Hudson, Passaic & Essex Counties. Oritani Bank is a publicly held company trading on the NASDAQ with the trading symbol “ORIT.” Oritani Bank offers a full line of deposit and loan services to both retail and commercial customers. For more information, call 888-ORITANI, or visit its website, www.oritani.com.
About Habitat for Humanity of Bergen County
The goal of Habitat Bergen is to eliminate poverty housing and homelessness from the face of the earth by working in partnership with people in need. Using volunteer labor and donated funds and materials, Habitat Bergen builds or rehabilitates simple, decent houses and sells them to low-income families at cost, but with no interest added. Habitat Bergen is a people-to-people partnership, which joins all of us together regardless of race, nationality, religion, or socioeconomic status. That partnership begins with the homeowner families (partner families). Habitat Bergen is not a giveaway program, but a joint venture in which those who benefit from the housing ministry are involved in the work at various levels. They help with the construction of their own home, as well as the houses of their neighbors.
Photograph from left to right: Kevin J. Lynch, President of the OritaniBank Charitable Foundation and Chairman, President and CEO of Oritani Bank and Jacey Raimondo, Executive Director of Habitat for Humanity of Bergen County.