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Truist’s charitable fund contributes $450,000 to Charlotte’s housing stability programs

Truist’s charitable fund contributes 0,000 to Charlotte’s housing stability programs
Contents
  1. An increasing number of individuals lack shelter
  2. What A Home for All is
  3. A day of service

Truist’s charitable fund will contribute $450,000 to A Home for All, the initiative Mecklenburg County, North Carolina, uses to coordinate government, businesses and nonprofits to prevent and reduce homelessness in the Charlotte area. The bank announced the grant on Oct. 29 in a press release, alongside a volunteer day with other local companies.

Truist says the money will help connect more people to stable housing, strengthen prevention services and improve access to resources that help people at risk stay in their homes.

An increasing number of individuals lack shelter

The county’s most recent official Point-in-Time count, conducted on the evening of Jan. 21, 2026, documented 2,018 individuals experiencing homelessness across Charlotte-Mecklenburg. Among them, 499 were residing outdoors, inside vehicles, or within encampments, marking roughly a 12% increase compared to the prior year.

Another 1,519 were housed in emergency shelters, transitional housing, or comparable facilities, reflecting an approximate 8% decline. County officials primarily attribute this decrease to a shortage of available beds, driven by the closure of two modest shelters and a capacity reduction at a larger facility due to financial limitations. Within the sheltered population, 257 minors under the age of 18 were accounted for.

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What A Home for All is

A Home for All, which kicked off in 2021, published a strategic blueprint in January 2022 addressing homelessness alongside affordable housing, a plan crafted with input from over 250 groups. Initially housed within United Way of Greater Charlotte during its formative years, the initiative has been steered by the county since April 2026, while Foundation For The Carolinas handles private fundraising efforts.

Laura Yates Clark, the foundation’s president and CEO, said the grant will help more people reach stable housing and raise awareness of the collective effort the problem requires. County Manager Mike Bryant said local housing needs call for a joint approach and that the contribution will have a long-term impact on the most vulnerable residents.

Travis Rhodes, the regional president for North Carolina West at Truist, characterized the grant as a component of collaborative efforts alongside regional allies that integrates philanthropy, civic leadership, and volunteerism.

A day of service

For that very day, Truist planned Wrapping Charlotte in Care, an initiative where roughly 100 participants hailing from the bank alongside firms like the Charlotte Hornets and Novant Health lent a hand to regional nonprofits, including Roof Above, Charlotte Rescue Mission, Hearts for the Invisible Charlotte Coalition, and New Chapter Alliance.

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The strategy involved beginning at Kings on Lamar, the transitional housing facility run by Roof Above, before distributing meals, assisting with shower amenities, putting together care packages, handing out roughly 1,000 pairs of brand-new footwear alongside Samaritan’s Feet, and throwing an autumn festival dedicated to families experiencing housing insecurity.

Charlotte-based Truist reports that it has poured upward of $210 million into affordable housing efforts throughout the region starting in 2024, encompassing everything from workforce accommodations to homeownership programs. The financial institution classifies this amount strictly as business investment, distinguishing it from the charitable grants disbursed via the Truist Foundation.

By Valentina Sequeira

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