{"id":911150,"date":"2025-11-18T09:48:07","date_gmt":"2025-11-18T14:48:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/"},"modified":"2025-11-18T09:48:07","modified_gmt":"2025-11-18T14:48:07","slug":"wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/","title":{"rendered":"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access<\/b><\/p>\n<p>WILMINGTON, Del.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nThe WSFS CARES Foundation, the charitable giving arm of WSFS Financial Corporation (Nasdaq: WSFS), announced it will contribute a $150,000 grant to the Todmorden Foundation to expand affordable housing opportunities in Wilmington, Delaware.<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20251105599384\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251105599384\/en\/<\/a><\/p>\n<div id=\"bwbodyimg\" style=\"width: 480px;float:left;padding-left:0px;padding-right:20px;padding-top:0px;padding-bottom:0px\"><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251105599384\/en\/2623650\/4\/Todmorden_The_Flats.jpg\" alt=\"The Flats in Wilmington, Del. will be home to over 1,000 residents.\" \/><\/p>\n<p style=\"font-size:85%\">The Flats in Wilmington, Del. will be home to over 1,000 residents.<\/p>\n<\/div>\n<p>\nThe Todmorden Foundation is a nonprofit committed to providing access to affordable rental housing and enhancing the quality of life for Wilmington residents. The foundation manages several hundred affordable rental properties and is actively upgrading the residences on the west side of the city known as \u201cThe Flats.\u201d<\/p>\n<p>\nThe Flats neighborhood consists of more than 450 housing units originally built between 1903 and 1918 by William P. Bancroft to house Bancroft Mills workers. Due to deteriorating conditions, the Todmorden Foundation, founded by Bancroft, is overseeing a redevelopment project to demolish and rebuild these units.<\/p>\n<p>\nThe WSFS CARES Foundation grant, distributed over three years, will directly support the construction of 30 units expected to open in summer 2027.<\/p>\n<p>\n\u201cThe WSFS CARES Foundation is dedicated to fostering affordable, healthy communities for families to live in,\u201d said Patrick J. Ward, Executive Vice President, Senior Advisor at WSFS Bank and Chairman of the WSFS CARES Foundation. \u201cWe have supported this critically important project since the beginning and take pride in staying true to our commitment to the city of Wilmington.\u201d<\/p>\n<p>\n&#8220;We are grateful for supporters like the WSFS CARES Foundation who have backed our efforts since we began in 2015,\u201d said Richard Przywara, President and CEO of the Todmorden Foundation. \u201cNot only will this project help low- and moderate-income individuals and families, but it will also create jobs in construction, maintenance, and property management.\u201d<\/p>\n<p>\nThis is the sixth phase of the project, offering 180 new residences serving approximately 300 individuals. In total, The Flats will be home to over 1,000 residents.<\/p>\n<p><b>About the WSFS CARES Foundation<br \/>\n<br \/><\/b>The WSFS CARES Foundation brings WSFS\u2019 mission of We Stand for Service<sup>\u00ae <\/sup>to life across the communities we serve. The mission of the WSFS CARES Foundation is to support qualified nonprofit service organizations within our regional footprint that are invested in improving communities, fostering a spirit of inclusion and diversity, and whose focus aligns with the WSFS CARES Foundation\u2019s transformational vision. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.wsfsbank.com%2Fabout%2Fcommunity%2Fthe-wsfs-cares-foundation%2F&amp;esheet=54346645&amp;newsitemid=20251105599384&amp;lan=en-US&amp;anchor=https%3A%2F%2Fwww.wsfsbank.com%2Fabout%2Fcommunity%2Fthe-wsfs-cares-foundation%2F&amp;index=1&amp;md5=b86420c5cbd3ba4f186d392dee9c4909\">https:\/\/www.wsfsbank.com\/about\/community\/the-wsfs-cares-foundation\/<\/a>.<\/p>\n<p><b>About WSFS Financial Corporation<br \/>\n<br \/><\/b>WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of September 30, 2025, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $93.4 billion in assets under management and administration. WSFS operates from 114 offices, 88 of which are banking offices, located in Pennsylvania (58), Delaware (38), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Trust Advisors, LLC, Bryn Mawr Trust\u00ae, The Bryn Mawr Trust Company of Delaware, Cash Connect<sup>\u00ae<\/sup>, NewLane Finance<sup>\u00ae<\/sup>, WSFS Wealth Management, LLC, WSFS Institutional Services<sup>\u00ae<\/sup>, WSFS Mortgage<sup>\u00ae<\/sup>, and WSFS Wealth<sup>\u00ae <\/sup>Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.wsfsbank.com&amp;esheet=54346645&amp;newsitemid=20251105599384&amp;lan=en-US&amp;anchor=www.wsfsbank.com&amp;index=2&amp;md5=17e173db8c1c7712450e300d3e1b040a\">www.wsfsbank.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20251105599384r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20251105599384\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20251105599384\/en\/<\/a><\/span><\/p>\n<p><b>Media Contact: <\/b>Ashley Williamson<br \/>\n<br \/>(215) 864-1761<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Awilliamson@wsfsbank.com\">Awilliamson@wsfsbank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Delaware United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Philanthropy State\/Local Residential Building &amp; Real Estate Public Policy Construction &amp; Property Fund Raising Foundation Urban Planning Other Philanthropy Public Policy\/Government<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Photo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251105599384\/en\/2623650\/3\/Todmorden_The_Flats.jpg\" alt=\"Photo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\">The Flats in Wilmington, Del. will be home to over 1,000 residents.<\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20251105599384\/en\/2095820\/3\/WSFS_CARES_Foundation.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access WILMINGTON, Del.&#8211;(BUSINESS WIRE)&#8211; The WSFS CARES Foundation, the charitable giving arm of WSFS Financial Corporation (Nasdaq: WSFS), announced it will contribute a $150,000 grant to the Todmorden Foundation to expand affordable housing opportunities in Wilmington, Delaware. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251105599384\/en\/ The Flats in Wilmington, Del. will be home to over 1,000 residents. The Todmorden Foundation is a nonprofit committed to providing access to affordable rental housing and enhancing the quality of life for Wilmington residents. The foundation manages several hundred affordable rental properties and is actively upgrading the residences on the west side of the city known as \u201cThe Flats.\u201d The Flats neighborhood &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-911150","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access WILMINGTON, Del.&#8211;(BUSINESS WIRE)&#8211; The WSFS CARES Foundation, the charitable giving arm of WSFS Financial Corporation (Nasdaq: WSFS), announced it will contribute a $150,000 grant to the Todmorden Foundation to expand affordable housing opportunities in Wilmington, Delaware. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251105599384\/en\/ The Flats in Wilmington, Del. will be home to over 1,000 residents. The Todmorden Foundation is a nonprofit committed to providing access to affordable rental housing and enhancing the quality of life for Wilmington residents. The foundation manages several hundred affordable rental properties and is actively upgrading the residences on the west side of the city known as \u201cThe Flats.\u201d The Flats neighborhood &hellip; Continue reading &quot;WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-11-18T14:48:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/mms.businesswire.com\/media\/20251105599384\/en\/2623650\/4\/Todmorden_The_Flats.jpg\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access\",\"datePublished\":\"2025-11-18T14:48:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\\\/\"},\"wordCount\":648,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/mms.businesswire.com\\\/media\\\/20251105599384\\\/en\\\/2623650\\\/4\\\/Todmorden_The_Flats.jpg\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\\\/\",\"name\":\"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access - 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This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20251105599384\/en\/ The Flats in Wilmington, Del. will be home to over 1,000 residents. The Todmorden Foundation is a nonprofit committed to providing access to affordable rental housing and enhancing the quality of life for Wilmington residents. The foundation manages several hundred affordable rental properties and is actively upgrading the residences on the west side of the city known as \u201cThe Flats.\u201d The Flats neighborhood &hellip; Continue reading \"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/","og_site_name":"Market Newsdesk","article_published_time":"2025-11-18T14:48:07+00:00","og_image":[{"url":"https:\/\/mms.businesswire.com\/media\/20251105599384\/en\/2623650\/4\/Todmorden_The_Flats.jpg","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access","datePublished":"2025-11-18T14:48:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/"},"wordCount":648,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/#primaryimage"},"thumbnailUrl":"https:\/\/mms.businesswire.com\/media\/20251105599384\/en\/2623650\/4\/Todmorden_The_Flats.jpg","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/wsfs-cares-foundation-contributes-150000-to-expand-affordable-housing-access\/","name":"WSFS CARES Foundation Contributes $150,000 to Expand Affordable Housing Access - 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