Wells Fargo Builds

#WellsFargoBuilds Press Release

Raritan Valley Habitat for Humanity and Wells Fargo team in Montgomery Township, New Jersey and across the country to help build affordable housing.

Somerville, N.J. (July 21, 2020) – The Wells Fargo Foundation has awarded Raritan Valley Habitat for Humanity with a $15,000 grant to build an affordable home in Montgomery Township, N.J. The funding is part of an $8.1 million donation to Habitat for Humanity International for capacity building and direct mission support to build, renovate and repair more than 350 affordable homes across the United States. The funding is provided through Wells Fargo Builds℠ and part of the Wells Fargo Foundation’s $1 billion philanthropic commitment to create more housing affordability solutions by 2025.

“We’ve had a rich history of working with Raritan Valley Habitat for Humanity to strengthen our neighborhoods through philanthropy and volunteerism,” said Greg White, Wells Fargo’s Northern New Jersey region bank president. “Safe and stable housing enables people to build upon the rest of their life and, together, we can shift the narrative to help others understand that housing affordability is both an economic and humanitarian crisis that’s taking a toll on millions of people.”

Wells Fargo Builds provides philanthropic financial support from the Wells Fargo Foundation to aid the construction, renovation, painting or repairing of homes with low-to-moderate income households. In 2019 alone, Wells Fargo employees volunteered more than 1.9 million hours of service to strengthen their communities, including building, repairing, and improving 674 homes across the U.S. with several organizations through Wells Fargo Builds.

“Our partnership with the Wells Fargo Foundation and the local Wells Fargo employees will strengthen the community and help build strength, stability, and self-reliance through affordable home ownership. We are so thankful for Wells Fargo’s commitment to affordable homeownership opportunities and volunteerism,” said Jan Holmstrup, executive director for Raritan Valley Habitat for Humanity.

The grant will support the construction of Raritan Valley Habitat for Humanity’s 54th home in Montgomery Township, New Jersey. Our newest partner is Cicely Caldwell, a single mother to five children, currently living in Flemington. When asked about the impact of being a Habitat partner, Caldwell told us “Habitat miraculously provided me, a single mom, with the opportunity to become a homeowner, and it just means everything to me and my children.”

About Raritan Valley Habitat for Humanity
Raritan Valley Habitat for Humanity (RV Habitat) puts God’s love into action and brings people together to build homes, communities and hope. Our vision is a time when everyone in Hunterdon and Somerset counties has a decent place to live. Since 1991, RV Habitat has been building strength, stability and self-reliance through affordable home ownership opportunities for hard-working, local families.

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