TD Bank Commits $7.2M to Support Homeownership Stability Across 36 Community Organizations

Foundation’s Latest Initiative Targets Housing Affordability Challenges

TD Bank’s charitable arm has distributed $7.2 million across 36 nonprofits operating throughout its service regions spanning Maine to Florida and Michigan. The 2025 distribution marks the 19th annual cycle of the Housing for Everyone initiative, with each organization receiving $200,000 to strengthen homeownership programs in their respective communities.

The funding directly addresses mounting pressures facing low- to moderate-income households. Property tax increases, escalating repair costs, and foreclosure risks have created urgent needs for comprehensive support services. Selected grant recipients are focused on delivering post-purchase counseling, foreclosure prevention programs, financial assistance coupled with guidance, essential home repairs, energy efficiency upgrades, legal services, and property tax relief initiatives.

Long-Term Impact and Track Record

Since launching in 2005, Housing for Everyone has channeled over $63 million to support more than 620 affordable housing projects. Paige Carlson-Heim, Director of the TD Charitable Foundation, emphasized the program’s importance: “These organizations provide critical assistance to homeowners protecting themselves against displacement while building financial resilience. By enabling essential repairs and foreclosure counseling, we’re helping stabilize neighborhoods and sustain long-term homeownership across our footprint.”

The foundation’s commitment extends beyond immediate relief—the program strengthens institutional capacity for sustained community development. Through legal assistance programs and repair funding, grantees address barriers that often trap families in cycles of housing instability.

2025 Grant Distribution Across States

Organizations receiving support span multiple states, with significant concentrations in major service markets. New Jersey leads with $1.4 million distributed to seven community development entities, while Florida and New York each received $1.2 million supporting six organizations. Massachusetts, Pennsylvania, and Connecticut received smaller allocations, while Delaware, Maine, Maryland, Michigan, New Hampshire, North Carolina, Rhode Island, South Carolina, Vermont, and Washington, D.C. each received $200,000 distributions.

This geographic diversity reflects TD Bank’s commitment to addressing housing stability as a foundation for broader financial wellbeing. The foundation has distributed more than $361 million since its 2002 inception, underscoring its role as a significant philanthropic force within regional communities it serves.