Bank of America

NALCE and The Alliance

NALCE and The Alliance Receive Funding From Bank of America

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NALCE and The Alliance Receive $25M in Total Funding From Bank of America to Support Black and Latino CDFIs Across the US  The National Alliance of Latino CDFI Executives (NALCE), an initiative of the National Association for Latino Community Asset Builders, and the African American Alliance of CDFI CEOs (The Alliance) will receive $25 million in total funding from Bank of America to support minority-led CDFIs in …

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Community Affordable Loan Solution

Bank of America Introduces Community Affordable Loan Solution

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Bank of America Introduces Community Affordable Loan Solution to Expand Homeownership Opportunities in Black/African American and Hispanic-Latino Communities.  Bank of America has announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los …

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Bank Of America and Atlanta Nonprofits

Bank of America Awards More Than $1.2 Million to Atlanta Nonprofits

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Bank of America announced more than $1.2 million in grants to 53 Atlanta nonprofits to help drive economic opportunity for individuals and families. Grants focus on workforce development and education to help individuals chart a path to employment and better economic futures, as well as basic needs fundamental to building life-long stability.  While Atlanta’s economy …

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Bank Of America

Bank of America Payments and Spending Data shows Consumers are not Wilting in the Summer Heat

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Total payments increased 7% year over year in July; Consumers feel relief from lowering gas prices but many are feeling squeezed from rising rents   The Bank of America Institute published a new article which shows consumer spending continues to increase in July but some consumers are feeling the effects of rising rents. Bank of America internal …

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Health Equity

Children’s Hospital of Philadelphia’s Center for Health Equity Receives Grant from Bank of America

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Funding aims to reduce health disparities for patient and families living in West Philadelphia, extending CHOP’s overall community impact. The Children’s Hospital of Philadelphia’s (CHOP) Center for Health Equity received a $1 million grant from Bank of America to launch the Block Builds Program and improve children’s overall health in West Philadelphia. In Philadelphia residential …

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