November 30, 2012 – Portland, MAINE – Avesta Housing was recently awarded a $100,000 affordable housing grant through the TD Charitable Foundation’s Housing for Everyone grant competition. The grant will be used to fund accessibility retrofits at Logan Place, allowing residents with physical disabilities to live as independently as possible.
Since 2005, Logan Place has provided 30 chronically homeless individuals with a safe, stable place to live. Avesta Housing, Maine’s largest nonprofit affordable housing developer, and Preble Street, Maine’s primary provider of a multitude of homeless services, partnered to develop Logan Place as the state’s first “housing first” property. The housing first model provides safe housing to chronically homeless people as the first step to change, and has been shown nationally get more people off the streets and out of shelters while actually saving the community money.
A rise in the number of residents with physical disabilities at Logan Place has outpaced the availability of the five fully handicap-accessible apartments. The grant funding will fund accessibility improvements that will allow residents who require wheelchairs, walkers or oxygen tanks to live safely and independently, which in turn will boost their confidence and sense of self-worth and increase their chances of living successfully in long-term housing.
“This grant from the TD Charitable Foundation will position Logan Place to meet the changing needs of the formerly homeless residents living there,” said Dana Totman, president of Avesta Housing. “Logan Place has won numerous awards for its role in changing the conversation about homelessness in Maine. This grant will allow the property to continue to be on the cutting edge.”
“Preble Street is pleased to hear our partner at Logan Place, Avesta Housing, has received such a generous grant from the TD Charitable Foundation,” said Preble Street Executive Director Mark Swann. “Through its foundation, TD Bank has been such a strong supporter of community efforts to end homelessness and support our most vulnerable neighbors. The planned improvements at Logan Place with these funds will make a real difference in the daily lives of residents.”
This year’s “Housing for Everyone” theme was Transitional Housing and Homeless Shelters, focusing on projects that will expand the availability of and/or access to transitional housing and/or homeless shelters.
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 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 $100,000 grant for a total grant donation of $2.5 million in 2012.
For more information on Logan Place, visit http://www.avestahousing.org/property-development/landmark-projects/logan-place.
Representatives from TD Charitable Foundation present the award to Avesta Housing, along with representatives from Preble Street and residents of Logan Place.
Front row, from left: Logan Place residents Mary Hanna, Charlotte Gould, Ron Spiller, John Chick and Mike True
Back row, from left: Caroline Partlow, Logan Place coordinator, Preble Street; Glen Ohlund, community development manager, TD Bank; Kevin Moffatt, senior vice president of Maine, New Hampshire, Vermont and upstate New York retail banking, TD Bank; Brian Haier, head of regional retail banking and direct channels, TD Bank; David Glidden, regional president, TD Bank; Dana Totman, president, Avesta Housing; Larry Wold, Maine president, TD Bank; Michael Rayder, senior vice president and foundation manager, TD Charitable Foundation; Deb Keller, director of programs, Avesta Housing
About Avesta Housing
Avesta Housing is celebrating 40 years of providing and advocating for affordable housing. An award-winning agency, Avesta has grown to become the largest nonprofit developer in northern New England and one of the country’s most innovative leaders in affordable housing. Avesta manages a portfolio of more than 1,900 apartments in 31 Maine communities including Portland, Windham, Bridgton, Rockland and Kennebunk.
About the TD Charitable Foundation
The TD Charitable Foundation is the charitable giving arm of TD Bank N.A., which operates as TD Bank, America’s Most Convenient Bank®, and is one of the 10 largest commercial banking organizations in the United States. The Foundation's mission is to serve the individuals, families and businesses in all the communities where TD Bank operates, having made $98.6 million in charitable donations since its inception in 2002. The Foundation’s areas of focus are affordable housing, financial literacy and education, and the environment. 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 nearly 8 million customers with a full range of retail, small business and commercial banking products and services at nearly 1,300 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., and Portland, Maine. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at www.facebook.com/TDMoneyLoungeUS 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 is one of the few banks in the world rated Aaa by Moody's and trades on the New York and Toronto stock exchanges under the ticker symbol "TD." To learn more, visit www.td.com.
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