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Community Development

Frequently Asked Questions

Get answers to the most frequently asked questions about Community Development Banking.


 

What does Bank of America do in the community?

We provide economic opportunities for low- and moderate-income customers and communities through loans and investments.


 
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Where does Bank of America do the majority of its community development work?

Most of our activities take place in many regions in the United States, where Bank of America does business in retail and commercial banking.


 
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What has Bank of America done in my community?

In 1998, Bank of America made a commitment to lend and invest $350 billion over 10 years for community development efforts throughout the country. Learn more about our $350 Billion Commitment to find out what we've done in your community.


 
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I'm considering buying a home, but am concerned that I won't be able to secure a mortgage. Can you help?

Bank of America offers a number of affordable mortgages. Learn more about our special mortgage programs, including Neighborhood Advantage Credit Flex, Neighborhood Advantage Zero Down and teacher programs. You can also find information on local home ownership assistance programs.


 
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I'm renovating a historic building. Can Bank of America help?

Historic tax credits are an excellent way to finance the renovation of a building designated by the National Park Service as a historic building. Learn more about historic tax credits.


 
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Who should I contact for a grant for my organization or community?

Most grants from Bank of America are provided through the Bank of America Foundation. Learn how to apply for a grant with the Foundation.


 
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I'm looking for a job at Bank of America working in the community. Who should I contact?

You can find and apply for current job openings in Community Development Banking. Learn more about career opportunities at Bank of America.


 
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How do I find out if you have a banking center in my community?

Refer to the Bank of America ATM and Banking Center Locator for services in your community.


 
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