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News
November 16, 2009
Chester Community Improvement Project Receives $50,000 from TD Charitable Foundation to Support Affordable Housing in Delaware County
Chester Community Improvement Project (CCIP) of Chester, Pa., has received a $50,000 grant from the TD Charitable Foundation's annual "Housing for Everyone" grant competition. The funding will be used to support affordable housing initiatives in Chester.
Now in its fifth year, the "Housing for Everyone" grant competition offers housing non-profits a chance to win funds for projects that help to stabilize the housing environment in communities where TD Bank does business. Grants ranged from $10,000 to $100,000. Chester Community Improvement Project was one of 56 winners selected for funding out of nearly 500 applicants.
Chester Community Improvement Project’s mission is to assist in the revitalization of Chester through housing rehabilitation, new construction projects, homebuyer’s education, credit and budgeting counseling, default and delinquency counseling, and job training for disadvantage youth in Chester.
The grant from the TD Charitable Foundation will support CCIP's efforts in helping low- and moderate-income families attain homeownership by providing quality housing and pre- and post-purchase counseling, down-payment and closing cost assistance, and educational seminars.
Through the "Housing for Everyone" program, the TD Charitable Foundation donated a total $2 million in 2009, and has invested nearly $5.3 million in affordable housing to date.
About the TD Charitable Foundation The TD Charitable Foundation is the charitable giving arm of TD Bank N.A., which operates as TD Bank, America’s Most Convenient Bank®, and is one of the 15 largest commercial banking organizations in the United States. The Foundation's mission is to serve the individuals, families and businesses in all the communities where TD Bank operates, having made over $53 million in charitable donations since its inception in 2002. The efforts of the Foundation are coordinated locally through TD Bank's community relations departments and are focused on the areas of affordable housing, education and financial literacy, and the environment. More information on the TD Charitable Foundation, including an online grant application, is available at www.TDBank.com.
Media Contact: Rebecca Acevedo 856-470-3201 rebecca.acevedo@yesbank.com
Renee Rattigan 856-470-3403 renee.rattigan@yesbank.com
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