1. Community reinvestment
Solutions through partnership

2. a well matched partnership: IFCA, TD BANK and community RE-investment
Commitment to:
Affordable housing
Financial empowerment
Community engagement
Diversity
Economic development
TD Bank

3. PARTNERSHIP IN ACTION Leveraging existing assets Property acquisition
Program incentives
Attracting public and private grant funders
Foundation support of programs
Event sponsorship
Employee engagement

4. Leveraging Existing assets
Hunter and James - Before
Hunter and James - after

5. Property acquisition
Case history - 26 Ann Street, Ossining, Westchester County
Solving a pressing problem identified by the Village of Ossining
Increasing quality, affordable housing
Improving the community

6. Problem: Overcrowded, Sub-Standard Housing
Neglected yet expensive properties
Rehabilitation is cost prohibitive
Zoning restrictions deter teardowns
Property is only viable for slumlords

7. Solution: Community Reinvestment Partnership
CRA financing leverages public/private grants
Rehabilitation becomes viable
Community history is preserved
Affordable rents for quality housing
Everyone wins

8. Strategically Aligned program Support
TD Charitable Foundation – MBIA Foundation – WELLS FARGO Foundation
$75,000 in funding for 2017

9. Community Engagement and Events
Volunteers
Board members
Financial workshops
Event sponsors

10. Results are measureable and sustainable
$2 million financed through TD Bank
Existing housing stock renovated/improved (10 buildings/60 units impacted)
New building purchased - eight additional units to come on-line by 1/2018
Additional funds leveraged:
$295,000 CDBG
$250,000 Legislative Initiative Grant
$450,000 in corporate and family foundation grants
Lower operating costs
Improved housing quality – tenant satisfaction
Higher visibility amongst private/individual donors
Attracting additional volunteers and supporters
Integral partner with Village in community planning and development
Model is replicable for other NPCs and RPCs