Norfolk – Programs and services that are addressing youth workforce development and mental health will be able to help more people chart a path toward economic opportunity, with help from a multi-year grant from Bank of America. The Boys & Girls Clubs of Southeast Virginia and The Up Center have been named as the 2022 Bank of America Neighborhood Builders® awardees for their work throughout the Hampton Roads community to remove economic barriers and advance economic opportunity.
Each organization receives a $200, 000 grant over two years, comprehensive leadership training for an executive director and an emerging leader – on topics including financial sustainability, human capital management and strategic storytelling – who join a network of peer organization leaders across the U.S., and have the opportunity to access capital to expand their impact. The program continues to be the nation’s largest investment into nonprofit leadership development.
The Boys & Girls Clubs of Southeast Virginia was selected as an awardee for their efforts to provide youth with pathways to achieve great futures through programs addressing workforce development, academic success, youth mental health, and healthy lifestyles.
Bank Of America Launches Grant Program For Bipoc And Women Business Owners
“Receiving this award reaffirms the hard work we’re doing to provide a first-class experience for children in our service areas, ” said Kevin Will, President & CEO of Boys & Girls Clubs of Southeast Virginia. “With the leadership training and the grant funds, we’re going to continue on our mission of preparing kids for the future and making our work sustainable for many years to come.”
The Up Center was selected for the work it is doing providing mental health services and addressing the shortage of mental health workers in the area by providing training and licensing to professionals.
“Our new strategic plan includes the launch of a Center of Excellence in Behavioral Health and Wellness to develop the next generation of well-trained, community-oriented, licensed mental health professionals, ” said Tina Gill, President and CEO of The Up Center. “This generous funding and leadership training from Bank of America comes at a pivotal time in the development of the Center, which will help us increase access to high quality mental health services in our local community.”
Bank Of America Recognizes Boys & Girls Clubs Of Southeast Virginia And The Up Center With 2022 Neighborhood Builders® Grants — Boys & Girls Clubs Of Southeast Virginia
“Nonprofits are the backbone to our local community, working closely with individuals, families and community members. Through their understanding of the obstacles many are experiencing, they are able to develop programs and services that help alleviate or eliminate barriers, and help those they serve chart a path toward economic opportunity, ” said Frank Castellanos, president, Bank of America Hampton Roads. “It’s important that we direct both capital and the necessary resources and training to help position these nonprofits and their leadership teams for long-term success as they grow and make a positive impact.”
Bank of America’s invitation-only program is highly competitive, and organizations are selected by a committee comprised of community leaders and past Neighborhood Builders honorees.
Through 2021, Bank of America has invested over $280 million in 50 communities through Neighborhood Builders, partnering with more than 1, 400 nonprofits and helping more than 2, 800 nonprofit leaders strengthen their leadership skills. Neighborhood Builders is just one example of how Bank of America deploys capital in communities, builds cross-sector partnerships, and promotes socioeconomic progress as part of its approach to responsible growth.
Urban Awareness Usa Bank Of America Community Grant
At Bank of America(NYSE: BAC), we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership.ESGis embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more atabout.bankofamerica.com, and connect with us on Twitter (@BofA_News).October 17, 2022October 17, 2022 HRM Staff atlanta, Bank of America, chicago, Dallas, Financial Grants, Financial Institutions, Generational Wealth Opportunities, Minority Business Owners, Small Business Administration (SBA), Small Business Owners, Special Purpose Credit Program, Women Business Owners
/cloudfront-us-east-1.images.arcpublishing.com/gray/2DZUTYL7ANHI5EOBASXK6ZR2MU.png?strip=all)
New Special Purpose Credit Program offers down payment grants for SBA 504 and 7(a) commercial real estate loans for women and minority business owners in Atlanta, Chicago, Charlotte, Dallas and Los Angeles
Bank of America today announced the launch of a Small Business Down Payment Grant Program to drive business growth and help create generational wealth opportunities for minority and women business owners.
West Virginia American Water Recognizes Recipients Of 2022 Workforce Readiness Grant
Launching in select markets with plans to expand in 2023, the program will extend credit to historically disadvantaged small business borrowers and provide support to make purchasing commercial real estate more affordable.
“Today, many business owners of diverse backgrounds lack the access to capital and technical assistance needed to qualify for commercial loans, which can help secure transferable assets that build equity across generations, ” said Jill Calabrese Bain, Small Business Integration and Transformation executive at Bank of America. “We’re committed to addressing inequalities in business ownership by providing entrepreneurs with the access to expertise, resources and capital necessary to achieve their financial goals.”
The program will be available for eligible women and minority business owners applying for Small Business Administration (SBA) 504 and 7(a) commercial real estate loans. Commercial real estate properties must be based in Opportunity Zones in Atlanta, Chicago, Charlotte, Dallas and Los Angeles, as defined by the U.S. Treasury. Eligible business owners can apply for down payment grants, covering up to 50% of required injection (capped at $25, 000).
Dawson St, San Antonio, Tx 78202
Program eligibility requirements also necessitate 51% women or minority business ownership and owner occupancy, and a 5% minimum down payment from the applicant. Additionally, Bank of America small business specialists will team up with local small business-centric non-profit partners to provide financial education services.
Bank of America is committed to helping small business owners in local communities across the country through numerous resources beyond the Small Business Down Payment Grant Program, including:
In related news, Bank of America also announced today it is offering a bank-provided down payment, zero closing cost mortgage solution in select markets. The newCommunity Affordable Loan Solution™aims to help eligible individuals and families obtain an affordable loan to purchase a home. It is now available to first-time homebuyers purchasing in select Black/African American and/or Hispanic-Latino neighborhoods in Charlotte, Dallas, Detroit, Los Angeles, and Miami. This new program complements the existing $15 billion Bank of AmericaCommunity Homeownership Commitment, ™ which provides affordable mortgages, grants and educational opportunities with the goal of helping 60, 000 low-to-moderate income individuals and families into affordable homes by 2025.
Bank Of America Volunteer Grants
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4, 000 retail financial centers, approximately 16, 000
And award-winning digital banking with approximately 55 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stockCharlottesville, Va. – May 12, 2022 – Piedmont Virginia Community College () has received a $400, 000 grant from Bank of America, the largest corporate donation made to date to the institution’s historic Pathways Campaign. The grant will span a three-year period and support construction of the Woodrow W. Bolick Advanced Technology and Student Success Center, as well as the expansion of Network2Work@, an innovative and award winning anti-poverty initiative created to support economic mobility for all individuals in the community.
“We are honored to partner with as they build their advanced technology and student success center and seek to expand the Network2Work@ program. Partnering with institutions that support economic progress through jobs, training and commerce is one way we support long-term sustainable growth in our community, ” shared Bank of America Charlottesville President Carolyn Rainey.
Bank Of America
The Pathways Campaign is the largest and most ambitious fundraising campaign in the history of . The campaign, which has received over $13.5 million in gifts and commitments, is anchored on three priorities:
“We are grateful for this incredible gift! shares Bank of America’s goal to create economic mobility for all individuals and families in our community, and we believe the Pathways Campaign is an opportunity to make a sound investment toward achieving this important goal, ” said President Frank Friedman.
Construction on the
Posting Komentar untuk "Bank Of America Grant Program Virginia"