The TD Charitable Foundation, the charitable arm of TD Bank, has announced grants totaling $3.125 million in support of affordable housing initiatives in twelve states and the District of Columbia.

Through its twelfth annual Housing for Everyone competition, the foundation awarded grants of $125,000 each to twenty-five nonprofits working to create, expand, or preserve affordable housing properties and units for families, individuals, the elderly, new Americans, veterans, people with disabilities, women, and youth. Grant recipients include Avesta Housing Development Corporation in Portland, Maine; Greater Bergen Community Action in Hackensack, New Jersey; Habitat for Humanity of Brevard County in Palm Bay, Florida; Homes of Hope in Greenville, South Carolina; NewCourtland Elder Services in Philadelphia; and Women in Need in New York City.

"The winners of this year's Housing for Everyone competition embody the Ready Commitment pillar of financial security," said Lisa Gruner, head of social impact and the TD Charitable Foundation. "TD is honored to fund these organizations' projects, which will help to increase financial wellness [for] families and individuals across our footprint."