Caring for our community
Unilever Federal Credit Union recently provided grants to 20 local New Jersey small businesses and non-profits that have been affected by the current health crisis. Grants were in the amount of $10,000.00 each.
The New Jersey businesses receiving grants included restaurants, barbershops, day care centers, dry cleaners, beauty salons and animal shelters. The grants were provided to help business owners with meeting their financial obligations and to continue operating their businesses.
Funding for the grants was provided by the Federal Home Loan Bank of New York, of which the credit union has been a long-time member. The Federal Home Loan Bank of New York was chartered in the 1930s by the United States Congress, and provides funding to credit unions and community banks in New Jersey and New York (as well as Puerto Rico and the US Virgin Islands) so that these financial institutions can offer mortgage funding to their customers and members.
Each year, the Federal Home Loan Bank of New York contributes 10% of their annual profit to promote affordable housing for low- and moderate-income citizens who live in the communities where the Bank serves. In addition to the funds provided for this small business grant program, the Federal Home Loan Bank of New York, most recently provided grants totaling over $45,000,000.00 for affordable housing initiatives. Affordable housing projects that most recently received grants include New Jersey housing projects in Newark, Jersey City, Paterson, Paramus, South Orange, Ridgewood and Westwood.
Affordable housing projects in New York that received grants include projects located in Brooklyn, The Bronx, Nanuet, Rochester and Yonkers. You can learn more about the Federal Home Loan Bank of New York here: www.fhlbny.com
The recipients of UFCU’s COVID-19 Emergency Response Grants are as follows, by county in New Jersey:
Bergen County
MLD
Teaneck, NJ 07666
Owner: Maritza Waiters
Kang’s B & A Cleaners
Rochelle Park, NJ 07662
Sedona Restaurant
Cliffside Park, NJ 07070
Watch the presentation video:
Testimonial from Grant Recipient Thank you very much! As u know We have completed 81 charity food drops Mayor Thomas Calabrese came down to help at our latest drop! With this grant i will identify 5 churches in the area with food banks and provide 300 hot meals to each church totaling 1500 hot meals in this much needed time! Cannot tell u how much I appreciate this it will cover costs. I was very excited about grant and wanted to share with the community! It is also very important for me that people understand where the contribution is coming from! I hope you don’t mind!
Mendi Zuta |
Che Paul Hair Studio
Cliffside Park, NJ 07010
Owner: Paul Descalzi
Watch the presentation video
Cliffside Park on Demand: A second local business is awarded a $10,000 check from the Unilever Federal Credit Union to help during these unprecedented times….Video curated and produced by Linda McCue
Posted by Borough of Cliffside Park on Tuesday, September 1, 2020
Pearl Restaurant LLC
Ridgewood, NJ 07450
United Eventures
Oradell, NJ
Essex County
Community Promoting Animal Welfare (CPAWNJ)
Montclair, NJ 07042
Hudson County
Bella Hair Studio
West New York, NJ 07093
Owner: Gloria Salazar
Ke Rikuras Coffee Shop
Union City, NJ 07087
Central Optix, Inc.
Jersey City, NJ 07307
FTS Landscaping LLC
North Bergen, NJ 07047
Hudson Eyecare Associates
Jersey City, NJ 07307
Middlesex County
K & M Early Childhood
Piscataway, NJ 08854
Passaic County
Arts Creations Pottery Studio
Woodland Park, NJ 07424
Owner: Gina Avaganano
Testimonial from Grant Recipient hi angelica, its gina avagnano from arts and creations pottery studio in woodland park. i cant express how happy and thankful we are. the money will help out so much catching up on our bills. sincerely gina avagano |
Jorge El Mexicano Restaurant
Clifton, NJ 07011
Safra Hair Salon
Clifton, NJ 07011
Start Save the Animals Rescue Team
Little Falls, NJ 07424
Xclusive Cuts Barber Shop
Woodland Park, NJ 07424
Owner: Patrick Frequenza
Sommerset
Avantte Interior Design Studio
Bridgewater, NJ 08807
Union
J West Design Services LTD
Plainfield, NJ 07060
Owner: Jacqueline West