TD Bank awarding $1M housing grants (10 of them) to local non-profits
TD Bank Group (TD) is seeking applications from non-profit and charitable organizations for a new initiative seeking to address systematic barriers to affordable housing. The initiative, called the 2023 TD Ready Challenge, is focused on finding innovative solutions to the issue of affordable housing
TD Bank Group (TD) is seeking applications from non-profit and charitable organizations for a new initiative seeking to address systematic barriers to affordable housing.
The initiative, called the 2023 TD Ready Challenge, is focused on finding innovative solutions to the issue of affordable housing across the continuum from transitional to permanent homes, with ten total grants valued at $1 million.
“Access to affordable housing is a complex issue that will only be improved through collaboration across the public sector, private sector and not-for-profit organizations,” said Janice Farrell Jones, SVP of Sustainability and Corporate Citizenship, TD. “We recognize the impact housing can have on an individual’s health and economic well-being, and with these grants, want to help enable organizations from across our footprint to develop diverse and innovative solutions that could break down barriers and provide greater access to affordable and stable housing for vulnerable people.”
This year’s problem statement aligns with TD Pathways to Economic Inclusion, a social framework announced by the Bank in March 2023, which focuses on three areas where the Bank seeks to contribute to inclusive financial and economic outcomes: employment access, financial access, and housing access. Through its business, TD provides financial tools and advice to help people access housing and to remain in their homes and supports organizations that help contribute to the supply of affordable housing. Through its philanthropy, TD supports organizations that are focused on increasing access to secure housing and related supports for more vulnerable members of their communities, as well as organizations that focus on helping to improve and support the supply and refurbishment of affordable housing.
TD Bank has 60 locations in New Hampshire, including Manchester locations on South Willow Street, Franklin Street, Bay Street and South Main Street.
TD will be accepting grant applications until September 13, 2023. For complete details about this year’s Challenge, please visit: td.com/readychallenge.
