Tampa, Fla. – University Area Community Development Corporation, Inc. (University Area CDC) today was awarded a $125,000 affordable housing grant through the TD Charitable Foundation’s Housing for Everyone grant competition. The grant will be used to build two lease-to-purchase modular homes for single parent low-income families in Tampa’s disadvantaged University Area community.
“Low-income families face significant barriers to sustainable homeownership, which is a major vehicle for building wealth and economic opportunity. Through this grant, we will be able to change the lives of these University Area families,” said Sarah Combs, University Area CDC executive director and CEO.
These new homes, scheduled for construction beginning in January 2018, will be built on brown spaces formerly abandoned or vacant, and will be accessible for $666 to $1066 per month (50-80 percent AMI.) Families will be selected from the University Area CDC’s STEPS for Success (STEPS) program in partnership with Safe and Sound Housing (S&S Housing), an integrated family and neighborhood strengthening strategy that works with STEPS to provide lease-to-purchase housing in the community.
STEPS is a community equity program that uses evidence-based practices to empower families to stabilize their lives, build new skills, decrease their dependency on emergency services and keep their families united and safe. S&S Housing also will provide these families with wrap-around services to include budgeting, financial education and a housing education component, with the ultimate goal of preparing these families for home ownership.
This year’s “Housing for Everyone” theme was Affordable Housing for All, focusing on initiatives that support the funding for safe, clean, physically accessible housing for all populations, including the elderly, new Americans, individuals with a mental or physical disability, families headed by a single parent or guardian, veterans and emancipated youth. Each year the theme is chosen based on housing needs identified by the Foundation across its footprint.
The Housing for Everyone grant competition is one of the TD Charitable Foundation’s most widely known signature programs. The competition invites local non-profit organizations from Maine to
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Florida to submit proposals outlining their plans and initiatives to support and provide affordable
housing initiatives in their communities. Twenty-five organizations throughout TD Bank’s footprint from Maine to Florida were awarded a $125,000 grant for a total grant donation of $3.125 million in 2017.
To learn more about the program and how the grants are making an impact in the community, videos about past winners are available at “Own Who You Are”. Applications for the Housing for Everyone grant competition will reopen in June 2018.
University Area CDC offers support for thousands of Tampa residents through youth programs, adult education and resource assistance. Its primary mission is the redevelopment and sustainability of the at-risk areas surrounding University of South Florida’s Tampa campus. For more information about University Area CDC, a 501(c)(3) public/private partnership and a designated Gold Bicycle Friendly Business, visit www.uacdc.org or call 813.558.5212.
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. The Foundation’s mission is to support, respect and improve the quality of life in the diverse communities where we live and do business. Since its inception in 2002, the Foundation has distributed more than $178.4 million and more than 17,000 grants in charitable donations from Maine to Florida. The TD Charitable Foundation focuses on supporting the following community needs: affordable housing, economic development, neighborhood revitalization, financial literacy, and human services. Recently, more than 90 percent of the grants awarded by the Foundation benefited low-and moderate- income communities and individuals. More information on the TD Charitable Foundation, including an online grant application, is available at www.TDBank.com.
About TD Bank, America’s Most Convenient Bank®
TD Bank, America’s Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD Bank and its subsidiaries offer customized private banking and wealth management services through TD Wealth®, and vehicle financing and dealer commercial services through TD Auto Finance. TD Bank is headquartered in Cherry Hill, N.J. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDBank and on Twitter at www.twitter.com/TDBank_US.
TD Bank, America’s Most Convenient Bank, is a member of TD Bank Group and a subsidiary of The Toronto-Dominion Bank of Toronto, Canada, a top 10 financial services company in North America. The Toronto-Dominion Bank trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com.