Spencer Savings Bank recently partnered with Habitat for Humanity of Bergen County to help fulfill local homeownership dreams. The nonprofit helps families build and improve places to call home and provides a “hand up” to community members in need. Spencer employees volunteered their time and spent the day working on two job sites – a construction project in Hillsdale that included spackling walls and a refinishing project at the ReStore in Westwood where the team refinished furniture. The bank also made a monetary donation.
“We are proud to partner with Habitat for Humanity and help provide a ‘hand up’ to residents in our Bergen County community who have hopes of fulfilling their own homeownership dreams one day,” said Jose B. Guerrero, Chairman and CEO of Spencer Savings Bank. “Owning a home is a big deal and wonderful for our New Jersey communities, in many ways. This organization makes it possible, providing community members who are in need with an opportunity to do so. We are very happy to help fulfill their mission.”
Habitat for Humanity believes affordable housing plays a critical role in building strong and stable communities and is focused on building strength, stability and self-reliance through shelter. The organization requires homeowners to put in 250 hours of “sweat equity” into building their homes, aside from meeting income qualifications and being able to afford a monthly mortgage payment.
Spencer is proud to be a partner of Habitat for Humanity for over two decades. During this time, the bank has donated almost $100,000 to the nonprofit, as well as countless hours of employee volunteer time.