Truist aids Charlotte’s strategy to prevent homelessness with $450,000 grant

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.

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, stated that the grant will assist a greater number of individuals in achieving stable housing while simultaneously boosting awareness regarding the collaborative endeavor required by this issue. County Manager Mike Bryant mentioned that local housing demands necessitate a united strategy, adding that this financial backing will deliver an enduring effect on our 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 says it has invested more than $210 million in affordable housing initiatives across the region since 2024, from workforce housing to homeownership. The bank presents that figure as investment, separate from the philanthropic support it channels through the Truist Foundation.

By Kaiane Ibarra

Related Posts