TD Charitable Foundation contributes $50,000 to Greenville Housing Fund

February 19, 2019

(from left): Tammy Hoy Hawkins, interim director of the Greenville Housing Fund; Deborah McKetty, president and CEO of Community Works; Renee Lean of Southernside; Lillian Brock Flemming, Greenville city councilwoman; Bogue Wallin, chairman of the Greenville Housing Fund; Mary Duckett, president of the Southernside Neighborhood Association; David Lominack, South Carolina market president for TD Bank; Claire Whitlinger of Southernside; and Michael Williamson, Greenville Community Development Project Manager

 

The TD Charitable Foundation, the charitable giving arm of TD Bank has contributed $50,000 to the Greenville Housing Fund (GHF) toward its equitable housing development program focusing on the neighborhoods that surround the city’s planned Unity Park and other parts of Greenville experiencing gentrification pressure.

The Greenville Housing Fund is coordinating with local nonprofit partners to rehabilitate and preserve existing homes in vulnerable neighborhoods and to work with the city and county to identify key parcels of land to acquire for future affordable housing development.

GHF is acting as a strategic partner with the city, residents and community stakeholders to develop and implement a comprehensive affordable housing strategy as part of Unity Park’s development. The city’s goal is to create a holistic plan as part of the 60-acre park development that includes supporting existing residents and the development and preservation of a significant number of affordable housing units.

“Having the TD Charitable Foundation step up to assist with the Homeowner Preservation Program speaks to the bank’s commitment to making a difference in our community,” said Bogue Wallin, chairman of the Greenville Housing Fund.

David Lominack, South Carolina market president for TD Bank, said the TD Charitable Foundation is dedicated to supporting and improving the quality of life in the diverse communities where the bank does business. “Unity Park is an affirmation that Greenville’s strength derives from its diversity, and TD is proud to partner with the city and Greenville Housing Fund to help create new affordable housing units, as well as support the preservation of existing residences in the area.”

Greenville Mayor Knox White said that Unity Park is designed to help mend the rift of segregation that once cleaved the West Greenville community. “The name Unity Park speaks to that,” White said, “and this transformative project provides a singular opportunity to provide the equitable development and affordable housing needed to ensure the residents living in the neighborhoods surrounding Unity Park will be able to enjoy this new amenity.”

This contribution supports TD’s longstanding commitment to community enrichment through The 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
  • 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.

 

About the Greenville Housing Fund

The Greenville Housing Fund is a non-profit established under the umbrella of Community Works, Inc, a 501(c)3 organization and certified community development financial institution. GHF identifies and implements innovative financing for affordable and workforce housing, positions itself to landbank key parcels for future development and acts as a strategic advocate for housing.

GHF launched in response to findings and recommendations in the 2018 “Balancing Prosperity and Housing Affordability” report that concluded the city had a deficit of 2,500 units of affordable housing. A recent Greenville County Housing study identified more than 9,000 units needed across the county to support growing demand for affordable/workforce housing critical to the success and sustainability of the Greenville community and its economy.

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. Since its inception in 2002, the Foundation has distributed over $199 million and more than 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