The Affordable Housing Alliance, which is located in Eatontown, received a $18,000 grant from Bank of America this week.
The Bank of America Charitable Foundation has awarded $615,000 to New Jersey nonprofits that provide services including building and rehabbing of affordable housing, homeowner counseling, and foreclosure prevention programs.
The Affordable Housing Alliance is a nonprofit organization that improves the quality of life of New Jersey residents by developing and preserving affordable housing, providing services to maintain housing affordability, and providing housing education, according to a release from Bank of America.
“Building capacity for nonprofit partners is a critical step as we continue to address the impacts of the housing crisis, here in New Jersey and across the country,” said Bob Doherty, New Jersey president, Bank of America. “Having partnered with these grant recipients in the past, we know firsthand how effective they can be.”