Options for Community Living, Inc., a nonprofit organization providing residential programs and support services for vulnerable people on Long Island, has been 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®. Options 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 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 support property maintenance, repairs, and renovations to multiple affordable supportive housing units many of which have been in service for over 20 years.
“Options serves more than 2,000 Long Islanders each year,” said CEO, Yolanda Robano-Gross. “With an affordable rent and services, our supportive housing programs help formerly homeless, disabled individuals and families live with dignity in the community.”
Robano-Gross continued, “This generous grant award is vitally important for our program. We see firsthand the impact that stable affordable housing has on an entire family. People take care of their health. Some return to work or school improving their economic situation. Children perform better in school and have more opportunities, often ending the cycle of homelessness and poverty. Thank you, TD Bank for responding to this significant community need.”
“Access to safe, affordable housing is an important first step on the journey towards a more sustainable and inclusive future for all,” said Andy Bregenzer, Regional President of Metro New York, TD Bank. “We are proud to support organizations like the Options for Community Living and the critical work they are doing to increase access to affordable housing for individuals and families across Long Island.”
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 who 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.