Treating the world as our neighbor

As a global company we have the ability — and a responsibility — to help meet various needs in the communities we serve. We do so on many different challenges, from helping build stronger economies to stepping in when natural disasters happen to our teammates and others.

Whether it’s close to home or halfway around the world, we use our reach and resources to provide disaster relief, fight hunger and meet other basic needs. We also invest in communities with various programs that provide capital and training for small businesses, affordable housing for families and create economic opportunity for individuals.

To have the most success and impact, we often partner with nonprofits and other local organizations — like Community Development Financial Institutions (CDFIs) — that have specific expertise on an issue or geographic area. We want our efforts to be efficient and effective, reaching many people with sustainable solutions.

Woman holding baby

Affordable homes for families

“Since I moved here, I feel proud of myself and it’s starting to show with myself and with my relationship with my daughter. I want her to just be the best her and the only way that she can do that is if she sees me being the best me.”

Taylor Allen | Resident at the Dr. Lena Frances Edwards Apartments

From the Dr. Lena Frances Edwards Apartments in Jersey City to other projects nationwide, we help build affordable housing that lets residents establish roots and create a more secure future. The impact ripples beyond the building, too, strengthening the surrounding communities and helping them build affordable housing.

Women chatting outside

Capital for small businesses

By partnering with Community Development Financial Institutions (CDFIs) around the country, we contribute to a host of economic development initiatives in underserved neighborhoods. Because the CDFI’s know their local communities well, our job is to connect them with funding, donate money for operating costs and consult with them on how to help small businesses grow.

CDFI Finder

Search for a CDFI in your neighborhood.
Over 100 of our local CDFI partners have programs that offer the capital you need to grow.

Holding hands

Disaster relief and crisis support

We proactively support people during humanitarian crises, civil strife and disasters, whether they’re our clients, our teammates or people in any part of the world. Some of the ways we offer our support are:

  • Priority phone lines for clients and teammates that provide anywhere-access to specialists who will offer options for their specific situation
  • Proactive outreach via email, our website and social media to let those affected by events know some of the ways they can get help
  • The Employee Relief Fund and Life Event Services team, which focuses on our teammates’ safety and security during disasters and impactful life events
  • Our Charitable Foundation provides relief and recovery funds for communities impacted by hurricanes, earthquakes and other crises
volunteer packing up food

Helping fight hunger

We support many charities’ efforts to reduce hunger and look to a future where no one goes without. Millions of people in the U.S. are unsure how they’ll get their next meal. From coast to coast, we partner with dedicated nonprofits that feed working families, children, the elderly and other at-risk groups.

People building

Habitat for Humanity partnership

To advance economic and social progress in communities from America to Indonesia, we've been a Habitat for Humanity partner for 30+ years. Besides investing nearly $80+ million to help create affordable housing, Bank of America encourages and supports our employees to volunteer around 35,000 total hours per year.

In September 2018, thousands of our teammates took part in our fifth Habitat Global Build. It’s a worldwide, week-long effort to build affordable housing and participate in other community-enhancing projects.

Woman and child smiling

Committing to the fight against AIDS

Since the launch of our partnership with (RED) in January 2014, there has been tremendous progress toward ending HIV and AIDS in Africa. (RED) has expanded access to lifesaving medication, allowing HIV-positive women to lead healthy lives and deliver healthy, HIV-free babies.

But there is still much more work to do. To continue our commitment to the AIDS fight, we’ve renewed our partnership with (RED) through 2025. This includes pledging an additional $15 million to The Global Fund by 2025, which will bring our total financial support for The Global Fund to more than USD $35 million.