The current environment has underscored the importance of safe, decent housing for an individual’s overall well-being, including health, educational success and future employment opportunities. Yet for many, access to affordable housing has become further out of reach while others struggle with the possibility of eviction, foreclosure and homelessness. That’s why the Foundation supports the efforts of organizations working to preserve, and increase access to a mix of affordable housing options as well as other essential assistance.
Small Business Resiliency
Small Businesses help drive economic mobility and generational wealth and play an important role in the overall health of our nation’s economy. In response to the challenges small business owners face, the funding source is supporting nonprofits assisting under-resourced entrepreneurs including minority and minority business owners, as they address their short-term needs and help them grow and scale.
Vibrant communities are places where individuals can thrive and succeed and have the opportunity to live and work with safe, decent housing, transportation to jobs, strong business corridors and thriving arts and culture districts. The Foundation supports local and regional revitalization efforts, taking a holistic approach to building inclusive communities, creating economic opportunity and livable neighborhoods.
For examples, see the URL for Full Text below.
Additional Geographic Information:Eligible States and Local Markets: https://about.bankofamerica.com/en/making-an-impact/eligible-states-local-markets