Deadline: 6-Feb-25
The TD Charitable Foundation is inviting applications for the Housing for Everyone Competition to select organizations focused on innovative solutions that support long-term homeownership stability.
Building on the goals of the TD Ready Commitment to help people achieve financial security, Housing for Everyone supports not-for-profit organizations that provide affordable housing and/or wraparound services to increase access to affordable, stable housing situations for individuals and families.
Many households in LMI communities face significant challenges that threaten their ability to sustain homeownership, including rising property taxes, increasing home repair costs, and 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.
Theme
- The theme for the 19th annual Housing for Everyone competition is maintaining homeownership in low- to moderate-income (LMI) communities through post-purchase support.
Funding Information
- Grants in the amount of $200,000 will be made available to eligible organizations.
Ineligible Projects
- They will not fund applications that focus on:
- New construction
- Eviction prevention
- Rehabilitation
- First-time homebuyer classes
- Services for those with over 80% of the median income
Eligibility Criteria
- They support organizations 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 moderateincome 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 Bank and/or the TD Charitable Foundation from October 31, 2023, through January 6, 2025.
- They support initiatives that are:
- Located in one of the competition’s eligible geographic regions.
Ineligibility Criteria
- They do not support:
- Programs serving communities outside the competition’s eligible geographic regions
- Individuals
- Private foundations
- Political candidates, lobbying or advocacy organizations
- Organizations with a limited constituency, such as fraternal or labor groups and athletic and social groups
- Religious organizations
- Organizations that discriminate based on race, national or ethnic origin, color, religion, age, sex, sexual orientation, gender identity or expression, marital status, family status, veteran status, disability, or other characteristic protected by law
- Research organizations or projects
- Fundraising events, annual appeals, and/or endowment funds
Evaluation Criteria
- Alignment to the Housing for Everyone theme: The organization has clearly outlined how their efforts will provide post purchase support to homeowners aiding in long term sustainability.
- Feasibility of the proposal: The intended outcomes or results of the project are feasible considering the activities, resources and 12-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 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 Charitable Foundation.