TD Charitable Foundation opens application process for affordable housing grants

TD Charitable Foundation, the giving arm of Cherry Hill-based TD Bank, has launched its 17th annual Housing for Everyone grant competition, which will award a total of $7 million to 37 nonprofit organizations across its coverage area.

The competition, which will include nonprofits in 17 states and Washington, D.C., will focus on organizations delivering rental assistance, rehabilitating affordable housing properties and building organizational capacity to address resident sustainability, the foundation said in a news release.

“Housing organizations are on the front lines of this growing affordable housing crisis,” Paige Carlson-Heim, director of the foundation, said in a prepared statement. “They are called upon time and time again to meet the needs of some of the most vulnerable members of our communities. We expect the demand for affordable units and assistance with rent to increase, so our 17th annual Housing for Everyone grant program centers on supporting those organizations.”

To be considered for a grant, applicants must be affordable housing providers who are preserving or rehabilitating affordable housing, providing rental assistance funds and/or seeking to strengthen organizational capacity.

For more information, or to apply, click here. Applications are open until 4 p.m. Feb. 14. Winners will be announced in May.

Since its inception in 2005, the Housing for Everyone program has awarded more than $42 million to nonprofits.