Morris Habitat for Humanity Receives Grant from Bank of America

Morris Habitat for Humanity, a local nonprofit organization dedicated to building homes, communities and hope, received a $75,000 grant from Bank of America (BofA). The funding announcement coincided with BofA’s eighth annual Global Build, a month-long initiative that addresses affordable housing challenges.

The grant award was made at the site of Morris Habitat’s largest project to-date, a 25-unit condominium complex for low- to moderate-income families located on Bennett Avenue in Randolph. 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,” said Liz DeCoursey, CEO of Morris Habitat for Humanity. “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,” said Alberto Garofalo, president, Bank of America New Jersey. “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.

About Morris Habitat for Humanity

Morris Habitat for Humanity is part of a global, nonprofit housing organization, Habitat for Humanity International, committed to building homes, communities, and hope. The organization, which is one of the leading builders of affordable housing in New Jersey, serves 68 municipalities in Morris and Middlesex Counties and the Greater Plainfield area. Through volunteer labor and monetary donations and materials, Morris Habitat builds affordable new homes and provides home repair services to income eligible families and individuals. Since 1985, Morris Habitat has served nearly 1,000 families through building 188 local homes, preserving 431 homes for low-income and senior residents, and helping 373 families with housing solutions worldwide. The local affiliate organization has engaged more than 150,000 volunteers in its various programs. Morris Habitat also operates a successful ReStore home improvement and furnishings outlet in Randolph which has kept 17,588 tons of reusable materials out of landfills and funded 36 homes. For more information, visit MorrisHabitat.org or call 973-891-1934.

Bank of America

Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,900 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 57 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.