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Business Beat

Published on October 18, 2013 with No Comments

Atlantic Highlands Chamber Business Card Exchange

ATLANTIC HIGHLANDS – The Atlantic Highlands Chamber of Commerce is holding a business card exchange event from 5:30 to 7:30 p.m. Wednesday, Oct. 23, hosted by Resources Real Estate at its newly opened, fourth office location at 65 First Ave. The event will offer businesses and individuals an opportunity to get out, network and enjoy light refreshments in a relaxing atmosphere.

Refreshments will be provided compliments of Christine’s Italian Ristorante, 42 First Ave. The event is free for chamber members, $10 for northern/eastern chamber members and $15 for nonmembers.

For further information about the chamber and upcoming activities please visit www.atlantichighlands.org, or call 732-872-8711.

 

Bank of America Awards Grant to Affordable Housing Alliance

EATONTOWN – The Bank of America Charitable Foundation has announced a $20,000 grant to the Affordable Housing Alliance (The Alliance), an Eatontown-based nonprofit organization dedicated to addressing the overwhelming need for quality, affordable housing in Monmouth County and throughout New Jersey.

Through a national initiative designed to help improve access to affordable housing, provide financial education and coaching for future homeowners, and support organizations that contribute to the success of communities, the Bank of America Charitable Foundation has awarded more than $800,000 to 22 New Jersey nonprofits in 2013.

The alliance provides a range of services designed to help families stay in their homes through difficult economic circumstances. Its program offerings include new homebuyer education, financial literacy training and mortgage counseling, rental housing search assistance, and programs designed to help families with overdue utility bills.

Following the devastating effects of Super Storm Sandy, the alliance expanded its program offerings by helping displaced households find rental housing, providing replacements of items lost or damaged by the storm, and by matching individuals with long-term temporary and permanent affordable housing. The Bank of America grant will be used to support these initiatives.

“Bank of America is a key, longtime funder of the Affordable Hous­ing Alliance,” said Donna Blaze, The Alliance’s chief operating officer. “As we have developed new programs and services to meet the growing needs of economically challenged households and communities, Bank of America has worked with us to make these programs possible. As we move forward with long-term recovery strategies in a post-Sandy era, we appreciate that our partnership with Bank of America will continue to help us to meet these needs.”

“Almost a year later, individuals and families are still feeling Sandy’s impact,” said Bob Doherty, New Jersey president, Bank of America. “Helping people get back on their feet by responding to their immediate housing needs continues to be a priority for us.”

In addition to more than $23 million in housing grants across the U.S., Bank of America addresses housing issues in a number of other ways including extending approximately $52 billion in mortgage loans in the first half of 2013 to more than 218,000 borrowers. Thirty-five percent of these loans have been made to low-to moderate-income individuals and families. Bank of America offers assistance and educational support to provide more transparency and clarity about the homebuying process, including working with more than 550 housing counseling agencies approved by the U.S. Department of Housing and Urban Development.

 

Broadway Lighting Joins Facility Solutions Group

RED BANK – Broadway Lighting has announced that it is now part of Facility Solutions Group (FSG), one of the nation’s largest providers of lighting and electrical products, services and construction, energy management solutions and signage. Through this new business structure, the company can now offer a broader service area, more efficient servicing, lower price points and more robust rebate and energy conservation offerings to its customers.

“With a 77-year history as a family business, Broadway Lighting has always brought a personal touch to our lighting and electrical services,” says Alan Fox, past president of Broadway Lighting and now business development specialist at FSG. “Now, we’re combining this approach with the benefits of aligning with a talented, national leader in our industry. After collaborating with FSG on various levels over the past 25 years, we’re excited to become part of the company and bring more competitive pricing and an additional tier of valuable services to our customers.”

Based in Perth Amboy, FSG provides wholesale distribution, lighting design support, electrical service, signage service and installation, electrical construction, data cabling, and energy management services under one umbrella, enabling customers to build, maintain, expand or upgrade their facility infrastructures with the latest innovations. The company can service multisite customers nationally around the clock. In addition to its energy conservation expertise, it helps customers navigate the rebate system to facilitate additional cost savings.

For more information about Broadway Lighting becoming part of FSG, please contact Alan Fox at 908-451-1919. To learn more about FSG, please visit www.fsgi.com.

 

Resources Real Estate Celebrates 4th Office with Move for Hunger Benefit

ATLANTIC HIGHLANDS – Resources Real Estate recent office opening in the borough offered a chance to renew its community partnership with Move for Hunger, a nonprofit organization based in Neptune.

Resources Real Estate agents were joined by members of the community, family and friends at the Wine Bar for an evening of cocktails, refreshments and a food drive. More than 440 pounds of food were collected, enough to provide 360 meals for families in need. Move for Hunger works with relocation companies to help fill the pantries of the nation’s food banks.

Resources Real Estate presented the organization with a check for $2,000 as a token of its partnership and support.

“We at Resources appreciate what Move for Hunger stands for and wanted to support their efforts,” said Carolynn Diakon, broker-senior partner. “Rather than have the opening of our new office be all about us, we felt it made sense to join forces with another group of people who are working to make a difference in people’s lives.”

Move for Hunger is an ingenious concept, says Thomas McCormack, broker-managing partner. “When an individual or a family moves and has unwanted nonperishable food that would otherwise be thrown out, Move for Hunger movers pick up the food and deliver it to local food banks – it’s so simple but very effective.”

Visit moveforhunger.org for more information.

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