Investors Bank Foundation Supports Monarch Housing’s Racial Equity Summit

Juan Rengifo, Assistant Vice President & Branch Manager for Investors Bank presents Investors Foundation grant to Asish Patel, COO for Monarch Housing Associates

$3,000 Grant from Investors Bank Foundation Continues Support of Monarch Housing’s Work

The Investors Bank Foundation made a $3,000 grant to Monarch Housing in 2019.

The grant was used to sponsor a two-day Building Racial Equity in our Homeless Service Systems: A Conversation on Race and Homelessness summit. This project was proudly supported by a grant from Investors Foundation. 

The Investor’s Foundation grant and the October 2019 Building Racial Equity in our Homeless Service Systems supports Monarch’s work to ensure that every person has quality affordable, permanent supportive housing that fosters freedom, independence and community integration,

“We are very grateful for Investor’s generous and continued support of Monarch Housing,” said Monarch Housing Associates’ CEO Taiisa Kelly.  The Summit introduced participants from across New Jersey to core concepts of racial equity and to the intersection of homelessness and racism. It laid the groundwork and built momentum for collaboration on statewide systems transformation oriented toward addressing racial inequity in the homeless service systems.  

In 2020, Monarch Housing Associates is celebrating 30 years of working to ensure every person in the state has access to housing and supportive service opportunities that foster independence and choice.”

Investors Bank created the Investors Foundation in 2005 to support the communities Investors Bank serves. Investors Foundation supports initiatives in the arts, youth development, health and human services, education and affordable housing. Investors Foundation works to improve the lives of its customers and neighbors. For more information, please visit

Investors Bank, headquartered in Short Hills, New Jersey, is a full-service community bank that has been serving customers since 1926.

With over $25 billion in assets and a network of more than 150 retail branches, Investors Bank delivers personalized services and products tailored to the needs of its customers. Investors Bank’s services include complete deposit, loan and cash management products for consumers and businesses. Investors Bank is a member of FDIC and Equal Housing Lender.

NJCounts 2019 revealed the racial disparity in the population experiencing homelessness in New Jersey. Persons identifying as African American were overrepresented in the homeless numbers counted on the night of NJCounts 2019.

The year marks seventh year of Monarch Housing Associates’ coordination of the annual statewide NJCounts. NJCounts 2020 results will be available later this year.