The Champlain Housing Trust announced today that TD Bank, through the TD Charitable Foundation, the bank’s charitable giving arm, has awarded the organization with a $50,000 capital grant to implement an innovative energy pilot program to reduce the energy bills of owners of its shared equity homes. The award was made in conjunction with TD Charitable Foundation’s signature ‘Housing for Everyone’ grant competition.The ‘Housing for Everyone’ grant competition drew hundreds of proposals from housing non-profits for projects to help improve the housing environment in communities where TD Bank does business. Grant awards were awarded to non-profits looking to preserve and improve home residencies through upgrades to property conditions, increasing energy efficiency, and cost savings through newer heating, cooling, insulation, window replacement, roof replacement and other renovations.The grant will be used to help develop a pilot program is based upon a concept termed PACE (Property Assessed Clean Energy) that allows for longer term repayment of energy investments in homes that are also transferable from owner to owner. This model allows for deeper investments by providing for affordable payments and by sharing with a future owner both the cost and benefits of the improvements. Such plans have been proposed by municipalities across the country‘We are very appreciative of TD Charitable Foundation’s confidence in our program, and excited to put this money to work,’ said Emily Higgins, Director of the Champlain Housing Trust Homeownership Center. ‘This program will not only improve energy efficiency, but also make the homes more affordable.’CHT expects to develop a set of evaluation criteria and program implementation guidelines within the next couple of months before making the money available to CHT’s homeowners.‘The Champlain Housing Trust has exemplified what we feel is an organization that uses resources well and pushes the envelope to innovate at the same time. We are happy be able to help CHT achieve its lofty goals,’ explained Phil Daniels, President of TD Bank in Vermont.The TD Charitable Foundation is the charitable giving arm of TD Bank N.A., which operates as TD Bank, America’s Most Convenient Bank®, and is one of the 15 largest commercial banking organizations in the United States. The Foundation’s mission is to serve the individuals, families and businesses in all the communities where TD Bank operates, having made over $66.4 million in charitable donations since its inception in 2002. The efforts of the Foundation are coordinated locally through TD Bank’s community relations departments and are focused on the areas of affordable housing, education and financial literacy, and the environment. More information on the TD Charitable Foundation, including an online grant application, is available at www.TDBank.com(link is external).The Champlain Housing Trust, founded in 1984, is the largest community land trust in the country. Throughout Chittenden, Franklin and Grand Isle counties, CHT owns or manages more than 1,500 apartments, stewards 485 owner-occupied homes in its signature shared-equity program, provides services to five housing cooperatives, and offers affordable energy efficiency and rehab loans. In 2008, CHT won the prestigious United Nations World Habitat Award, recognizing its innovative, sustainable programs. More information is available at www.champlainhousingtrust.org(link is external).
Sign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Reinforcements are on their way. New York State is sending 500 pieces of snow-fighting equipment and 100 National Guard members to Suffolk County to assist clean up efforts after a blizzard dumped upwards of two feet of snow on the county, mostly on the East End, Gov. Andrew Cuomo announced Tuesday afternoon. A blizzard warning remains in effect for Suffolk until midnight.Snow is expected to continue through the afternoon, with up to 3 inches falling during that time. Strong wind gusts—potentially up to 40 mph—could lead to periods of blowing snow, forecasters said. Temperatures will remain below freezing. “Falling and blowing snow with strong winds and poor visibilities will lead to whiteout conditions…making travel extremely dangerous,” the National Weather Service said in its most recent update. In the days leading up to the storm, forecasters predicted up to 36 inches of snow would fall, leading to travel bans, suspension of Long Island Rail Road service and mass airline cancellations. New York City and other areas were spared, but not Suffolk County. The East End was especially hit hard, with the Hampton Bays, Orient, and Mattituck forced to dig out of more than two feet of snow. Snowfall accumulation ranged from a foot to nearly 30 inches in Suffolk, according to the National Weather Service. “Communities east of the William Floyd Parkway, especially Riverhead and Southampton, have received the most snow, and some areas are still projected to get 20 to 30 inches of snow accumulation,” Suffolk County Executive Steve Bellone said on his Facebook page. Although the state lifted a travel ban earlier in the day, Bellone urged drivers to remain off the roads.