Housing for Everyone grant program – Feb 6

Posted by TD Charitable Foundation on January 21, 2025

TD Charitable Foundation invites applications for Housing for Everyone grant program

The TD Charitable Foundation, the charitable giving arm of TD Bank, has launched its annual Housing for Everyone competition to assist nonprofit organizations that provide affordable housing and/or wraparound services to increase access to affordable, stable housing situations for individuals and families.

According to the foundation, home ownership historically has been an effective tool for building generational wealth, as it can provide a stable investment that also doubles as a place to live. Homes are assets that can be passed down for generations, and mortgage payments help to build equity in the investment, yielding opportunities for equity loans. For low- to moderate-income (LMI) families, homeownership can be the single largest investment they ever make. As such, it may be their most important source of wealth accumulation and financial security.

Many households in LMI communities face significant challenges that threaten their ability to sustain homeownership, including rising property taxes, increasing home repair costs, and the risk of foreclosure. To address these barriers, the 2025 Housing for Everyone competition will award $7.2 million to select organizations focused on providing solutions that support maintaining homeownership in low- to moderate-income communities through post-purchase support.

Grants in the amount of $200,000 will be made available to eligible organizations. The most competitive proposals will be those that best demonstrate impactful post-purchase homeownership support and their role in home preservation on a path to wealth development.

Projects must be located in the competition’s eligible geographic regions, including New England, upstate New York, and the metropolitan areas surrounding New York, Pennsylvania/New Jersey, the Mid-South, Florida, and Detroit.

Applicants must be tax-exempt under section 501(c)(3) of the Internal Revenue Code or a state/local governmental entity and not classified as a private foundation, have a history of providing affordable housing for low- to moderate-income individuals and/or families, or can demonstrate a strong record of creating pathways and facilitating placement of affordable housing for low- to moderate-income individuals and/or families.

For complete program guidelines, application instructions, and information about previously awarded grantees, see the TD Charitable Foundation website.

Deadline: February 6, 2025 at 4:00 p.m. ET