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.
Sep 26, 2012
The Pilsen community in Chicago has been a port of entry for new immigrants for over 130 years, first for Eastern Europeans and more recently, for working-class Hispanics. But through the waves of immigration there has been one constant: the ongoing need for rental housing for the community’s low-income residents… learn More about The Resurrection Project Is Working to Revitalize the Pilsen Community with Affordable Housing
NYC’s New Destiny Housing Provides Safe, Affordable Housing So Families Can Escape Domestic Violence
Sep 11, 2012
In New York City, there are an average of 700 domestic violence incidents a day, and at least 30% of the homeless families are in the shelter system for that reason. While many of the victims do find their way to emergency shelters, less than 11% are able to leave with the promise of safe housing… learn More about NYC’s New Destiny Housing Provides Safe, Affordable Housing So Families Can Escape Domestic Violence
Aug 24, 2012
Bank of America today announced a three-year commitment to make available up to 1,000 properties to nonprofit organizations and local government programs that provide homes for injured military veterans and first responders. “This is an important expansion of our property donation and community revitalization initiatives and improves the inventory of homes these organizations focused on assisting our veterans and first responders need,” said D. Steve Boland, national mortgage outreach executive for Bank of America… learn More about Bank of America to Donate 1,000 Properties for Injured Veterans, First Responders
Chicago’s Mercy Housing Lakefront Builds Safe, Vibrant, Healthy Communities by Developing Affordable Housing
Aug 23, 2012
In Chicago’s Uptown neighborhood in the 1980s, housing options for low-income residents were rapidly disappearing. Many of the older single-occupancy hotels were being torn down… learn More about Chicago’s Mercy Housing Lakefront Builds Safe, Vibrant, Healthy Communities by Developing Affordable Housing
Bank of America Announces Second-Year Results of 10-Year, $1.5 Trillion Community Development Lending and Investing Goal
May 19, 2011
Bank of America announced May 19 that it provided $168.5 billion in community development loans and investments in 2010, benefitting low- and moderate-income (LMI), minority and underserved customers and communities… learn More about Bank of America Announces Second-Year Results of 10-Year, $1.5 Trillion Community Development Lending and Investing Goal
*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.