Building homes, and stronger communities

Hammers on nails and saws whirring through wood can consistently be heard across Ohio, in part thanks to Bank of America’s involvement with Habitat for Humanity.

The bank works to support Habitat in cities across the state, assisting with construction and housing rehabilitations costs.

In 2016, the bank partnered with Habitat for Humanity for the second Global Build Week, kicking off on United Nations’ World Habitat Day. Builds took place in 61 U.S. communities and seven international cities including London, Hong Kong, Sydney, Jakarta, Manila, Toronto and Mumbai.

On the 2016 Global Build Day in Ohio, four coordinated builds took place in Lowellville, Cleveland, Cincinnati and Columbus. Dozens of volunteers from Bank of America worked with Habitat for Humanity MidOhio, Greater Cleveland Habitat for Humanity and Habitat for Humanity of Mahoning Valley to help families in need realize their dream of owning their own home.

The partnership with Habitat is deeper than just the global build day. Overall, Bank of America has invested over $233,000 in grants to Habitat for Humanity chapters across Ohio since 2015 to help individuals and families regain and maintain financial stability through access to affordable housing and financial coaching.

In northern Ohio, a grant from the bank recently helped the Greater Cleveland Habitat for Humanity chapter with construction costs in reclaiming an abandoned Cleveland house and transforming it into a home to change a family’s life.

Elsewhere in the state, the Dayton chapter received funding for its Merrill Lynch Builds program, which maintains the partnerships started with the families in the homeownership program by recruiting, educating and supporting families as they work to purchase energy efficient, affordable and safe homes constructed by Habitat.

In Cincinnati, a single-family home was built as part of Partners in Residential Redevelopment, a four-year, $21 million effort through which Habitat and strategic partners join together to transform Cincinnati’s urban core. With the help of the bank, a home was built in Cincinnati’s North College Hill, an urban neighborhood being revitalized through residential redevelopment, public health initiatives and citizen engagement. The grant helped purchase building materials as well as fund work that could only be completed by licensed tradespeople.

In all, Bank of America proudly supports five Habitat for Humanity chapters across the state to assist working families and individuals in achieving stability in their financial and everyday lives.

7/26/2017


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