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 notes that the funds will facilitate stable housing connections for a broader population, bolster prevention initiatives, and expand resource accessibility to help vulnerable individuals maintain their residences.
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 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 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, 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, 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.
The plan was to start at Kings on Lamar, Roof Above’s transitional housing community, then serve meals, support shower services, assemble care kits, hand out about 1,000 pairs of new shoes with Samaritan’s Feet and host a fall festival for families facing housing instability.
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.