TD Charitable Foundation Opens $10 Million Grant Program to Support Affordable Housing and Eviction Prevention in D.C.

October 30, 2025

The TD Charitable Foundation has announced $10 million in funding through its Housing for Everyone grant program to assist renters facing eviction across the East Coast, including Washington, D.C. The initiative will provide forty grants of $250,000 each to nonprofit organizations that offer early intervention services like legal support, financial counseling, and rental assistance to low- and moderate-income communities. This marks the program's largest single investment in its twenty-year history, during which TD has distributed over $63 million to more than 630 affordable housing initiatives. Housing affordability remains critical in D.C., where nearly half the population rents and many spend over 30 percent of their income on housing costs that continue to outpace wages.

Who is affected

Renters in low- to moderate-income communities in Washington, D.C., and across the East Coast
Nearly half of D.C. residents who are renters
Renters spending more than 30% of their income on housing
Vulnerable residents in neighborhoods east of the Anacostia River
Nonprofit organizations focused on eviction prevention and housing services
Families facing housing insecurity across the region

What action is being taken

The TD Charitable Foundation is accepting applications for $10 million in grants through November 25
The Foundation is offering forty grants of $250,000 each to nonprofit organizations
Organizations are providing legal support, mediation, financial counseling, and rental assistance

Why it matters

Housing costs in the nation's capital and across the East Coast continue to outpace wages, creating severe affordability challenges for renters. With nearly half of D.C. residents renting and many spending over 30% of their income on housing, eviction risks have increased due to sudden income loss, missed recertifications, and limited legal protections. Early intervention through this grant program can help prevent evictions before they reach crisis levels, providing stability for vulnerable families and communities that face critical housing insecurity.

What's next

Applications are open through 4 p.m. on November 25
Grantees will be announced in April 2026
Interested organizations can learn more or apply at td.com

Read full article from source: The Washington Informer