Hudson Pride plans for new home with financial help from Lord, Abbett & Company

Hudson Pride Center logo 2020
Hudson Pride Center logo 2020

Lord Abbett contribution will make Journal Square HPC location possible

Hudson Pride Center (HPC) announced a new partnership with investment management company, Lord, Abbett & Co. LLC to support the agency’s creation of a new LGBTQ center. Lord Abbett has pledged to contribute $700,000 over the next three years toward HPC goals.

With Lord Abbett’s financial support, HPC said in a press release it will continue to provide a secure and safe physical home for the LGBTQ community in a brand-new center located in Jersey City. It will support more enhanced and diverse programming and services most likely at a Journal Square neighborhood location.

HPC has served the LGBTQ community in Hudson County for over 25 years. In early 2020, due to the COVID-19 pandemic, HPC made the decision to relocate out of their offices in CarePoint Christ Hospital and transition all services to remote and virtual.

HPC has worked hard to reach and connect with all its members, especially the most isolated and vulnerable communities. “In doing so, over the past year they have ensured that all members have had access to necessities, social connections, mental health, overall health support/referrals, and safety planning,” said the release.  For now, they will continue to use digital platforms of communication to provide all services.

“Our team at Hudson Pride is extremely excited to announce the opening of our brand-new center home in the Journal Square area of Jersey City and to one day all be together again safely. With the significant financial support from Lord Abbett, we can secure our center’s future while growing our services to meet the continuing needs of our LGBTQ+ community. This partnership is a momentous step for our center and for the years to come,” said HPC Executive Director Elizabeth Schedl.

Reflecting upon Lord Abbett’s efforts, Doug Sieg, Managing Partner, said, “We value all individuals as an organization that is committed to ensuring a sustainable future for our clients, our people, and our world. With this in mind, we’re proud to help fund the building of the new Hudson Pride Center, which aligns with the steps that earned us top marks in the Human Rights Campaign’s 2021 Corporate Equality Index, the national benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.”

“The new Hudson Pride Center will provide the LGBTQ+ community with a safe haven,“ said Catherine Tantillo, the firm’s Head of Community Relations. “We hope our commitment will enable this important organization to flourish for years to come, and we look forward to building a long-term relationship.”

In addition to the financial contribution, Lord Abbett will work with HPC on future joint programming said the release. Lord, Abbett is an independent, privately held firm and is one of the oldest money management firms in the United States.

The Hudson Pride Center was founded in 1993 by a group of during the AIDS epidemic. Today, HPC offers HIV outreach and linkage to care, PrEP and transgender affirming counseling, crisis intervention counseling, mental health care coordination and education and social support groups.