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Mid-Summer Newsletter, August 2015![]() Please make plans to join us for a fabulous evening of African-Caribbean-inspired live music, food, cocktails, dancing, and a silent auction as we raise the rent for HIP!
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LC lost her employment in June after 6 years at a business in Princeton that closed in part because the rent became unaffordable! Fortunately, as that door closed, others opened, and she has landed new employment with a contractor for Princeton's Public Schools. The search was made easier because of HIP’s housing, resources and support for her and her children. |
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FA, a divorced mom, completed classroom studies and clinical education for the Physical Therapist Assistant (PTA) program at MCCC last May. While working part-time, she is studying to take the exam for licensure in New Jersey this October. |
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DW, who lived with her family in an HIP home for two years, earned a BA from Princeton University last May, with a plan! After graduation she started work in the financial sector in New York City, and plans to attend Law School after two years. |
Currently, three families are in-residence in HIP homes, and other low-income working families are being assisted to prevent homelessness through payment of back rent and security deposit.
A Snapshot of HIP’s Finances: HIP ended the June 30, 2015 fiscal year with cash in the bank of $149,254, an increase of $11,425 for the year. We generated income in the amount of $96,672 from a variety of sources, including $47,039 in grants and donations, and $32,280 from fundraising efforts. HIP’s expenses for the period were $81,247, including $14,132 for mortgage payments, $8,194 for case management, and $9,516 for fundraising.
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Ira Lackey, Real Estate Professional, Callaway Henderson, Sotheby’s International Realty. “Decent” housing is a basic human right, Lackey believes, and he devotes time to making it a reality. |
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Rebecca Feder, Senior Human Resource Professional, Tyco International. Volunteer, Trenton Area Soup Kitchen (TASK), founder “Kids for TASK”. |
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Veronica Olivares-Weber, Educational instruction, consulting, and translation for local schools and community in Spanish language, and Art; literacy coordinator. Member of Board of Parks and Recreation, Princeton; member of board, Latin American Legal Defense and Education Fund (LALDEF); award-winning community volunteer. |
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Ravi Ravindranath. During 10 years of service, Ravi contributed to every major HIP accomplishment, including the purchase of the HIP townhouse and coaching an HIP graduate to home ownership! |
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Marvin Preston IV. Marvin’s strategic thinking and property development skills served HIP well. He provided oversight of HIP’s owned and rental properties. |
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