TD program earmarks $7.2M for nonprofits to address homeownership challenges
TD Charitable Foundation, the giving arm of TD Bank, announced $7.2 million in available grants of $200,000 each through its 19th annual Housing for Everyone grant program.
Nonprofit organizations in the bank’s Maine-to-Florida and Michigan footprint can submit an application by 4 p.m. ET on Feb. 6.
Proposals should demonstrate a positive impact for disadvantaged populations facing barriers to sustaining ownership of a home.
Winners will be announced in May.
The program focuses on nonprofit organizations that provide post-purchase resources and solutions to low- and moderate-income individuals and families facing challenges in maintaining homeownership.
Since its inception in 2005, Housing for Everyone has provided more than $56 million to help more than 585 affordable housing initiatives in the U.S. communities TD serves from Maine to Florida and in the Detroit metro area.
"The national affordable housing crisis impacts not only those struggling to find a home, but those trying to maintain ownership of a home," said Paige Carlson-Heim, TD’s head of social impact.
TD will fund select nonprofit programming with a focus on post-purchase and/or foreclosure counseling, agency-owned and/or managed financial assistance funds (when accompanied by post-purchase counseling), energy efficiency improvements, legal assistance and/or property tax relief programs, for example.
For more information, click here.
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