Bank of America Community Development Banking (CDB) is actively involved in developing and financing affordable housing in communities across the country. Bank of America CDB works in partnership with community-based organizations to maximize the positive impact on the community and to act as a catalyst for reinvestment in moderate-income communities. Developers and other organizations active in the production and improvement of affordable housing and homeownership opportunities can turn to Bank of America for financing and potential partnering. Projects and initiatives include more than $2 billion in loans and investments for the construction and rehabilitation of single-family and multi-family affordable housing; the development of several low-and mixed-income housing communities; low-income housing tax credit investments in housing projects; and many more services. To find out more about Bank financing and funded developments or about how the Bank of America can help with your real estate investment, contact: Bank of America, Community Development Banking, 10 Light Street, 19th Floor, MD 4-302-19-02, Baltimore, MD 21201; 888-488-9802; www.bankofamerica.com/community
Income Eligibility: Varies by program, lender and state. You should check with you local Bank of America to see what income requirements they have for you area.
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