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TD Charitable Foundation Awards $7 million in Grants to 37 Non-Profits Supporting Housing for Marginalized Communities

2024 Housing for Everyone grant recipients strengthen independent living solutions

TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, today announced it awarded a total of $7 million to 37 non-profits across the bank's Maine to Florida footprint and in Michigan through the 18th annual Housing for Everyone grant program. Grants ranging from $150,000 to $250,000 will support independent living for marginalized community members, especially those who experience homelessness and face conditions that make it difficult to maintain a stable home without additional help.

As the affordable housing crisis continues, gaining access to and sustaining safe affordable housing remains out of reach for many across the U.S. The 2024 Housing for Everyone grant recipients represent organizations focused on housing solutions including rapid re-housing (such as short-term rental assistance), permanent supportive housing (such as a combination of leasing and/or rental assistance and/or support services) or transitional housing (such as temporary accommodations) that lead to stable, independent living situations.

"These organizations are making it their primary mission to help relieve some of the most vulnerable members of our community — those who are unsheltered or experiencing homelessness due to higher eviction rates as pandemic-era programs have ended or financial insecurity grows through inflation or other factors," said Paige Carlson-Heim, Director of the TD Charitable Foundation. "Housing for Everyone grant recipients are working closely with TD to improve access by creating innovative solutions that are helping to create a more sustainable and inclusive future for everyone. It is a privilege to support our 2024 Housing for Everyone grant recipients and to continue to be a part of this imperative work."

The 2024 Housing for Everyone grant recipients are:

  • South Carolina – Grants totaling $175,000

TD Bank is deeply committed to working with local organizations to address the housing affordability crisis. On Tuesday, April 30, TD hosted its first TD Housing Summit, a groundbreaking event aimed at addressing the critical need for affordable housing solutions in the U.S. Gathering on the campus of Howard University, the summit brought together a diverse array of housing organizations including several previous Housing for Everyone grant recipients, academics, and public and private sector leaders for a collaborative exchange of ideas.

Since 2005, the Housing for Everyone grant program has awarded more than $49 million to support more than 550 affordable housing initiatives in the communities TD serves. Housing for Everyone underscores TD's longstanding commitment to community enrichment and helping people live with greater financial confidence through the TD Ready Commitment, TD's corporate citizenship platform. The TD Ready Commitment has 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 10 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 $323 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. As part of its corporate citizenship platform, the TD Ready Commitment, TD is targeting CDN $1 billion (U.S. $775 million) in total by 2030 towards community giving in four areas critical to help open doors for a more inclusive and sustainable tomorrow – Financial Security, Vibrant Planet, Connected Communities and Better Health. 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 td.com/tdreadycommitment.

Contacts

Media Contact:

Natasha Brown

Corporate Communications Manager, Corporate and Public Affairs, TD Bank

Natasha.Brown@td.com

504-655-8480

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