Cathedral Square receives $125K grant from TD Bank for low-income senior – Vermont Biz

Cathedral Square receives $125K grant from TD Bank for low-income senior  Vermont Biz

Vermont Business Magazine Cathedral Square, a leading provider of affordable, service-enriched housing for older adults and people with special needs in Vermont, has received $125,000 from the TD Charitable Foundation for capital improvements and repairs to an historic Burlington mansion, ensuring continued housing and services for the 15 low-income older adults who live there.

Miranda Lescaze, Cathedral Square developer, accepts the TD Charitable Foundation’s $125,000 grant award from TD Bank President Phil Daniels. Courtesy Cathedral Square

Cathedral Square received the funds through the TD Charitable Foundation’s “Housing for Everyone” grant competition, which awarded a total of $3.75 million to 30 nonprofits from Maine to Florida to improve access to safe, clean and affordable housing. The foundation is the philanthropic arm of TD Bank.

The funds will support upgrades and repairs to Ruggles House, an Italianate mansion on South Prospect Street built in the early 1800s as a single-family residence and later converted to a home for retired teachers. Since its purchase and renovation by Cathedral Square and Housing Vermont in 2002, it has provided safe, affordable housing to 15 older Vermonters, several of whom previously had been homeless. Repairs will include a new roofs, painting, and repairs to historic windows, and to the porch and patio.

Founded in 1977, Cathedral Square develops and manages affordable housing with services that promote the health and well-being of older adults and people with disabilities. The organization currently operates 25 housing communities in Chittenden and Franklin counties and administers the statewide Support and Services at Home (SASH®) program. Cathedral Square also created both Vermont’s first affordable licensed assisted-living community and the state’s first memory-care residence specifically for people on Medicaid with Alzheimer’s and other forms of dementia.

“The ‘Housing for Everyone’ grants bring the bank’s social commitment to life by helping to create safe, affordable residences for those in greatest need,” said Paige Carlson-Heim, director of the TD Charitable Foundation and Office of Charitable & Community Giving. “We recognize that having a safe, affordable place to live is essential to achieving financial security.”

“Cathedral Square staff and Ruggles House residents are thrilled to have received this grant from the TD Charitable Foundation. These funds will help us to care for the beautiful Ruggles House structure so it may continue to support the vibrant community of seniors that call Ruggles House home,” said Kim Fitzgerald, Cathedral Square CEO. The City of Burlington also has awarded Cathedral Square a $164,950 HOME loan and a $50,000 grant from the Burlington Housing Trust Fund to fund the renovations. The City and TD Bank have provided critical support to Ruggles House since Cathedral Square purchased it in 2002.”

Richard Lang, a 15-year resident of Ruggles House, praised TD Bank for “investing in the future of Burlington and the future of Ruggles House,” noting that the mansion “has stood on this site since 1819, when Jessie Hollister, a Revolutionary War veteran, and his wife, Clarrisa, built the Greek Revival center section of Ruggles House.” In the two centuries since, he said, “its residents changed its outline, its form and its structure to meet their needs; and in doing so have woven Ruggles House deeply into the history of Burlington, of Vermont, and of the nation.”

For more information about the “Housing for Everyone” grant competition, part of the “TD Ready Commitment” targeting TD Charitable Foundation investments in four key areas, visit tdbank.com/corporate-responsibility/the-ready-commitment/.

Source: BURLINGTON, VERMONT — Cathedral Square 3.18.2020

Source: vermontbiz.com

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