TD Bank invests $8M in Safe Harbor’s new shelter

TD Bank recently announced an approximately $8 million investment towards Safe Harbor’s new shelter for domestic violence victims. 

The local non-profit organization received a $2 million New Market Tax Credits allocation and a $5.99 million tax equity investment from the bank and the TD Community Development Corporation

The investment represents one of the bank’s first local commitments through its $20 billion community impact plan announced in February. The three year plan includes an estimated $7.5 billion for community development lending and investment. 

“TD is proud to collaborate with these organizations to support the development of Safe Harbor’s new, comprehensive facility for vulnerable community members,” said Will Richter, TD Community Development Corporation’s relationship manager.  

Safe Harbor’s new shelter at Gordon Street Mill will allow the organization to increase its capacity from 275 to 375 individuals served annually. The non-profit provides a number of services for domestic violence survivors and their children in Greenville, Anderson, Pickens and Oconee counties. 

This rendering shows the exterior of the new Safe Harbor headquarters at Gordon Street Mill.

“The construction of our 45,000-square-foot new shelter facility not only will triple our capacity and put all of our services under one roof, but also will allow the colocation of partner agencies that serve our clients, thereby facilitating their recovery and healing,” said Danny Varat, CEO of Safe Harbor.

M Peters Group is developing the shelter and construction is expected to be done in April 2025. 

Additional funders of the new shelter include:

  • SC Community Loan Fund provided a $10 million New Market Tax Credits allocation
  • The Innovate Fund produced a $6.5 million New Market Tax Credits allocation

Read more about Safe Harbor’s new shelter

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