TD Charitable Foundation to Offer $1.5 Million in Donations through its Third Annual 'Housing for Everyone' Competition

For the first time, program to support local affordable housing efforts in

both Commerce Bank and TD Banknorth markets

Aug 04, 2008, 01:00 ET from TD Charitable Foundation

    CHERRY HILL, N.J. and PORTLAND, Maine, Aug. 4 /PRNewswire/ -- The TD
 Charitable Foundation announced that it is now accepting proposals from
 housing non-profits from Maine to Florida for funding through its 2008
 "Housing for Everyone" competition. The Foundation has increased donations
 this year to $1.5 million to support affordable housing initiatives in the
 communities where Commerce Bank and TD Banknorth do business.
     The TD Charitable Foundation first introduced the "Housing for
 Everyone" competition to all TD Banknorth markets in 2006. Each year the
 competition focuses on a specific aspect of affordable housing. Now in its
 third year, "Housing for Everyone" is open to organizations serving
 Commerce Bank's markets as well as TD Banknorth's. The donations will be
 available for operational funding for fiscally-responsible organizations
 that have made and continue to make a meaningful difference in the
 affordable housing landscape of their community.
     "This year's competition is focused on capacity-building of our local
 affordable housing organizations. We realize that current challenges in the
 housing market have increased our communities' need for certain kinds of
 support from these organizations," said Elizabeth K. Warn, president of the
 TD Charitable Foundation and Executive Vice President of Community
 Development for TD Banknorth. "We want to do our part to help affordable
 housing organizations continue operations and preserve all the services and
 programs that make them such valuable partners for our communities."
     Over the past years of the "Housing for Everyone" competition, the
 Foundation has invested a total of $3.3 million in donations to help create
 or maintain more than 2,300 affordable housing units.
     Applicant organizations for the 2008 competition must serve communities
 within Commerce Bank or TD Banknorth's current markets. Organizations must
 have tax-exempt 501(c)(3) status and must develop or maintain affordable
 housing, or provide housing-related programs and services to very-low, low-
 and moderate-income individuals or families. They must also demonstrate
 fiscal responsibility and the impact they have made on affordable housing
 efforts in their communities.
     Qualified organizations are encouraged to submit proposals by September
 12, 2008. Proposals will only be accepted online, at or Notification of awards will be made in November
     About the TD Charitable Foundation
     The TD Charitable Foundation is the charitable giving arm of TD Bank
 N.A., which operates under the trade names TD Banknorth and Commerce Bank
 and is one of the 20 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 Banknorth and Commerce Bank
 operate, having made over $34.4 million in charitable donations since its
 inception in 2002. The efforts of the Foundation are coordinated locally
 through TD Banknorth's and Commerce Bank's community relations departments
 and are focused on the areas of economic empowerment, youth development and
 community support. More information on the TD Charitable Foundation
 including an online grant application is available at
 or at

SOURCE TD Charitable Foundation