TD Charitable Foundation supports OnTrack WNC and homeownership

December 6, 2016

The TD Charitable Foundation, the charitable giving arm of TD Bank, America’s Most Convenient Bank®, recently donated a total of $5,000 to OnTrack WNC Financial Education & Counseling as part of the foundation’s commitment to giving back to the community.

OnTrack WNC is a nonprofit committed to helping people in Western NC meet their financial and housing goals through education, counseling, coaching, and support.  The grant from the TD Charitable Foundation provides funding for OnTrack WNC’s Homebuyer Program for people who would like to own a home of their own.  The program includes both education and counseling. The 12-hour HUD-approved Homebuyer Education series includes budgeting for homeownership, understanding credit reports/scores, and working with Realtors, closing attorneys, and mortgage lenders.  The education is followed by Homebuyer Counseling in which OnTrack WNC housing counselors provide clients with support and guidance to identify next steps and create an Action Plan to move toward their goal.

“Purchasing a home is challenging in this area with high housing costs and wages that are below the state average, especially for first-time homebuyers” said Celeste Collins, Executive Director of OnTrack WNC.  “TD Charitable Foundation’s support of our Homebuyer Program means potential homebuyers have a local resource to learn about the complicated process of purchasing a home, determine their personal housing affordability, and connect with local resources to make their dream a reality.”

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.