CHERRY HILL, N.J. and PORTLAND, Maine, July 2, 2012 /PRNewswire/ -- The TD Charitable Foundation, funded by TD Bank, America's Most Convenient Bank®, today announced it will award $2.5 million in grants in 2012 to support transitional housing and homeless shelter projects and initiatives through its seventh annual "Housing for Everyone" grant competition.
The "Housing for Everyone" grant competition is the TD Charitable Foundation's signature program to bolster affordable housing efforts in communities served by TD Bank. The competition invites local non-profit organizations from Maine to Florida to submit proposals in which the organizations outline their plans to address the most acute affordable housing needs in their communities.
Twenty-five organizations throughout TD Bank's footprint from Maine to Florida will be awarded a $100,000 grant for a total grant donation of $2.5 million.
"Homelessness is a housing crisis that affects millions of people every day," said Elizabeth K. Warn, President of the TD Charitable Foundation. "For the working poor, people with disabilities or addictions, or those who simply cannot afford a viable place to live, shelters and transitional housing provide safe harbor and hope for the future. We look forward to awarding these grants to local non-profit organizations and seeing the meaningful contributions they make in the communities where TD Bank customers and employees live and work."
This year's "Housing for Everyone" theme is Transitional Housing and Homeless Shelters, focusing on projects that will expand the availability of and/or access to transitional housing and/or homeless shelters.
Applications for funding must focus on:
- Homeless Shelters: which are facilities that provide temporary housing and may provide a variety of other services including but not limited to a soup kitchen, substance abuse counselors, job training, etc.
- Transitional Housing: which is intended to provide the support needed for temporary occupants to move into long-term housing and is usually offered as part of a broader spectrum of services or programs that may provide but is not limited to counseling, job training, childcare, skills training and health care assistance.
Organizations that wish to enter the 2012 "Housing for Everyone" grant competition must have tax-exempt 501(c)(3) status; must develop or maintain affordable housing, or provide housing-related programs and services to low-to-moderate-income individuals or families; and serve the communities where TD Bank does business. Applicant organizations must also demonstrate fiscal responsibility and the impact they have made on affordable housing efforts in their communities.
Proposals will only be accepted online at www.TDBank.com (click on Our Community) and must be submitted by 4 p.m. on Friday, August 31, 2012. Winners will be notified in mid- November 2012.
For the past six years, the TD Charitable Foundation has invested nearly $9.7 million in the "Housing for Everyone" competition to help create or maintain more than 8,300 affordable housing units.
About the TD Charitable Foundation
The TD Charitable Foundation is funded by TD Bank N.A., which operates as TD Bank, America's Most Convenient Bank®, and is one of the 10 largest commercial banking organizations in the United States. The Foundation's mission is to serve the individuals, families and businesses in all the communities where TD Bank operates, having made $88.6 million in charitable donations since its inception in 2002. The Foundation's areas of focus are affordable housing, financial literacy and education, and the environment. More information on the TD Charitable Foundation, including an online grant application, is available at www.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 nearly 8 million customers with a full range of retail, small business and commercial banking products and services at more than 1,280 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized wealth management services through TD Wealth, insurance products and services through TD Insurance, Inc., and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J., and Portland, Maine. To learn more, find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS, on Twitter at www.twitter.com/TDBank_US, or visit www.tdbank.com.
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 and one of the few banks in the world rated Aaa by Moody's. 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 Charitable Foundation