Local Voices
Stamford Affordable Housing Developer Receives Grant
The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, has given a $5,000 grant to New Neighborhoods, Inc. (NNI) as part of the foundation’s commitment to giving back to the community.
Stamford-based New Neighborhoods, Inc.is Fairfield County’s oldest active nonprofit housing developer, redeveloper and manager of rental and owner-occupied housing. It has developed and preserved 165 units of housing for qualified low and moderate income buyers and has 425 units of developed rental housing in its property management portfolio in Stamford, Norwalk and Danbury. The funds from the TD Charitable Foundation will support NNI’s affordable housing development in Fairfield County, Connecticut.
“New Neighborhoods, Inc. is grateful to the TD Charitable Foundation for understanding and investing in our vision of quality affordable housing as a foundation for strengthening families and revitalizing and sustaining communities across Fairfield County,” said Ross Burkhardt, NNI President & CEO.
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For information on Fairfield County’s persistent affordable housing crisis and what NNI and others are doing to address it, please visit www.nnistamford.org.
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About New Neighborhoods, Inc. (NNI)
LIVING – Working – Playing – PROSPERING – all in reach
NNI is a Stamford, CT based 501(C)3 nonprofit housing corporation, celebrating 46 years as a developer, manager, and champion of quality affordable housing that provides a stable foundation for low and moderate income workforce families and struggling retirees in Fairfield County, CT. The oldest active nonprofit developer in Fairfield County, NNI has built over 165 homes for first time buyers, and owns and manages rental housing that is home to more than 425 families. NNI will begin construction on 18 units of supportive housing in Norwalk (with Liberation Programs Inc.) and is identifying sites and seizing opportunities to develop and preserve transit oriented housing for a workforce priced out of one of least affordable regions to rent or own in the United States. Through collaboration with other agencies and community groups, NNI promotes economic and social development for its own tenants and owners and surrounding neighborhoods. Learn more at www.nnistamford.org.
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 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 $118.9 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 more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 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. 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.