Wells Fargo donates $15,000 to Northern Ocean Habitat for Humanity

MANCHESTER, NJ (October 18, 2022) – Northern Ocean Habitat for Humanity is one of more than 220 Habitat organizations awarded a grant from Wells Fargo as part of its nationwide initiative to help low-to-moderate-income families construct and improve homes across the country.

“Far too many people across the country are facing housing instability and one of our key priorities is to create housing affordability solutions where everyone can have a safe and affordable place to call home,” said Adam Servodio, Branch Manager, “We are proud to support Habitat for Humanity in providing homeownership opportunities for hundreds of families nationwide through Wells Fargo Builds.”

Adam Servodio is the NJ Employee Impact Team President for Wells Fargo, and organized staff to come out for local Habitat affiliate team build days, including with Northern Ocean Habitat this year. “I am so thankful that I'm able to partner with incredible organizations like Habitat for Humanity and organize employee volunteerism to support their mission throughout all of New Jersey to help those in need and make NJ a better place to live for everyone.”

This will be Northern Ocean Habitat’s 22nd home and will be a special build project. Northern Ocean Habitat’s next homeowner partner, Diana, is the mother of six-year-old twin daughters, Adrianna and Arianna, who were both diagnosed with Spastic Quadriplegic Cerebral Palsy at 18 months of age.

This home will have the modifications made for Diana’s daughters to thrive and grow. Modifications such as ramp access in the front and back of the house and ADA modifications in the bathroom will help the everyday living for this family.

"We are so thankful to Wells Fargo for their many years of support of our mission to provide affordable homeownership. We are proud to partner with Wells Fargo to make homeownership a dream come true for Diana and her daughters," said Executive Director of Northern Ocean Habitat for Humanity, Kristine Novakowski.

The grant is part of a $7.75 million donation Wells Fargo is making to Habitat for Humanity International through Wells Fargo Builds, an initiative that provides philanthropic financial support and volunteerism to create sustainable, affordable housing. More than 340 homes will be constructed or repaired with Habitat in over 40 states through the initiative this year. Wells Fargo Builds is part of Wells Fargo’s $1 billion philanthropic commitment to creating more housing affordability solutions by 2025.

Northern Ocean Habitat for Humanity, a New Jersey-based affiliate of Habitat for Humanity International, was founded in 1999. Through volunteerism, skilled labor, and donations of money and materials, the organization rehabilitates and builds safe houses alongside its homeowner/ partner families. Northern Ocean Habitat also operates the ReStore, a retail shop that generates funds through sales of donated goods and keeps materials out of landfills. The ReStore proceeds are to support new home builds and its Neighborhood Revitalization programs. The Neighborhood Revitalization initiative includes the Home Preservation, Housing Plus Aging in Place, A Brush with Kindness, and Veteran Repair programs. These programs provide home renovations addressing health and/or safety issues, all with the goal of keeping residents in the comfort of their own homes. To learn more, visit https://northernoceanhabitat.o...

Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets and proudly serves one in three U.S. households and more than 10% of all middle-market companies and small businesses in the U.S. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 30 on Fortune's 2020 rankings of America's largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

SOURCE Habitat for Humanity International