Valley Celebrates National Homeownership Month in the City of Orange

Homeownership Month: Orange, NJ
WAYNE, N.J. – Tuesday, June 5, 2018 –  Valley joined HANDS, community and government partners at the ribbon cutting for Hat City Lofts on May 31st in Orange, NJ. Developed in the former F. Berg & Company hat factory buildings, this adaptive reuse project was transformed from blight into affordable loft living and over 10,000 square feet of creative economy commercial space. 100 years ago, Orange was the hat making capital of the world and Hat City Lofts retains its historical feel with large windows and high ceilings.

The completion of Hat City Lofts is a neighborhood revitalization milestone within the heart of the Valley Arts District. An early participant in New Jersey’s Neighborhood Revitalization Tax Credit program, Valley designated funds for the first two phases of this project in 2014 and continues to invest in high impact revitalization initiatives through HANDS and other partners in New Jersey.

About HANDS
Since 1986, HANDS, Inc. has implemented a neighborhood revitalization effort in the neighboring cities of Orange and East Orange, NJ. By targeting the most pivotal properties for development, engaging citizens and other stakeholders and leveraging investments of time and funds, HANDS has stabilized neighborhoods and created long-term sustainable change. HANDS is a nonprofit corporation and a chartered affiliate of NeighborWorks® America

About Valley

Valley National Bancorp is a regional bank holding company headquartered in Wayne, New Jersey with over $29 billion in assets. Its principal subsidiary, Valley National Bank, currently operates over 230 branch locations in northern and central New Jersey, the New York City boroughs of Manhattan, Brooklyn, Queens and Long Island, Florida and Alabama. Valley National Bank is one of the largest commercial banks headquartered in New Jersey and is committed to providing the most convenient service, the latest in product innovations and an experienced and knowledgeable staff with a high priority on friendly customer service. For more information about Valley National Bank and its products and services, please visit valleynationalbank.com or call our Customer Service Center at 800-522-4100.