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In August, M&T Bank awarded a $20,000 grant to Greater Newark LISC. M&T grants are focused on housing development, financial counseling, housing counseling, neighborhood stabilization, community organizing, and an overarching promise to strengthen neighborhoods and the people who live in them. The Urban League of Hudson County and Women Rising each received $5,000. "This series of grants demonstrates our dedication to the state of New Jersey, and our commitment to building long-term relationships with organizations that make New Jersey a better place to live and work," said Paula Mandell, area executive for M&T Bank. Read the story here!
On June 11th, Greater Newark LISC and the participants of the Newark Resident Leadership Academy (NRLA) celebrated the successful completion of the 2015 –2016 NRLA program.
The Newark Resident Leadership Academy is a six-month training program that develops the leadership skills of local residents so that they can be active agents of change their neighborhoods. Approximately 40 people took part in the 2015-2016 program. They were selected through a rigorous application process and live in the following neighborhoods: Lower Broadway, Ironbound, Vailsburg, Clinton Hill, Fairmount, and Dayton.
LISC Newark recently opened two new Financial Opportunity Centers (FOCs) to help low-income residents get the skills and savvy they need to stabilize their household finances. In a city where nearly 40 percent of households earn less than $25,000 per year, the FOCs will offer specialized training for jobs in local industries, financial coaching, credit-building tools, and assistance accessing public benefits.
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