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Community Development

Loans and Investments

Bank of America transforms communities by extending loans to and making investments in organizations and community projects coast to coast.

Historic tax credits

Private investors and developers can benefit from historic tax credits, which support the rehabilitation of historic buildings and help revitalize neighborhoods and business districts.

Small business financing

We offer loans to small businesses that help strengthen our neighborhoods and fuel our economy.

Rural business loans

We help rural businesses with loans designed specifically to have impact on America's rural communities.

Affordable housing developer financing

Developers of affordable housing projects in low- and moderate-income neighborhoods can transform communities using special loans to launch their projects.

Home ownership loans

Dreams can come true for many who might not otherwise be able to buy their homes using our affordable mortgages.

Economic development

We invest in intermediary organizations that in turn invest in local for-profit and nonprofit organizations that stimulate the economy.

Real estate investments

Communities grow and reach their fullest potential through our investments in real estate developments across America.

Financing at work

       Bank of America loans and investments are revitalizing communities across the country.

Bank of America loans and investments are revitalizing communities across the country.

Did You Know?

Bank of America announced the largest community development goal ever established by an American financial institution - $1.5 trillion over 10 years. Click here to know about the $1.5 trillion goal.