Wellpoint New Jersey Fuels Trenton’s Revitalization with a Robust $150,000 Tax Credit Donation to Isles’ Downtown Project
13 Agosto 2024 - 8:00AM
Business Wire
Wellpoint’s strategic investment opens doors to
enhanced living in Trenton by contributing to the development of
safe, affordable housing and engaging recreational
opportunities.
Wellpoint New Jersey, Inc. (formerly Amerigroup New Jersey)
recently reaffirmed its commitment to enhancing community wellbeing
by making a $150,000 tax credit donation to Isles Inc., for a
redevelopment initiative in an area of downtown Trenton. Isles aims
to reimagine downtown Trenton as a vibrant, dynamic hub that
addresses the emerging needs of all residents, commuters and
visitors. Wellpoint’s investment will help advance whole-community
wellness by supporting the development of safe, affordable and
accessible housing. It will also contribute to nurturing recreation
and entertainment opportunities that will help transform Trenton
into a thriving social and cultural center.
“Through strategic investment in the Neighborhood Revitalization
Tax Credit Program (NRTC) and collaboration with Isles, Wellpoint
stands by Trenton, committed to bettering the lives of its
residents,” said Dr. Patrick Fox, President of Wellpoint New
Jersey. "We are fully invested in cultivating stronger communities
by addressing critical needs, such as housing, social services and
employment training. Our alignment of vision and resources makes us
confident that we will achieve meaningful changes and improvements
to enhance the lives of New Jersey residents."
Isles focuses on addressing emerging needs, such as housing,
vacant lot development, home improvements, local business support,
neighborhood cleanup and arts programs. Amid their 43 year journey,
they have consistently aided Trenton’s progression and have enabled
residents to have a say in shaping the community.
“Isles is a community driven organization that has been at the
forefront of Trenton’s revitalization efforts, largely through
backing by the NRTC,” said Sean Jackson, CEO of Isles, Inc.
“Wellpoint’s generous contribution accelerates our work and
demonstrates a shared mission of enhancing community wellbeing, so
we sincerely thank them for their steadfast commitment as we work
together toward building a better future for Trenton.”
Administered by the New Jersey Department of Community Affairs
(DCA) Division of Housing and Community Resources, the NRTC program
connects corporations with neighborhood enhancement initiatives.
These strategic alliances yield significant benefits for residents
and local businesses by enhancing community-corporate partnership
dynamics and fostering community wellbeing. Corporations provide
critical financial support and collaborate on strategic plans
prepared and approved by community-based non-profit organizations.
Once plans are accepted by the DCA, they are implemented as solid
foundations to strengthen the communities they serve.
Wellpoint New Jersey has consistently demonstrated a strong
commitment to neighborhood enrichment, evidenced by a significant
$450,000 donation made last year to the Jewish Renaissance
Foundation in Perth Amboy to support the Perth Amboy Alliance for
Community Neighborhood plan. This vital contribution has been
integral in fueling city-wide revitalization efforts, and has been
pivotal in enhancing living standards across Perth Amboy. Through
this support and other thoughtful investments, Wellpoint New Jersey
continues to drive considerable progress toward transforming
communities, improving quality of life and fostering better
neighborhoods for future generations.
ABOUT WELLPOINT:
Wellpoint, part of the Elevance Health family of brands, focuses
on improving physical health as well as the behavioral and social
drivers that impact it through a comprehensive suite of Medicare,
Medicaid, and Commercial products. The Wellpoint companies offer
healthcare services for consumers at any stage of life seeking to
make the right care decisions and helps individuals and communities
make real, positive progress with health plans that foster
independence, confidence, and whole-person health. For more
information, please visit www.wellpoint.com.
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MEDIA: Dionisia Malecki, Wellpoint Media Relations Phone:
813-399-0364 Email: dionisia.malecki@wellpoint.com