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TD Foundation Awards $7,000,000 to Nonprofits

TD Foundation Awards $7,000,000 to Nonprofits

Monday, May 8, 2023

TD Charitable Foundation on Monday said it awarded a total of $7 million to 37 nonprofits across the bank’s footprint through the 17th annual Housing for Everyone grant program.

According to the charitable giving arm of Cherry Hill-based TD Bank, “America’s Most Convenient Bank,” 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,” Paige Carlson-Heim, director of the TD Charitable Foundation, said. “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.”