Avesta Housing, a nonprofit affordable housing provider, was recently awarded a $250,000 Housing for Everyone grant from the TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®.
Avesta is one of 33 organizations selected from more than 357 applicants to receive a Housing for Everyone grant as part of the TD Charitable Foundation’s annual grant program helping to provide affordable housing since 2005.
The housing affordability crisis has worsened over the past two years, impacted by the COVID-19 pandemic. Housing organizations have worked to meet the increasing need for assistance from individuals and families. The growing need for assistance has strained affordable housing organizations and made it difficult to continue delivering critical resources and services.
Without resident services from affordable housing providers, like eviction assistance and housing search assistance, many individuals and families will struggle to find or risk losing a safe, affordable place to call home.
“A safe, affordable place to call home is one of the foundations people need to feel confident about their future, but housing costs continue to grow and remain a significant challenge for far too many Mainers. We are confident the support from the TD Charitable Foundation will enable Avesta Housing to equip individuals and families with the skills, knowledge and resources to find a safe, affordable place to call home and achieve greater financial security overall,” said Sheryl McQuade, Regional President for Northern New England at TD Bank.
To learn more about Housing for Everyone and for a full list of this year’s grant recipients, please click here.