Washington D.C. – November 20, 2018 – Jubilee Housing was awarded $125,000 by the TD Charitable Foundation for the Housing for Everyone Grant. The grant will support the work of Jubilee Housing to build and preserve 50 units of deeply affordable housing, across two properties, in Washington, D.C. primarily targeting families making less than or equal to 30% of Area Median Income.
TD Charitable Foundation awards over $3 million a year to create, rehabilitate, and maintain safe, affordable housing. Terry Kenny, Market President presented the award to Jubilee Housing joined by TD Bank Vice Presidents – Hugh Franklin, JoAnna Mason, and Donna Grigsby at the Rouse Room to celebrate with cake and coffee. While presenting the award, TD Bank noted that Jubilee Housing ranked #1 in its application and they were proud to support such important work.
“Once families can afford their rent, there is more left over to handle other needs. Jubilee creates justice housing by developing deeply affordable homes, with on-site and nearby supportive services, in thriving neighborhoods. We are thankful for partners such as TD Bank that can help us create housing in a city as prosperous as D.C.,” said Jim Knight, Jubilee Housing’s executive director.
This contribution supports TD’s longstanding commitment to community enrichment through its newly launched Ready Commitment, a multi-year platform that actively promotes inclusivity, economic vitality, environmental wellbeing and health, enabling people of all backgrounds to succeed in a rapidly changing world. As part of The Ready Commitment, TD targets CDN $1 billion (US $775 million) in total by 2030 towards community giving 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. For information, visit td.com/thereadycommitment.
Jubilee Housing builds diverse, compassionate communities that create opportunities for everyone to thrive.
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 sixth largest commercial banking organizations in the United States. Since its inception in 2002, the Foundation has distributed more than $199 million and 19,400 grants through donations to local nonprofits from Maine to Florida. More information on the TD Charitable Foundation, including the online grant application, is available at TDBank.com