Norwich University Receives $200k Grant from TD Charitable Foundation to Build Affordable Homes
NORTHFIELD, Vt. – Norwich University has been awarded a $200,000 grant from TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, to fund the development of a collaborative in the College of Professional Schools dedicated to producing affordable homes.
“TD Bank is committed to driving positive change through working collaborations like Norwich University's Design Build Collaborative,” said Phil Daniels, Market President, TD Bank. “This is a great example of a creative solution that will help address the need for affordable housing in Vermont, but does so in an attractive and efficient way. Safe, affordable housing is an essential foundation for building a financial future.
“By understanding the local fabric of our neighborhoods, we address some of the most pressing needs through our community programs on a hyper-local level. We are invested in making a positive, lasting impact.”
The funds from the TD Charitable Foundation will support the creation of Norwich University’s Design Build Collaborative. Building on the seven different affordable housing prototypes Norwich has developed since 2011, the Collaborative will not only continue to design and prototype regionally informed, resilient housing, but also organize and coordinate related research and programs between the schools that make up the College of Professional Schools: Architecture + Art; Business & Management; David Crawford School of Engineering; and Nursing to produce and site additional affordable homes in the next several years. The houses built through the Collaborative will be created for low-income Vermonters, providing a cost-effective means of homeownership.
“We are so grateful to TD Charitable Foundation for investing in this great effort to address the affordable housing crisis in Vermont,” President Richard W. Schneider said. “Through establishing the Design Build Collaborative, we will be able to offer even more hands-on opportunities to students in many diverse disciplines to solve real-world issues.”
This contribution supports TD's longstanding commitment to community enrichment through its newly launched Ready Commitment, a multi-year platform that actively promotes inclusivity, economic vitality, environmental wellbeing and health, enabling people of all backgrounds to succeed in a rapidly changing world. As part of The Ready Commitment, TD targets CDN $1 billion (US $775 million) in total by 2030 towards community giving in four critical areas: Financial Security, a more Vibrant Planet, Connected Communities and Better Health. Through this platform, TD aspires to create a more inclusive tomorrow -- helping people of all backgrounds feel more confident, not just about their finances, but about their ability to achieve their goals. For information, visit td.com/thereadycommitment.
Norwich University’s Design Build Collaborative will be led by the School of Architecture + Art’s director Cara Armstrong. Armstrong, with degrees in Environmental Design, Philosophy of Interdisciplinary Studies, Architecture, and Poetry, brings interconnectivity to the classroom and to her current research on integrating better solutions for community health, accessibility and adaptability.
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. The Foundation's mission is to support, respect and improve the quality of life in the diverse communities where we live and do business. Since its inception in 2002, the Foundation has distributed over $200 million and more than 19,500 grants in charitable donations from Maine to Florida. The TD Charitable Foundation focuses on supporting the following community needs: affordable housing, economic development, neighborhood revitalization, financial literacy, and human services. Recently, more than 90 percent of the grants awarded by the Foundation benefited low-and moderate- income communities and individuals. 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 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 Norwich University
Norwich University is a diversified academic institution that educates traditional-age students and adults in a Corps of Cadets and as civilians. Norwich offers a broad selection of traditional and distance-learning programs culminating in Baccalaureate and Graduate Degrees. Norwich University was founded in 1819 by Captain Alden Partridge of the U.S. Army and is the oldest private military college in the United States of America. Norwich is one of our nation's six senior military colleges and the birthplace of the Reserve Officers’ Training Corps (ROTC).
Norwich University will celebrate its bicentennial in 2019. In fulfillment of Norwich’s mission to train and educate today’s students to be tomorrow’s global leaders, Norwich launched the Forging the Future campaign in 2014. The five-year campaign, which is timed to culminate in 2019, is committed to creating the best possible learning environment through state-of-the-art academics and world-class facilities and is designed to enhance the university’s strong position as it steps into its third century of service to the nation.
Daphne E. Larkin M’17
Director of Media Relations & Community Affairs
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