FORT WASHINGTON, PA — Newrez LLC has announced the creation of the NEED Fund, a new emergency relief initiative aimed at providing financial assistance to employees in times of hardship. The fund reflects Newrez’s ongoing commitment to its workforce, offering immediate aid during unforeseen emergencies such as natural disasters, medical crises, or significant personal challenges.
The NEED Fund, established in partnership with E4E Relief®, a 501c(3) nonprofit, is funded by both corporate contributions and voluntary employee donations. Qualifying events for assistance include flood, tornado, wildfire, hurricane damage, death of a spouse or partner, unexpected medical conditions, and vehicle accidents.
“One of our core values at Newrez is to ‘care fiercely’ — a commitment we make to both our team members and the homeowners we serve,” said Baron Silverstein, President of Newrez. “With the establishment of the NEED Fund, we can deliver important financial support to our employees facing unexpected hardship in their lives or as a result of natural disasters. I am proud to support this initiative and foster a culture of caring fiercely for our people.”
The NEED Fund aims to foster a supportive and compassionate work environment, ensuring that Newrez’s employees have the resources they need during challenging times.
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