Devils, Prudential Center donate $200K to Invest Newark to support Land Bank initiative

The New Jersey Devils and Prudential Center announced Tuesday that they have recently donated $200,000 to Invest Newark to support the city of Newark’s Land Bank Section 8 Homeownership Conversion Program.

This contribution will support the redevelopment of vacant land into residential properties across the city, and support families in successfully transitioning from renters to homeowners. The donation is being made as a part of the Devils, Prudential Center and owner Harris Blitzer Sports & Entertainment’s $20 million commitment to racial equity that was announced in August 2020 and continues today.

The Newark Land Bank Section 8 Homeownership Conversion Program, a unique program spearheaded by Mayor Ras Baraka and the city, takes formerly blighted properties and vacant land and transforms them into homes. Recipients are chosen from a lottery of active Section 8 holders that qualify for a mortgage through the Neighborhood Assistance Corp. of America.