TD Charitable Foundation awards $1.1M to 6 N.J. nonprofits to support housing for marginalized communities

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TD Bank‘s philanthropic arm, the TD Charitable Foundation, on Wednesday announced it awarded a total of $7 million to 37 nonprofits across the bank’s Maine-to-Florida footprint and in Michigan through the 18th annual Housing for Everyone grant program. In New Jersey, $1.15 million was awarded to six local organizations to address the housing affordability crisis.

Grants ranging from $150,000 to $250,000 will support independent living for marginalized community members, especially those who experience homelessness and face conditions that make it difficult to maintain a stable home without additional help.

The 2024 Housing for Everyone grant recipients represent organizations focused on housing solutions including rapid rehousing (such as short-term rental assistance), permanent supportive housing (such as a combination of leasing and/or rental assistance and/or support services) or transitional housing (such as temporary accommodations) that lead to stable, independent living situations.

“These organizations are making it their primary mission to help relieve some of the most vulnerable members of our community — those who are unsheltered or experiencing homelessness due to higher eviction rates as pandemic-era programs have ended or financial insecurity grows through inflation or other factors,” Paige Carlson-Heim, director of the TD Charitable Foundation, said. “Housing for Everyone grant recipients are working closely with TD to improve access by creating innovative solutions that are helping to create a more sustainable and inclusive future for everyone. It is a privilege to support our 2024 Housing for Everyone grant recipients and to continue to be a part of this imperative work.”

Recipients in New Jersey were:

  • Greater Bergen Community Action Inc. (Hackensack): $250,000;
  • Jewish Family Service of Atlantic County (Margate): $250,000;
  • Family Promise of Warren County Inc. (Oxford): $175,000;
  • Tri-County Community Action Agency Inc. (Bridgeton): $175,000;
  • Bergen County’s United Way (Paramus): $150,000;
  • Roots & Wings (Denville): $150,000.

Since 2005, the Housing for Everyone grant program has awarded more than $49 million to support more than 550 affordable housing initiatives in the communities TD serves. Housing for Everyone underscores TD’s longstanding commitment to community enrichment and helping people live with greater financial confidence through the TD Ready Commitment, TD’s corporate citizenship platform.