New Haven, CT - TD Bank, through the TD Charitable Foundation, recently donated a total of $7,500 to The Greater New Haven Community Loan Fund in New Haven County as part of the bank’s commitment to giving back to the community.
GNHCLF is a Community Development Financial Institution (CDFI) with loan programs that serve affordable housing developers, nonprofit organizations and small contractors. The Fund also provides counseling to homeowners in foreclosure as well as first-time home buyers. In 24 years of lending, the Loan Fund has made more than $51 million in loans for projects that have produced more than 2,300 units of housing for low/moderate income households. The organization will use the funds from the TD Charitable Foundation to support the Loan Fund’s community lending program and the Real Options in Overcoming Foreclosure, (ROOF) project.
“We are pleased that the TD Charitable Foundation has recognized our efforts in serving low to moderate income people through community lending and our role as the lead agency in the ROOF Collaborative which offers foreclosure mitigation and counseling services.” said GNHCLF Executive Director Carla Weil.
A staunch commitment to active involvement in the local community is a vital element of the TD Bank philosophy. TD Bank, America’s Most Convenient Bank® and the TD Charitable Foundation provide financial and other support to affordable housing initiatives, financial literacy and education and the environment, many of which focus on improving the welfare of children and families.