Central County CDC receives $175,000 Housing for Everyone Grant from TD Charitable Foundation
Support from the TD Charitable Foundation will help preserve affordable rental housing in Broward County.
Fort Lauderdale, FL, May XX, 2023 – The Central County Community Development Corporation (CDC), a subsidiary of the Urban League of Broward County, was recently awarded a $ 175,000 Housing for Everyone grant from the TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®. The Central County CDC is one of 37 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 that are 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.
The grant will be used over the next eighteen months to complete repairs, replacement, and maintenance on affordable housing properties managed by the Central County CDC. These homes provide affordable, decent, and safe housing options for families who may not have access to quality housing otherwise. The CDC will provide updates on the progress of the work and the impact it is having on families in the community.
"At the Urban League, we believe that everyone deserves a safe and affordable place to call home," said Dr. Germaine Smith-Baugh, president and CEO of the Urban League of Broward and chair of the Central County CDC. “This significant grant from TD Charitable Foundation will allow us to make much-needed repairs and improvements to our properties, making them more livable and comfortable for the families we serve.”
“We are thrilled to support the Central County CDC and their efforts to continue providing safe, affordable housing to families across Broward County who need it most," said Nick Miceli, Regional President of Florida Metro, TD Bank. "TD Bank and the Urban League of Broward County have a long-standing relationship, and we've seen first-hand the impact the Urban League and Central County CDC have had on the community. We look forward to supporting their ongoing efforts to help some of our most vulnerable residents find a place they can call home."
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, rehabilitating 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 Urban League of Broward County
The Urban League of Broward County is a not-for-profit organization founded to empower communities and change lives. Its mission is to enable African Americans and others in historically underserved communities secure economic self-reliance, parity, power, and civil rights. The Urban League’s ADVANCE programs uplift nearly 14,000 people every year through affordable housing initiatives, youth development and diversion, employment and training, entrepreneurship, health, and civic engagement. Learn more about the Urban League of Broward County by visiting www.ulbroward.org or follow us on Facebook, Twitter, Instagram, and LinkedIn.
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/.