Capital Improvements for Affordable Housing

Posted by on August 13, 2010

TD Charitable Foundation Offers Grants to Support Capital Improvements for Affordable Housing
Deadline: September 3, 2010

The TD Charitable Foundation, the charitable giving arm of TD Bank, has announced that it will award a total of $1.7 million in grants through its fifth annual Housing for Everyone grant competition to support affordable housing initiatives from Maine to Florida.

The theme of this year’s competition is “Capital Improvements for Affordable Housing.” Preservation or improvement activities must make a qualitative difference in the lives of residents, improve the overall condition of the property, provide overall cost savings, and/or improve energy efficiency.

The foundation will award thirty-four grantsranging from $10,000 to $100,000 each to eligible housing nonprofit organizations that submit compelling proposals.

Applicant organizations must be tax-exempt under IRS Code 501(c)(3) or must be a state/local government entity; must develop or maintain affordable housingor provide housing-related programs and services to low- and moderate-income individuals or families; and must provide services in a TD Bank, N.A. metro market area. Applicants must also demonstrate fiscal responsibility and the impact they have made on affordable housing efforts in their communities.

Proposals will only be accepted online at the TD Bank Web site.

http://www.tdbank.com/community/housing_grant_competition.html