March 9, 2020 – Philadelphia, PA – The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, recently donated $125,000 to Mission First Housing Group as part of the foundation’s Housing for Everyone grant competition. A total of $3.75 million was provided to 30 nonprofits to improve access to safe, clean and affordable housing in communities from Maine to Florida.
Mission First Housing Group develops and manages affordable, safe and sustainable homes for people in need, with a focus on the most vulnerable. A nonprofit organization working to ensure everyone has a safe, affordable place to call home, Mission First currently provides affordable housing and services to over 5,000 people in nearly 3,800 apartments, including veterans, survivors of domestic violence, seniors and the disabled.
The funds from the TD Charitable Foundation will support Mission First’s Parkside Neighborhood Preservation, allowing for the essential renovations of 82 scattered site affordable apartments in 16 buildings in the East Parkside neighborhood of West Philadelphia. The work will build upon the City of Philadelphia’s recent $5.4 million improvement to Fairmount Park, as well as investment and commitments for new athletic fields, transit improvements and infill development along nearby 52nd Street. The majority of apartments will serve individuals below 30% of Area Median Income and thirty-five of the 82 units currently serve individuals with disabilities.
“The Housing for Everyone grant bring the bank’s social impact platform, the TD Ready Commitment, to life by helping to create safe, affordable residences for those in greatest need,” said Paige Carlson-Heim, Director of the TD Charitable Foundation and Office of Charitable and Community Giving. “We recognize that having a safe, affordable place to live is essential to achieving financial security.”
“We are so thankful for TD Charitable Foundation’s commitment to affordable housing,” said Alfredo de la Peña, Chief Executive Officer for Mission First. “These funds will contribute to the preservation of much-needed affordable housing assets in West Philadelphia. We look forward to a long-lasting partnership with TD Bank and the Charitable Foundation.”
The Housing for Everyone grant competition supports TD’s longstanding commitment to community enrichment through TD’s social impact platform, the TD Ready Commitment. The TD Ready Commitment actively promotes inclusivity, economic vitality, environmental wellbeing and health, enabling people of all backgrounds to succeed in a rapidly changing world. As part of the TD Ready Commitment, TD targets US $750 million in total by 2030 towards community giving in four critical areas: Financial Security, a more Vibrant Planet, Connected Communities and Better Health. Through this platform, TD aspires to create a more inclusive tomorrow — helping people of all backgrounds feel more confident, not just about their finances, but about their ability to achieve their goals. Visit: https://www.tdbank.com/corporate-responsibility/the-ready-commitment/
About the TD Charitable Foundation
The TD Charitable Foundation is the charitable giving arm of TD Bank, America’s Most Convenient Bank®, one of the 10 largest commercial banking organizations in the United States. Since its inception in 2002, the Foundation has distributed over $230 million through nearly 21,330 grants through donations to local nonprofits from Maine to Florida. More information on the TD Charitable Foundation, including the online grant application, is available at https://www.tdbank.com/corporate-responsibility/the-ready-commitment/funding-opportunities/
About TD Bank, America’s Most Convenient Bank®
TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.td.com/us. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America’s Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com/us.