Business
CVS Health, Diocese of Camden, and The Walters Group Unite to Bring Senior Affordable Housing to Williamstown, New Jersey
CVS Health, Diocese of Camden, and The Walters Group Unite to Bring Senior Affordable Housing to Williamstown, New
About this update from Cvs Health Corporation
[{"type":"text","content":"CVS Health's collaboration with Diocesan Housing Services Corporation and The Walters Group supports the new construction of Mews at St. MaryWOONSOCKET, R.I., May 21, 2026 /PRNewswire/ -- CVS Health® (NYSE: CVS) today joined The Diocesan Housing Services Corporation (DHSC) of the Diocese of Camden, The Walters Group, The United States Department of Housing and Urban Development (HUD), the New Jersey Housing and Mortgage Finance Agency (NJHMFA), and community leaders to celebrate the grand opening and building dedication of The Mews at St. Mary, a new 75-unit senior affordable housing property located in Williamstown, New Jersey.DHSC Executive Director Jamie Reynolds stated, \"We are so excited to be able work with our many partners and Our Lady of Peace Parish to re-purpose surplus church property to meet the affordable housing needs of older adults. Blessed Saint Teresa of Calcutta once said, 'Love Begins at Home' and we remain mindful that first and foremost we are creating warm and safe spaces for our residents to call home.\" Made possible through the development partnership between DHSC and Walters, together with CVS Health's $9 million investment through R4 Capital, $8 million in HUD 202 Capital Advance funding, $14 million in NJHMFA construction financing and $7 million from NJHMFA's Affordable Housing Production Fund, the Mews at St. Mary reflects a shared vision of creating sustainable housing for older adults and builds on CVS Health's long‑standing commitment to creating healthier communities across New Jersey.\"Access to stable, affordable housing is a key driver of health, particularly for older adults,\" said Joseph Manger, Chief Executive Officer, Aetna Better Health of New Jersey, a CVS Health company. \"Through our investment in Mews at St. Mary and collaboration with developers and service providers who put their communities first, we are helping expand affordable housing options in New Jersey and ensuring residents have the resources they need to live safely, independently, and with dignity.\"Offering 75 affordable homes serving older adults, Mews at St. Mary will enable its residents to thrive by offering personalized medical, social, and wellness services and support including:On‑site wellness nurses staffed by Vitality Catholic Healthcare Services.Health education, prevention, and screenings offe...