The Affordable Housing Alliance Receives $150,000 Housing for Everyone Grant from the TD Charitable Foundation
Support from the TD Charitable Foundation will help the Affordable Housing Alliance provide more services and resources to residents within our housing portfolio
Neptune, NJ, March 08, 2022 – The Affordable Housing Alliance (AHA), a non-profit whose mission is to improve the quality of life for all New Jersey residents by developing and preserving affordable housing, offering services to maintain housing affordability, providing housing education, and through actively helping communities meet their legal and moral housing obligations, was recently awarded a $150,000 Housing for Everyone grant from the TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®. The Affordable Housing Alliance 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 grant will support the creation of AHA’s new Resident Service Coordinator Program which is designed to assist residents in our housing access services that they need to succeed. This grant will also help expand the AHA’s capacity to engage with our residents, provide access to external service providers, ensure stability, and, in some cases, create pathways to homeownership.
Due to the COVID-19 pandemic, the housing affordability crisis has worsened over the past two years and housing organizations have worked tirelessly 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, including eviction assistance and housing search assistance, many individuals and families will struggle to find or risk losing a safe, affordable place to call home.
“The Affordable Housing Alliance (AHA) has seen an alarming uptick in the number of people reaching out for assistance throughout the last few months. COVID-19 has impacted every aspect of our work and continues to leave low and moderate-income residents with greater needs than before. With the generous support of the TD Charitable Foundation, the AHA can expand our offerings and continue to be the resource our community needs,” said Randi Moore, Chief Executive Officer at the Affordable Housing Alliance.
“As individuals and families across New Jersey continue to face challenges as a result of the COVID-19 pandemic, the types of resources and support the Affordable Housing Alliance provides are more critical than ever. With support from the TD Charitable Foundation, AHA will be able to continue to provide and expand the types of services and assistance our communities need to help our neighbors feel confident about the future,” said Mike Carbone, Regional President for Metro Pennsylvania/Metro New Jersey at TD Bank.
The TD Charitable Foundation awarded $5.8 million through the 16th annual Housing for Everyone grant competition to a total of 33 organizations across TD Bank’s Maine-to-Florida footprint and Michigan to help support affordable housing organizations that provide critical resident services. Since 2005, the TD Charitable Foundation has given more than 42 million dollars to non-profit and charitable organizations through the Housing for Everyone grant competition and helped support over 500 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 Ready Commitment, which actively promotes inclusivity, economic vitality, and environmental well-being, enabling people of all backgrounds to succeed in a rapidly changing world.
To learn more about Housing for Everyone and a full list of this year’s grant recipients, please visit https://www.td.com/us/en/about-us/communities/ready-commitment/funding-opportunities/housing-for-everyone/.
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About the Affordable Housing Alliance
The Affordable Housing Alliance (AHA) was founded in 1991 with the clear goal of addressing Monmouth County’s affordable housing shortage. Through the hard work and dedication of our talented team of difference-makers, the AHA has grown into a 501c(3) non-profit organization with more than $20 million in annual operations, an ‘exemplary’ rating from NeighborWorks America, and a well-rooted footprint in New Jersey. While our organization continues to grow, the AHA’s commitment to supporting the Garden State’s housing and utility challenges remains unchanged.
The AHA has developed, financed, renovated, or constructed over 600 units of rental and homeownership housing and continues to own and manage over 500 units. Our unique portfolio represents the variety of housing options that are available for low and moderate-income households. In addition to our development and management experience, the AHA is a HUD-Certified housing counseling agency and provides a variety of social service and assistance programs to assist individuals to obtain and remain in permanently affordable housing.
To learn more about our organization, programs, and resources, please visit HousingAll.org or call us at 732.389.2958
About Housing for Everyone
Since its inception in 2005, the TD Charitable Foundation’s annual Housing for Everyone grant competition has awarded more than $42 million to over 500 affordable housing initiatives. The Housing for Everyone grant competition supports TD’s longstanding commitment to community enrichment through TD’s corporate citizenship platform, The Ready Commitment, which actively promotes inclusivity, economic vitality, and environmental well-being, enabling people of all backgrounds to succeed in a rapidly changing world. As part of The Ready Commitment, TD targets US $775 million in total contributions toward community giving by 2030 in four critical areas: Financial Security, a more Vibrant Planet, Connected Communities, and Better Health.
Through this platform, TD aspires to create a more inclusive tomorrow — helping people of all backgrounds feel more confident, not just about their finances, but about their ability to achieve their goals. Visit: https://www.tdbank.com/corporate-responsibility/the-ready-commitment/
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 $282 million through donations to local nonprofits from Maine to Florida. More information on the TD Charitable Foundation is available at https://www.tdbank.com/corporate-responsibility/the-ready-commitment/funding-opportunities/.