Valley Receives Elizabeth Development Company’ Neighborhood Revitalization Partner Award

News | 10/7/2019

Group photoWayne, N.J. – Monday, October 7, 2019 – Valley is honored to accept the Neighborhood Revitalization Partner award from the Elizabeth Development Company (EDC) at their 7th Annual Leadership Award Reception. EDC acknowledged Valley’s long-term commitment to the Neighborhood Revitalization Program, including our commitment to the Elizabeth Development Company of New Jersey. Valley’s recent tax credit allocation bolstered investments in affordable housing and Workforce Development Programs in the Elizabethport neighborhood.

The event also highlighted the success stories of resident participants in EDC’s innovative on-the-job training program. The program provides pre-apprenticeships in the building and construction trades, with a special focus on women in construction. Graduates of the program are now involved in EDC’s community rebuilding effort.

Edgar Lopez, Director of Neighborhood Revitalization and Workforce Development at EDC remarked, “Workforce Development is a game changer for us,” 

About the Elizabeth Development Company of New Jersey 

With over 40 years of service, the Elizabeth Development Company of New Jersey continues to work with cross-sector leaders in cities across Union County and Northern New Jersey, to build on innovative urban revitalization practices aimed at improving the economic well-being of the residents and communities we serve. The EDCNJ is a public non-profit organization that works to promote economic revitalization.  For more information,


About Valley

As the principal subsidiary of Valley National Bancorp, Valley National Bank is a regional bank with approximately $32 billion in assets. Valley is committed to giving people and businesses the power to succeed. Valley operates more than 200 branches across New Jersey, New York, Florida and Alabama, and is committed to providing the most convenient service, the latest innovations and an experienced and knowledgeable team dedicated to meeting customer needs. Helping communities grow and prosper is the heart of Valley’s corporate citizenship philosophy. To learn more about Valley, go to or call our Customer Service Center at 800-522-4100.