TD Bank's charitable foundation plans to award $2.5 million in grants to nonprofits that support affordable housing initiatives.
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The grants are part of the bank's sixth annual "Housing for Everyone" competition, which invites local nonprofits throughout the bank's footprint from Maine to Florida to submit proposals on how they plan to provide affordable housing to their communities.
Twenty-five organizations will be selected and awarded $100,000 each.
The deadline for proposals is Friday, Sept. 2. Notification of awards will be made in late October, the bank said Tuesday.
