Do you believe America's road to recovery begins in our local neighborhoods? These stories are about people and organizations working hard to preserve and revitalize communities. We're proud to support their efforts and do our part by investing in impactful, local and national programs that help to provide affordable housing, offer neighborhood residents home retention and foreclosure counseling, and promote neighborhood stabilization across the country.
Jun 28, 2012
San Francisco’s cost of living is 66 percent higher than the national average. The cost of living coupled with shrinking public budgets for affordable housing initiatives and investments can present serious economic hurdles for low-income residents. One neighborhood in particular that has been faced with this urban affordability crisis is the Tenderloin, home to roughly 25,000 people and the highest poverty rate of any other neighborhood in the City… learn More about Business with a Mission in San Francisco
Jul 16, 2012
The Bronx is back! See how a group of dedicated citizens connected with their community to help revitalize a struggling New York neighborhood… learn More about The Bronx is back! Concerned residents unite to save their neighborhood
Jul 30, 2012
The Bank of America Charitable Foundation today announced that it is awarding $22 million in grants to nonprofits that build and rehab affordable housing, offer foreclosure prevention services and homeowner counseling, and provide other services intended to revitalize neighborhoods and help working families find and keep suitable homes… learn More about Bank of America Announces More Than $22 Million in Grants to Housing Nonprofits
Jul 02, 2012
The Seattle community has been dedicated to helping poor and homeless families for decades: providing meals and investing in shelters, short-term housing and long-term housing. Still, Evelyn Allen, Director of Village Spirit Center, a program of Catholic Housing Services (CHS), which has been serving communities in crisis for 95 years, noticed seven years ago that efforts in Seattle and the surrounding King County area were falling short of addressing the root the causes of homelessness… learn More about Finding a Way Home for Families in Seattle
Jul 18, 2012
Los Angeles’ Boyle Heights started as a vibrant and diverse community, home to successive waves of immigrants. However, in the 70’s, 80’s and early 90’s, the lack of investment in infrastructure and public services led to rising crime rates, graffiti-covered walls, and a lack of amenities like supermarkets that offered fresh food… learn More about New Affordable Housing Adds to the Revitalization of L.A.’s Boyle Heights
*Bank of America provided more than $1.6 billion to help create more than 12,000 affordable housing units for individuals with special needs, families, seniors and veterans in 2011.