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Truist collaborates with nonprofits to reduce homelessness with $450,000 contribution

Truist collaborates with nonprofits to reduce homelessness with 0,000 contribution
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, taken on the night of Jan. 21, 2026, found 2,018 people experiencing homelessness in Charlotte-Mecklenburg. Of those, 499 were living on the street, in vehicles or in encampments, about 12% more than the previous year.

Another 1,519 were in emergency shelters, transitional housing or similar programs, about 8% fewer. The county attributes that drop mainly to a lack of beds: two small shelters closed and a larger one cut capacity because of funding constraints. The sheltered count included 257 children under 18.

What A Home for All is

A Home for All launched in 2021 and released a strategic framework in January 2022 that tackles homelessness and affordable housing together, developed with more than 250 organizations. United Way of Greater Charlotte incubated the initiative in its first years; since April 2026 the county has led it, with Foundation For The Carolinas raising private funds.

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, Truist’s North Carolina West regional president, described the grant as part of work with local partners that combines philanthropy, civic leadership and volunteering.

A day of service

For the same day, Truist scheduled Wrapping Charlotte in Care, in which about 100 volunteers from the bank and companies including the Charlotte Hornets and Novant Health were to support local nonprofits such as Roof Above, Charlotte Rescue Mission, Hearts for the Invisible Charlotte Coalition and New Chapter Alliance.

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 Eleanor Price

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