Community
Affordable Housing
Just the Facts |
| Investment in 2008: US$1.5 million in support of affordable housing; nearly US$5million in the last three years. |
| TD’s executive champion for children’s health: Tim Hockey, Group Head, Canadian Banking and President and CEO, TD Canada Trust |
Flagship programs:
|
The quality and availability of affordable housing are an important part of all strong, vibrant communities. We devote significant support to organizations that have made — and continue to make — a meaningful difference in the affordable housing landscape of their community and help them preserve the operations, services and programs that make them such valuable partners with our neighbourhoods.
Housing for Everyone
The TD Charitable Foundation has invested nearly US$5 million in the last three years to help make affordable housing available to thousands of people in its communities and to make a meaningful difference in their lives. The 2008 Housing for Everyone campaign focused on providing funding to strengthen the capacity of not-for-profit affordable housing organizations to help them continue to meet the housing needs of low- and moderate-income people.
In 2008, donations totaling US$1.5 million, up from US$1 million in 2007, were awarded to 48 not-for-profits in twelve states in 2008, including:
- US$100,000 to the Housing Neighborhood Development Services, Inc., in Orange, New Jersey, to support the rehabilitation of abandoned properties to stabilize neighbourhoods.
- US$100,000 to CAMBA, Inc. in New York City for the building of a 50-unit affordable and supportive housing development in central Brooklyn.
- US$75,000 to the Housing Alliance Partnership in Springfield, Massachusetts, to help low-income families achieve home ownership through intensive outreach, counselling, financial literacy and homebuyer education, credit repair and savings plans.
- US$50,000 to Philadelphia VIP (Volunteers for the Indigent Program) in Pennsylvania to support legal assistance provided by the organization’s Philadelphia LawWorks program and pro bono legal representation for clients facing homelessness and foreclosure.
- US$25,000 to the Women’s Institute for Housing and Economic Development, Inc. in Middletown, Connecticut, to support a real estate team dedicated to increasing affordable housing production for low-income people.
- US$15,000 to Connections Community Support Programs in Wilmington, Delaware, to support integrated housing programs serving people who are homeless or are living with mental health issues, substance abuse conditions or HIV/AIDS.
- US$15,000 to the Homeless and Travelers Aid Society of the Capital District to support 53 units of housing for homeless Albany County individuals and families with disabling conditions.
- US$15,000 to Neighborhood Renaissance, Inc. in Florida in support of its Affordable Workforce Housing/Preservation Program, which provides affordable homes for the area’s low-income workforce.
| “We are all still overjoyed at the wonderful news you shared with me and the rest of the VIP (Volunteers for the Indigent Program) staff. This incredible investment in our work is a true testament to TD Bank’s commitment to our community and low-income Philadelphians in particular. This wonderful gift will help us continue to provide critical access to justice for those most in need in Philadelphia.” Sara Woods, Executive Director, Philadelphia VIP |
