FULTON, Md.--(BUSINESS WIRE)--NewDay USA, LLC, a nationwide VA, FHA and reverse mortgage lender, is proud to announce it has teamed up with the nonprofit organization, RenovatingHope, to repair and remodel the Towson, Md. home of a highly decorated wounded veteran. NewDay is the lead sponsor of the project, which will include completely remodeling and updating the home, as well as new landscaping and re-grading of the property.
In addition to providing $90,000 for the renovation project, employees of NewDay USA will offer their help by donating time and energy as landscapers, painters and work site laborers during weekends of Oct. 20-21 and Oct. 28-29. RenovatingHope will oversee and manage the project.
“NewDay USA is committed to giving back and supporting the men and women who have served our country,” said Rob Posner, chief executive officer, NewDay USA. “Wounded veterans and their families deserve our deepest gratitude for their service, and when they are in need it’s our responsibility to do our part in assisting them. We are proud to partner with RenovatingHope in this project that will help this wounded veteran and his entire family enjoy a safer, secure and more comfortable home.”
The wounded veteran suffers from post-traumatic stress disorder, among other conditions related to his service to the country. In a career in the armed services spanning more than 20 years, he served tours of duty during Operation Desert Storm in the early 1990s, as well as tours of duty and overseas assignments during U.S. military operations in Afghanistan and Iraq. He also served several rounds of active duty for Joint Intelligence Command Pacific (JICPAC).
The home renovation will encompass remodeling of the kitchen, bath and laundry room, and replacement of electrical service and air-conditioning. Painting, flooring repairs and other carpentry updates will be made and new windows and other weatherization will make the home more comfortable in all seasons.
About RenovatingHope,Inc.
A nonprofit organization built to honor and assist American heroes in need. The RenovatingHope mission is to provide professional, sustainable, home needs and services in an effort to be a source of renewal and hope to the families of men and women presently serving in the armed forces, as well as to veterans, whose deteriorating residences require repairs and/or upgraded appliances necessary to meet basic human needs, ensuring family safety and adequate comfort. Learn more at RenovatingHope.org.
About NewDay USA, LLC
An industry leader committed to playing its part in supporting a vibrant, healthy housing market, NewDay USA, LLC is a nationwide VA, FHA and reverse mortgage lender. The company focuses on helping active military personnel, veterans and their families, and the nation’s seniors achieve their financial and housing goals. In addition, NewDay USA operates a builder-correspondent lending division, creating relationships with builder-owned mortgage companies to meet the home purchase loan needs of their clients. The company’s workforce is highly trained, and the work environment is designed to support both best practices in mortgage lending and career growth for mortgage professionals.
NewDay USA is the exclusive provider of mortgage lending for Veterans of Foreign Wars (VFW) members, and is among the top providers of reverse mortgages in the U.S. In keeping with its commitment to helping past and current members of the U.S. armed services, the company is a major philanthropic partner of Purple Heart Homes and the National Coalition for Homeless Veterans. Community service and giving back in the form of volunteerism also plays a big role among the NewDay USA workforce.
NewDay USA is a key holding of Chrysalis Holdings, LLC, a premiere private investment company focused on the financial services industry. For more information about NewDay USA, visit www.newdayusa.com.