TD Bank ranked No. 20 on the Fair360, formerly DiversityInc Top 50 Companies for Diversity list in 2023.
The 2023 TD Ready Challenge is now open for applications, as TD Bank Group seeks to aid nonprofits in tackling the systemic obstacles to affordable housing.
The organization will provide 10 grants, each worth either CDN $1 million or USD $1 million, based on the applicant’s country of residence. These funds will aid eligible organizations dedicated to addressing affordable housing solutions.
“Access to affordable housing is a complex issue that will only be improved through collaboration across the public sector, private sector and not-for-profit organizations,” said Janice Farrell Jones, SVP of Sustainability and Corporate Citizenship, TD. “We recognize the impact housing can have on an individual’s health and economic well-being, and with these grants, want to help enable organizations from across our footprint to develop diverse and innovative solutions that could break down barriers and provide greater access to affordable and stable housing for vulnerable people.”
The funding will support both transitional and permanent homes, as well as increase access to affordable and stable housing for those who need it.