10-06-2010 | Liberty Bell Bank supports Affordable Housing through Interstate Realty/Michaels Development
Pictured: John Herring, SVP Liberty Bell Bank; Donald Reape, VP & Secretary, Foresight Affordable Housing Inc.; Congressman Rob Andrews; Stephan Sweeney, NJ Senate President, and Alfred A. Dellibovi, President and CEO of FHLBNY. Photo credit to Curt Hudson
Pictured: John Herring, SVP Liberty Bell Bank; Donald Reape, VP & Secretary, Foresight Affordable Housing, Inc.; Nelson Morgan, Director Foresight Affordable Housing and Kristina Vagan of Michaels Development. Photo credit to Curt Hudson
Those pictured above attended a dedication ceremony sponsored by the Federal Home Loan Bank of New York. This event announced the approval of 5 New Jersey projects to create or rehabiliate more than 450 units of affordable housing. One of the largest projects awarded was directly sponsored by Liberty Bell Bank; a $1,105,000 grant to Foresight Affordable Housing, Inc. for the Branch Village On-Site Phase I project in Camden, NJ. The bank's involement in this project is part of its ongoing relationship with its valued customer - Michaels Development.