Neighborhood Renaissance Wins Annual TD Charitable Foundation Housing for Everyone Affordable Housing Grant Competition, Awarded $100,000 for the Mango Cove Apartment Community

December 14, 2016 – West Palm Beach, FL –Neighborhood Renaissance, Inc. 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 help fund the development of 36 newly built apartments on 8 acres located within Palm Beach County’s Urban Redevelopment Area at 1561 Florida Mango Road.

The energy efficient 2 bedroom units will be within the financial reach of low and moderate income families with rents $150 below market and is located near good schools, shopping, public transportation and recreational facilities. On site amenities include a playground and picnic area, and a washer and dryer in each unit.

“We’re going to be offering a quality product at a reasonable rent” said Michael Pecar, real estate development director at Neighborhood Renaissance. According to Palm Beach County official, Ed Lowery, “This effort is the culmination of a lot of planning and prayer that brought good people together for the benefit of residents who need an affordable and decent home.”

This year’s “Housing for Everyone” theme was Affordable Housing for Single Parent Families, focusing on initiatives that support the development of safe, clean, accessible housing for families headed by a single individual (parent, grandparent or guardian).

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 2016.

About Neighborhood Renaissance

Established in 1992, the nonprofit community based organization is dedicated to building and supporting strong economies and diverse communities in Palm Beach County by creating and preserving affordable homes, undertaking neighborhood improvements, and through homeownership assistance and financial literacy training. It helped over 120 low and moderate income families to become homeowners and built or substantially rehabilitated over 150 homes. In the past 4 years the organization invested nearly $23 million to help low-income communities prosper. www.neighborhoodrenaissance.org

About the TD Charitable Foundation

The TD Charitable Foundation is the charitable giving arm of 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 support individuals, families and businesses in the communities TD Bank serves, The Foundation has made more than $167.3 million in charitable donations since its inception in 2002 primarily in the areas of 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.

December 14, 2016 – West Palm Beach, FL – TD South Florida Market President (third from left) and TD Florida Community Relations Manager Debbie Rahamim (fifth from left) present Neighborhood Renaissance, Inc. with a $100,000 award to build homes for low and moderate-income working families through the TD Charitable Foundation’s Housing for Everyone grant competition. The grant will help fund 36 newly built apartments on 8 acres located within Palm Beach County’s Urban Redevelopment Area at 1561 Florida Mango Road. Neighborhood Renaissance representatives accepting the award from left to right are real estate director Michael Pecar,  real estate committee member Kathleen Ward, executive director Terri Murray (4th from left), board chair Carl A. Flick, (6th from left), and board members: Annette Whitehead, Joey Eichner and Tim Coppage.