Y of Delaware gets Grant from TD Bank

YMCA of Delaware receives $150,000 Housing for Everyone Grant from TD Charitable Foundation

Support from the TD Charitable Foundation will help Central YMCA refurbish
its 180-unit housing facility

Wilmington, DE – The YMCA of Delaware was recently awarded a $150,000 Housing for Everyone grant from the TD Charitable Foundation, the charitable giving arm of the TD Bank in Delaware, America’s Most Convenient Bank®. YMCA of Delaware is one of 37 non-profit organizations selected from more than 450 applicants to receive a Housing for Everyone grant as part of the TD Charitable Foundation’s signature grant initiative that has helped support organizations focused on providing affordable housing and affordable housing services since 2005.

In recent years the housing affordability crisis has continued to be a financial burden on families. As individuals and families across the country struggle with inflation and an exponential rise in rental costs, affordable housing providers face increased hardship given the growing demand for affordable rental units and emergency rental assistance.

TD Bank grant funding will support renovations at the Central YMCA 180 single-room housing facility for men, located in the heart of Wilmington. Upgrades will be made to common areas on five floors including hallways, laundry rooms, shared kitchens, bathrooms, meeting spaces, a resource office, and more. In 2022, the YMCA began a $1.1 M project to renovate the Central YMCA Housing program. The Central YMCA offers housing to a diverse population of single men who are supported through on-site and off-site community resources.

“Being able to upgrade and renovate the living spaces for the residents of the Central YMCA makes them feel recognized and appreciated,” said Jimia Redden, Community Executive Director at Central YMCA Housing. “Some of the men living here lack personal support. These upgrades will send a message that someone cares about them and their well-being. They are so grateful to have a safe, clean, functional place to live. On behalf of the residents at the Central Y, we would like to thank TD Bank for this generous gift.”

“Without the critical services provided by YMCA of Delaware, many individuals would struggle to find a safe and affordable place to call home,” said Hugh Allen, Regional President of Metro Mid-South, TD Bank. “Through the TD Charitable Foundation’s Housing for Everyone grant competition, we’re excited to support the Central Y and their important work providing access to affordable housing for men in the Wilmington community.”

Through the 17th annual Housing for Everyone grant competition, the TD Charitable Foundation awarded $7 million across the Bank’s Maine-to-Florida footprint and Michigan to help support affordable housing organizations that focus on preserving affordable rental housing in their work to deliver rental assistance, rehabilitate affordable rental housing properties, and build organizational capacity to address resident sustainability for the long-term. Since 2005, the TD Charitable Foundation has given more than $49 million dollars to non-profit and charitable organizations through the Housing for Everyone grant competition and helped support more than 550 affordable housing projects and initiatives.

The Housing for Everyone grant competition supports TD’s longstanding commitment to community enrichment through TD’s corporate citizenship platform, The TD Ready Commitment, which actively promotes inclusivity, economic vitality, and environmental wellbeing, enabling people of all backgrounds to succeed in a rapidly changing world.

To learn more about Housing for Everyone and for a full list of this year’s grant recipients, please visit https://stories.td.com/us/en/article/td-charitable-foundation-awards-7-million-to-37-non-profits-helping-preserve-affordable-rental-housing.

About the YMCA of Delaware

The YMCA of Delaware is Delaware’s largest nonprofit organization committed to empowering youth, fostering healthy living, and promoting strong communities. With seven branches statewide, a youth resource center, and an overnight camp and conference center in Worton, Maryland, the Y has developed longstanding relationships and a physical presence in Delaware so it can deliver lasting personal and social change. We are committed to serving everyone – regardless of age, income or background –nurturing the potential of every child and teen, improving Delaware’s health and wellbeing, and creating a healthy, inclusive community where all people reach their full potential. www.ymcade.org.

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 $300 million through donations to local nonprofits from Maine to Florida footprint and Michigan. More information on the TD Charitable Foundation is available at https://www.tdbank.com/corporate-responsibility/the-ready-commitment/funding-opportunities/.

 

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