TD Charitable Foundation Awards $7 Million to 37 Non-Profits Helping Preserve Affordable Rental Housing
The 17th annual Housing for Everyone grant program will support organizations focused on helping individuals and families navigate inflation and the rapid rise in rental costs
CHERRY HILL, N.J., May 8, 2023 /PRNewswire/ — TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, today awarded a total of $7 million to 37 non-profits across the bank’s footprint through the 17th annual Housing for Everyone grant program. Grants ranging from $150,000 to $250,000 will support organizations that work to deliver rental assistance, rehabilitate affordable rental housing properties, and build organizational capacity to address resident sustainability for the long-term.
As individuals and families across the country struggle with inflation and an exponential rise in rental costs, affordable housing providers face increased hardship given the growing demand for affordable rental units and emergency rental assistance.
“The affordable housing crisis continues to burden the most vulnerable members of our communities and the organizations committed to supporting them,” said Paige Carlson-Heim, Director of the TD Charitable Foundation. “At TD, we’re committed to doing our part to help create a more sustainable and inclusive future for everyone, and that includes providing access to safe, affordable homes. This year’s grant recipients are mission-critical to that work, and the TD Charitable Foundation is proud to support them in their efforts to create a positive impact and a pathway to housing stability in the communities we serve.”
The 2023 Housing for Everyone grant recipients include:
Connecticut – Grants Totaling $425,000
Connecticut Institute for Refugees and Immigrants – Awarded $250,000
NeighborWorks New Horizons – Awarded $175,000
Delaware – Grants Totaling $150,000
YMCA of Delaware – Awarded $150,000
Florida – Grants Totaling $1,100,000
Aspire Health Partners – Awarded $150,000
Camillus House, Inc. – Awarded $175,000
Central County Community Development Corporation – Awarded $175,000
Emergency Services and Homeless Coalition of St. Johns County – Awarded $175,000
Housing Authority of the City of St. Petersburg – Awarded $250,000
Metropolitan Ministries – Awarded $175,000
Maine – Grants Totaling $325,000
Avesta Housing Development Corporation – Awarded $175,000
Community Concepts – Awarded $150,000
Maryland – Grants Totaling $175,000
Montgomery Housing Partnership, Inc. – Awarded $175,000
Massachusetts – Grants Totaling $650,000
FamilyAid Boston, Inc. – Awarded $250,000
NewVue Communities – Awarded $150,000
Nuestra Comunidad Development Corporation – Awarded $250,000
Michigan – Grants Totaling $250,000
South Oakland Shelter dba Lighthouse – Awarded $250,000
New Hampshire – Grants Totaling $250,000
Granite United Way – Awarded $250,000
New Jersey – Grants Totaling $1,075,000
Foresight Affordable Housing, Inc. – Awarded $150,000
Housing and Neighborhood Development Services (HANDS, Inc.), – Awarded $250,000
New Jersey Community Development Corporation – Awarded $150,000
Project Freedom – Awarded $175,000
The Gateway Family YMCA – Awarded $175,000
York Street Project – Awarded $175,000
New York – Grants Totaling $925,000
Asian Americans for Equality – Awarded $250,000
HousingPlus Solutions – Awarded $175,000
Jericho Project – Awarded $175,000
Options for Community Living, Inc. – Awarded 150,000
Warren Washington County Homeless Youth Coalition, WAIT House – Awarded $175,000
North Carolina – Grants Totaling $250,000
DreamKey Partners – Awarded $250,000
Pennsylvania – Grants Totaling $575,000
ACLAMO– Awarded $175,000
Congreso de Latinos Unidos – Awarded $150,000
People’s Emergency Center – Awarded $250,000
Rhode Island – Grants Totaling $175,000
Pawtucket Central Falls Development Corporation – Awarded $175,000
South Carolina – Grants Totaling $175,000
Upstate Warrior Solution – Awarded $175,000
Vermont – Grants Totaling $325,000
RuralEdge – Awarded $150,000
Lamoille Housing Partnership – Awarded $175,000
Washington, D.C. – Grants Totaling $175,000
Friendship Place – Awarded $175,000
Since its inception in 2005, the Housing for Everyone grant program has awarded more than $49 million to non-profit organizations and helped support more than 550 affordable housing initiatives in the communities TD serves.
The Housing for Everyone grant program underscores TD’s longstanding commitment to community enrichment, as well as the Bank’s efforts to help people live with greater financial confidence through the TD Ready Commitment, TD’s corporate citizenship platform. Through the TD Ready Commitment, TD is targeting $775 million to community giving by 2030 across four drivers of change – Financial Security, Vibrant Planet, Connected Communities and Better Health – to open the doors to a more inclusive and sustainable tomorrow.
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 10 largest banks in the U.S., providing over 9.8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,100 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. Since its inception in 2002, the Foundation has distributed over $305 million through donations to local nonprofits from Maine to Florida. More information on the TD Charitable Foundation is available at https://www.tdbank.com/corporate-responsibility/the-ready-commitment/funding-opportunities/.
About the TD Ready Commitment
TD has a long-standing commitment to enriching the lives of its customers, colleagues and communities. Under the TD Ready Commitment and its four key, interconnected drivers of: Financial Security, Vibrant Planet, Connected Communities, and Better Health; we are targeting a total of $1 billion by 2030 in community giving to help support initiatives that focus on these drivers. Through the TD Ready Commitment, TD aspires to link its business, philanthropy and human capital to help people feel more confident – not just about their finances, but also in their ability to achieve their personal goals in a changing world. For further information, visit www.td.com/tdreadycommitment.
SOURCE TD Bank