NewBridge Awarded $25,000 United Way Grant For Affordable Housing
United Way's Commercial Real Estate Network propels housing initiative
Pompton Plains, NJ- August 18, 2006 — NewBridge Services, Inc., a community provider of behavioral health and education programs and services, takes another major stride toward its goal of creating 100 units of affordable housing with a $25,000 grant from United Way of Morris County's Commercial Real Estate Network.
This grant brings United Way's total investment in NewBridge's housing initiative to $100,000. The new funding will result in an additional $400,000 from the State of New Jersey Special Needs Housing Trust Fund, which contributes 80 cents to every 20 cents raised.
"This leadership gift greatly assists NewBridge as we begin to complete the first major housing transactions of this initiative," said Robert L. Parker, Executive Director, NewBridge. "We are grateful to United Way, an organization that sees the need and shares in our vision to provide affordable housing, and that is helping lead the way to a better quality of life for New Jersey residents."
NewBridge prides itself on responding to the needs of the community and has heard the call for more affordable housing in New Jersey. Responding to the statewide effort to combat the state's housing crisis, NewBridge has taken an active role in providing affordable housing opportunities for those with disabilities, particularly those with special needs, as well as those with moderate and low incomes. Through its efforts, the agency is on its way toward reaching its goal of creating 100 new permanent, affordable housing units in Morris and Passaic counties in the next four years. The grant from United Way has provided valuable funding for key components of this initiative.
"Affordable housing that meets the needs of all of Morris County's residents is an issue of critical importance to us. We are pleased that United Way and our Commercial Real Estate Network could play a key part in NewBridge's effort," said John Franklin, CEO, United Way of Morris County.
NewBridge's community-based housing program includes a continuum of services from residential care to permanent housing opportunities, which currently provide the appropriate level of assistance and independence to 100 individuals.
Those interested in making a tax-free donation or in volunteering their time to support NewBridge programs and services can contact Nina McCormack, Development and Marketing Director, at 973-839-2521, ext. 420 or nmccormack@newbridge.org.
About NewBridge Services
NewBridge Services, Inc., a non-profit community organization founded in 1963, provides innovative mental health, substance abuse, housing, children’s and senior services and education programs. Whether dealing with stress, grief, or substance abuse or in need of parenting, relationship or caregiving advice, NewBridge offers counseling programs, educational forums and life-enriching services to help people bring balance to their lives. For more information call 973-839-2520 or click here.
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