Financial Wellness Institute Receives $862,000 for home Repairs

Federal Home Loan Bank of New York (FHLBNY) 2025 AFFORDABLE HOUSING PROGRAM (AHP) to Assist Owner-Occupied Homeowners

October 20, 2025; Westville, NJ --- Working with Federal Home Loan Bank of York (FHLBNY) and Member Columbia Bank, the Financial Wellness Institute recently received $862,000 in grant funding. In total, the program subsidy awarded $6,730,500 through its Affordable Housing Program to support the development and rehabilitation of 190 housing units across New Jersey.

“This funding effort highlights Financial Wellness Institute’s focus on housing stability and sustainable homeownership in our communities,” shared CEO Wanda P. Hardy. Through its REsolution Owner-Occupied Homeowner Repair Program, qualified homeowners living in Atlantic, Burlington, Camden, Cape May, Cumberland, Gloucester, and Salem counties may be eligible to receive grant funding for housing repairs such as roofing, plumbing, heating and cooling, electrical, hot water heater, windows, doors, structural issues, siding, carpentry, septic/well, accessibility improvements/modifications, and more.

To learn more about Financial Wellness Institute’s REsolution Owner-Occupied Homeowner Repair Program, please contact the organization directly at 856-251-0311 or at info@financialwellnessinstitute.org.

About Financial Wellness Institute

At Financial Wellness Institute, we aim to strengthen individuals, and families and communities through Financial Education & Economic Empowerment; Housing Opportunities; Small Business Technical Assistance; and, Workforce Development. Learn more at financialwellnessinstitute.org