Deadline: 14-Feb-23
The 17th annual Housing for Everyone competition is now open for applications to address the need for Preservation of Affordable Rental Housing.
Focus Areas
Grants ranging from $150,000−$250,000 will be made available to eligible organizations addressing any of these three key areas of focus:
- Property Rehabilitation
- Rental assistance funds
- Building organizational capacity to ensure residents sustainability
Eligibility Criteria
- They support initiatives (should this be ‘organizations’ vs ‘initiatives’) that:
- Are tax-exempt under IRS Code 501(c)(3), or a state/local governmental entity and not classified as a private foundation
- Comply with the TD Charitable Foundation’s anti-discrimination policy
- 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
- Show fiscal responsibility and ongoing viability
- Have a clear evaluation process and measurement tools in place to track impact
- Have not received more than $300,000 in funding from TD and/or the TD Charitable Foundation from October 31, 2021, through October 31, 2022
- They support projects that:
- Are located in one of the competition’s eligible geographic regions
- Have a clear outline explaining how the project will preserve affordable rental housing through rehabilitation, rental assistance and/or building organizational capacity
Evaluation Criteria
- Alignment to the Housing for Everyone theme: The organization has clearly outlined how their efforts will aid in the preservation of affordable rental housing.
- Feasibility of the proposal: The intended outcomes or results of the project are feasible considering the activities, resources and 18-month funding window. The organization has a clear evaluation process and measurement tools in place to track impact.
- Well-positioned team: The mission and/or day-to-day activities of the organization align with the Housing for Everyone theme; the organization has 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, and the organization is well-positioned to deliver on intended results and objectives.
- Value for money: The budget is reasonable considering the activities, outcomes and intended results.
For more information, visit TD Bank.