TD Charitable Foundation Awards $3.125 Million in Grants to Non-Profits Expanding Access to Affordable Housing
The "Housing for Everyone" grants will fund projects supporting the creation, expansion or preservation of affordable housing properties and programs
CHERRY HILL, N.J., Nov. 16, 2018 /PRNewswire/ -- Through its "Housing for Everyone" grant competition, TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, this week awarded 25 organizations throughout TD Bank's footprint from Maine to Florida a total of $3.125 million.
The theme of this year's competition is Expansion of Access to Affordable Housing and the 25 grants of $125,000 each will fund programs from these 25 winning organizations that provide access to safe, clean, physically accessible affordable housing units for families, individuals, the elderly, new Americans, Veterans, the disabled, women and youth. The competition will also look to fund the development and maintenance of programs that educate and assist individuals in finding permanent or transitional housing opportunities that meet their needs.
Earlier this year, TD launched The Ready Commitment, a global, multi-year program to help individuals and communities prosper. As part of The Ready Commitment, TD targets CDN $1 billion (US $775 million) in total by 2030 towards community giving in four areas critical to building an inclusive tomorrow – Financial Security, a more Vibrant Planet, Connected Communities and Better Health. Financial Security initiatives seek to increase access to the opportunities people need to help improve their financial wellness, ranging from access to affordable housing to financial literacy to early learning and income stability. Grants made through the TD Charitable Foundation's 13th annual Housing for Everyone program help local non-profits provide affordable housing to individuals and families, leading to improvements in their ability to plan for the future and participate more fully in educational and economic opportunities.
"The winners of this year's Housing for Everyone competition embody The Ready Commitment pillar of Financial Security," said Lisa Gruner, Head of Social Impact and TD Charitable Foundation. "TD is honored to fund these organizations' projects which will help to increase financial wellness to families and individuals across our footprint."
This year's "Housing for Everyone" grants winners are:
- Avesta Housing Development Corporation (Portland, ME)
- Caritas Communities (Braintree, MA)
- Champlain Housing Trust (Burlington, VT)
- Chester County Department of Community Development (West Chester, PA)
- Community Development Corporation of Long Island (Centrereach, NY)
- Community Loan Fund of New Jersey (New Brunswick, NJ)
- Community Preservation and Development Corporation (Washington, DC)
- Greater Bergen Community Action (Hackensack, NJ)
- Habitat for Humanity of Brevard County (Palm Bay, FL)
- Habitat for Humanity of Greater Miami (Miami, FL)
- HELP Development Corp (New York, NY)
- Homes of Hope (Greenville, SC)
- Jubilee Housing (Washington, DC)
- Lawrence Community Works (Lawrence, MA)
- Mutual Housing Association of Greater Hartford (Hartford, CT)
- NeighborWorks Southern New Hampshire (Manchester, NE)
- New York Foundling Hospital (New York, NY)
- NewCourtland Elder Services (Philadelphia, PA)
- Newvue Communities (Fitchburg, MA)
- Rural Ulster Preservation Company (Kingston, NY)
- Settlement Housing Fund (New York, NY)
- SWAP, Inc. (Providence, RI)
- Volunteers of America Delaware Valley (Camden, NJ)
- Women in Need (New York, NY)
- Youth and Family Alternatives (New Port Richey FL)
These 25 organizations are transforming lives by providing affordable housing in communities served by TD Bank. The projects funded by the grants focus on the preservation, rehabilitation or expansion of viable existing affordable housing properties; the creation of new units of affordable housing; or programs or services that help individuals access affordable housing.
Since 2006, the TD Charitable Foundation has awarded more than $25 million in grants through this competition.
About the TD Charitable Foundation
The TD Charitable Foundation is the charitable giving arm of TD Bank, America's Most Convenient Bank®, one of the sixth largest commercial banking organizations in the United States. Since its inception in 2002, the Foundation has distributed more than $200 million and more than 19,500 grants in charitable donations from Maine to Florida. The Foundation's mission aligns with The Ready Commitment, a new multi-year program that TD launched in March 2018 to help individuals and communities prosper. As part of The Ready Commitment, TD targets CDN $1 billion (US $775 million) in total by 2030 towards community giving in four areas critical to opening doors for an inclusive tomorrow – Financial Security, a more Vibrant Planet, Connected Communities and Better Health. Through The Ready Commitment, TD's aspiration is to link business, products, services, and community giving to help people feel more confident - not just about their finances, but about their future and their ability to achieve their personal goals in a changing world. For further information, visit TD.com/thereadycommitment. More information on the TD Charitable Foundation, including the online grant application, is available at TDBank.com.
About TD Bank, America's Most Convenient Bank®
TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America's Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol "TD". To learn more, visit www.td.com.
SOURCE TD Bank
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