Press Release: TD Charitable Foundation Supports Avesta Housing with Donation

For Immediate Release

October 2, 2018

Media Contacts:

TD Bank

Kelley Gelinas

Cell: 603-339-2857 | Email: Kelley.Gelinas@td.com

Avesta Housing

Sara Olson, Director of Development & Communications

Cell: 207-317-3914 | Email: SOlson@AvestaHousing.org

 

TD Charitable Foundation Supports Avesta Housing with Donation

October 2, 2018 – Portland, Maine – The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, recently donated a total of $30,000 to the Avesta Housing NeighborWorks HomeOwnership Center as part of the foundation’s commitment to giving back to the community.

The Avesta HomeOwnership Center has a mission to increase responsible homeownership and revitalize neighborhoods. It primarily serves low- to moderate-income families in Cumberland County, specifically people who are first-time home buyers or who already own a home they need help repairing or improving; people who are experiencing or are at risk of foreclosure; and people in need of credit counseling or financial planning services. The funds from the TD Charitable Foundation will build the Avesta HomeOwnership Center’s capacity to serve the community.

Avesta Housing President & CEO Dana Totman remarked on the donation, “TD Bank has been a strong supporter of our HomeOwnership Center since we opened its doors in 2012. Their generosity has enabled us to support thousands of low- and moderate-income Mainers who are seeking stability in their homeownership and personal finances.”

“TD is proud to partner with Avesta in expanding their capacity to help keep Cumberland County residents housed and financially secure,” said Larry Wold, Market President for TD Bank. “Many TD employees live and work in Maine, so our partnership with Avesta provides a way for us to help our neighbors find and keep affordable housing and achieve financial stability.”

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 support to affordable housing, financial literacy and education, and environmental initiatives, many of which focus on improving the welfare of children and families.

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 nearly $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

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 more than 9 million customers with a full range of retail, small business and commercial banking products and services at more than 1,200 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. To learn more, visit www.tdbank.com. Find TD Bank on Facebook at
www.facebook.com/TDBank 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 trades on the New York and Toronto stock exchanges under the ticker symbol “TD”. To learn more, visit www.td.com.

 

About Avesta Housing

Avesta Housing is a nonprofit affordable housing provider with over 40 years of experience as a leader in affordable housing development and property management in southern Maine and New Hampshire. The organization is headquartered in Portland, Maine and currently has more than 80 properties and 2,400 apartments in its portfolio. Avesta’s mission is to improve lives and strengthen communities by promoting and providing quality affordable homes for people in need. Its five areas of focus are advocacy, development, property management, senior and assisted living, and home ownership. www.AvestaHousing.org

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