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, 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 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 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.
