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New Jersey Natural Gas


03/19/2015 - For Immediate Release

Asbury Park, NJ – New Jersey Natural Gas (NJNG) and Interfaith Neighbors, Inc. announced the completion of three new energy-efficient homes (located at 32, 36 and 38 DeWitt Avenue) on the west side of Asbury Park, as part of their long-standing collaboration to provide affordable housing opportunities to deserving families in Monmouth County.

“Working together with Interfaith Neighbors, NJNG is helping make a meaningful and lasting difference in the communities we serve,” said Laurence M. Downes, chairman and CEO of New Jersey Natural Gas. “Home ownership is the cornerstone of healthy, vibrant neighborhoods, and we’re proud to help make this day possible for some truly deserving families.”

The homes at 32, 36 and 38 DeWitt Avenue mark the completion of 38 homes through the Interfaith Neighbors/NJNG Home Ownership Program, and represent an ongoing collaboration focused on the redevelopment of Asbury Park’s west side. The homes, which have four-bedrooms and two-and-a-half bathrooms, feature high-efficiency equipment, appliances and lighting to help the families conserve energy and manage their energy costs. “Together, we’re breathing life into vacant properties, improving existing housing stock and restoring the pride of the Asbury Park community. Moreover, we are providing residents the chance to purchase affordable, newly constructed homes, while contributing to the City’s tax income,” emphasized Joseph Marmora, executive director of Interfaith Neighbors. “By focusing our efforts on Asbury’s west side, we can have a significant impact on the neighborhood.”

“These homes represent the city of Asbury Park’s continuing effort to partner with businesses and community organizations to help our residents realize the American Dream,” added John Moor, mayor of Asbury Park.

The DeWitt Avenue project is part of a multi-year effort to improve the housing stock and provide affordable homeownership opportunities west of Main Street in Asbury Park. That effort began in 1996 with $25,000 in seed money from NJNG, along with U.S. Department of Housing and Urban Development’s (HUD) HOME Investment Partnerships Program funding, which was provided through the Monmouth County Development Office. “At HUD, we recognize that decent housing and homeownership are pathways to opportunity,” said Maria Maio-Messano, Newark field office director, HUD. “HOME funding creates that opportunity for hard-working families and helps stabilize the communities they live in, helping them to grow and prosper.”

The construction of these most recent homes was also funded through the New Jersey Department of Community Affairs’ Neighborhood Revitalization Tax Credit (NRTC) program, with grants made possible through the support of NJNG and other corporate donors.

About New Jersey Resources
New Jersey Resources (NYSE: NJR) is a Fortune 1000 company that provides safe and reliable natural gas and clean energy services, including transportation, distribution and asset management. With annual revenues in excess of $3 billion, NJR is comprised of five primary businesses:

  • New Jersey Natural Gas is NJR’s principal subsidiary that operates and maintains over 7,000 miles of natural gas transportation and distribution infrastructure to serve over half a million customers in New Jersey’s Monmouth, Ocean and parts of Morris and Middlesex counties.
  • NJR Energy Services manages a diversified portfolio of natural gas transportation and storage assets and provides physical natural gas services and customized energy solutions to its customers across North America.
  • NJR Clean Energy Ventures invests in, owns and operates solar and onshore wind projects with a total capacity of over 125 megawatts, providing residential and commercial customers with low-carbon solutions.
  • NJR Midstream serves customers from local distributors and producers to electric generators and wholesale marketers through its equity ownership in a natural gas storage facility and a transportation pipeline, both of which are Federal Energy Regulatory Commission, or FERC-regulated investments.
  • NJR Home Services provides heating, central air conditioning, standby generators, solar and other indoor and outdoor comfort products to residential homes and businesses throughout New Jersey and serves approximately 118,000 service contract customers.

NJR and its more than 950 employees are committed to helping customers save energy and money by promoting conservation and encouraging efficiency through Conserve to Preserve® and initiatives such as The SAVEGREEN Project® and The Sunlight Advantage®.

For more information about NJR:
Follow us on Twitter @NJNaturalGas.
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Download our free NJR investor relations app for iPad and iPhone.

About Interfaith Neighbors
Interfaith Neighbors is a not-for-profit, 501(c) 3 corporation that assists working poor families and elderly residents of Monmouth County through programs that help meet basic nutrition, housing, and educational needs. Formed in 1988 through a coalition of Monmouth County churches and synagogues, our focus on “Neighbors Helping Neighbors” includes programs that provide home ownership opportunities, community revitalization, rental and mortgage assistance, nutrition, business development services and support for at-risk youth. Approximately ninety-five cents out of every dollar contributed to our agency goes directly to assist those we serve. For more information about Interfaith Neighbors’ work in your community, please call Joe Marmora, Executive Director at 732-775-0525.


RenĂ©e Amellio, Media

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