Bank of America is the sponsor of a new original TV series, “Citizen Active,” shown exclusively on Plum TV. The four-part documentary series captures the spirit of civic engagement through profiles of remarkable people who are working to strenthen their communities in many ways. Each half-hour episode is organized around a larger theme—education, community building, the environment, and “the next generation” of community activists.
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Our Community Development strategies have long been rooted in the notion that building healthy communities extends beyond affordable housing. Employment is vital to the sustainability of homeownership. That means efforts should encompass the very jobs and resources to prepare today’s workforce for the challenges they face in the marketplace and as home buyers.
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CHARLOTTE – Bank of America today announced it surpassed the $1 billion mark in loans and investments to more than 120 Community Development Financial Institutions (CDFIs) in 37 states.
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Community Development Financial Institutions, or CDFIs, are private sector financial institutions that work just outside the margins of conventional finance to help people and communities join the economic mainstream. In the current economic environment, CDFIs are critically important to the communities they serve — providing loans for housing, businesses and nonprofit organizations. At the same time, CDFIs have become increasingly important to mainstream financial partners, including Bank of America, by helping them expand access to capital in hard-to-reach and traditionally underserved markets.
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