TD Charitable Foundation awards $5.8M to 33 non-profits, VT gets $325K

The 16th annual Housing for Everyone grant program will help housing organizations deliver critical resident services like eviction prevention assistance, workforce development and childcare

Vermont Business Magazine Three Vermont non-profit housing organizations – Champlain Housing Trust (CHT), Downstreet Housing & Community Development (Downstreet), and Twin Pines Housing (Twin Pines) – have been awarded a total of $325,000 in Housing for Everyone grants from the TD Charitable Foundation. The organizations are three of 33 organizations selected from more than 357 applicants to receive a Housing for Everyone grant as part of the TD Charitable Foundation's annual grant program helping to provide affordable housing since 2005.

Downstreet and Twin Pines will collaborate to use their $175,000 grant to grow Twin Pines’ existing resident services program and pilot a resident services program at Downstreet. Funds will be used to support one new staff position at each organization, and Twin Pines will support Downstreet as they develop their program over the next 18 months.

Champlain Housing Trust will use their award for similar activities, as the organization has tripled its resident services staffing during the pandemic. CHT has housed over 120 formerly homeless Vermonters in the last year in addition to providing support to hundreds of existing tenants.

"Without the critical resident services provided by organizations like Downstreet, Twin Pines, and Champlain Housing Trust, many individuals and families would struggle to find - or risk losing - a safe, affordable place to call home. The support from the TD Charitable Foundation's Housing for Everyone grant program will help these organizations continue to provide services like eviction assistance, housing search assistance, and direct support to help manage day-to-day challenges to even more individuals and families across Vermont," said Sheryl McQuade, Regional President for Northern New England at TD Bank.

"The housing crisis in Vermont and New Hampshire is the worst I've ever seen it," says Twin Pines Housing's Executive Director Andrew Winter. "Our community's well-being and our quality of life depend on all of us rising to the challenge of addressing this critical situation."

“We always say ‘home is more than four walls and a roof,’” said Connie Snow, Interim CEO at Downstreet. “This grant gets to the root of housing insecurity, and will help people stay in their homes long-term.”

“CHT’s growing resident services staff support our residents every day, and often step up to intervene in more serious life and death situations,” said Michael Monte, CEO of the Champlain Housing Trust. “On behalf of all of us, thank you to TD Charitable Foundation for recognizing this work and supporting it.”

TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank, on March 8 awarded a total of $5.8 million through the 16th annual Housing for Everyone grant program. The TD Charitable Foundation selected 33 non-profit organizations across TD Bank's footprint to receive Housing for Everyone grants ranging from $150,000 to $250,000.

As individuals and families across the country faced increased hardship due to the COVID-19 pandemic, demand quickly grew for the critical resources and wraparound services housing organizations provide such as eviction prevention, workforce development, housing and financial counseling, childcare and housing search assistance.

"Housing organizations have been on the front lines of both the affordability crisis and the COVID-19 pandemic. They have been called upon time and time again over the past few years to do everything from helping people find affordable homes to serving as vaccine clinics. Each time, they've stepped up and expanded their mandates to meet the needs of some of the most vulnerable members of our communities and work towards an equitable COVID-19 recovery," said Paige Carlson-Heim, Director of the TD Charitable Foundation.

Due to this increased demand on housing organizations, the TD Charitable Foundation focused the 16th annual Housing for Everyone grant program on supporting these organizations deliver the resources and wraparound services individuals and families need to access a safe, affordable place to call home.

"The TD Charitable Foundation is proud to support this year's Housing for Everyone grant recipients who worked tirelessly so people could find or remain in safe, affordable homes during these tumultuous times. Without the help of these organizations, and countless others, navigating these difficult times would have been unimaginable for many. Our support will help ensure that affordable housing providers have the capabilities and assistance required to deliver these services for the long-term," added Carlson-Heim.

The 2021 Housing for Everyone grant recipients include:

  • Connecticut – Grants Totaling $150,000

  • Michigan – Grants Totaling $250,000

  • New Hampshire – Grants Totaling $150,000

Since its inception in 2005, the Housing for Everyone grant program has awarded more than $42 million to non-profit organizations and helped support over 500 affordable housing initiatives in the communities TD serves.

The Housing for Everyone grant program supports TD's longstanding commitment to community enrichment, as well as the Bank's efforts to help people live with greater financial confidence through the TD Ready Commitment, TD's corporate citizenship platform. Through the TD Ready Commitment, TD is targeting $775 million towards community giving by 2030 across 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 Housing for Everyone
Since inception in 2005, the TD Charitable Foundation's annual Housing for Everyone grant competition has awarded more than $42 million to over 500 affordable housing initiatives. The Housing for Everyone grant competition supports TD's longstanding commitment to community enrichment through TD's corporate citizenship platform, The Ready Commitment, which actively promotes inclusivity, economic vitality and environmental wellbeing, enabling people of all backgrounds to succeed in a rapidly changing world. As part of The Ready Commitment, TD targets $775 million in total contributions toward community giving by 2030 in four critical areas: Financial Security, a more Vibrant Planet, Connected Communities and Better Health.

Through this platform, TD aspires to create a more inclusive tomorrow — helping people of all backgrounds feel more confident, not just about their finances, but about their ability to achieve their goals. Visit: https://www.tdbank.com/corporate-responsibility/the-ready-commitment/

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 commercial banking organizations in the United States. Since its inception in 2002, the Foundation has distributed over $282 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 Champlain Housing Trust

The Champlain Housing Trust is a community land trust that supports the people of northwest Vermont and strengthens their communities through the development and stewardship of permanently affordable homes and related community assets. CHT’s housing includes 2,500 affordable apartments and 650 homes kept affordable forever. It also operates a loan fund for home repairs, offers financial literacy, education and counseling, and a manufactured home replacement program – and recently launched a new farm worker housing rehab program. More information can be found at www.getahome.org.

SOURCE CHERRY HILL, N.J., March 8, 2022 /PRNewswire/ -- TD Charitable Foundation. downstreet.org