In 2023, the Wyoming Community Development Authority issued $153.5 million in municipal bonds, partially underwritten by Bank of America, to finance and refinance loans supporting the state’s Single Family Mortgage Program.
A $20,000 grant to Couleecap, Inc. by Wells Fargo in Westby is providing critical bill payment assistance for small business owners and their workers within the Coulee Region. The goal is to offer support to small businesses whose employees are struggling with payroll assistance for sick and medical leave and the cost of rent. Small businesses’ most emergent needs will be determined, and awards will be given for critical needs. All participants will be referred to government programs, and they will receive information on emergency and unemployment budgeting to help them determine how other public resources can be used to free up cash for critical bills. Read More
Bank of America invests in Community Development Financial Institutions throughout the United States, including the Wisconsin Women’s Business Initiative Corporation. WWBIC is a statewide economic development corporation that works with individuals who are interested in starting, strengthening or expanding businesses with access to critical resources such as responsible financial products and quality business and financial education, focusing on individuals who face barriers in accessing traditional financing or resources, particularly women, people of color, veterans and low-income individuals. Read More
In 2023, the City of Milwaukee issued $62 million in municipal bonds, underwritten by Morgan Stanley, to allow the city to increase its annual contribution to its Employes’ Retirement System.
In 2023, Milwaukee County issued $37.4 million in municipal bonds, underwritten by Citi, to support operations of the county’s airport system. The system includes Milwaukee Mitchell International Airport, Wisconsin’s largest and busiest airport.
In 2024, the Milwaukee Area Technical College District issued $1.5 million in municipal bonds, underwritten by BNY. The bonds finance renovations and remodeling of the college’s buildings, projects that are part of the district’s 2023-2024 improvement program.
In 2023, the Milwaukee Metropolitan Sewerage District issued $62 million in municipal bonds, underwritten by Citi, to finance the acquisition, leasing, design, construction, renovation and improvement of land, water, property, highways, buildings and equipment involved with the city’s sewerage system.
Citi acted as lead advisor on behalf of The West Virginia Economic Development Authority as the authority issued $54 million of bonds to finance the cost of constructing, improving, and maintaining the state parks within West Virginia.
In 2023, the West Virginia Economic Development Authority issued over $70 million in municipal bonds, underwritten entirely by Bank of America. The bonds aid in financing construction costs for a 418-unit student housing complex and a 123,850-square-foot recreation and wellness center at Marshall University.
In 2023, the West Virginia Hospital Finance Authority issued $285.9 million in municipal bonds, partially underwritten by Bank of America, to finance renovation projects at several locations within the West Virginia University Health System. One of these projects is a two-story addition to Jackson General Hospital that will include a new emergency department, a surgical department, two operating suites and procedure rooms, and a floor of private rooms for inpatients.
In 2023, Citi Community Capital provided a $61.85 million construction loan and a $32.55 million permanent loan for the financing of the construction of Cedar Crossing, a mixed-income housing property. The 254-unit apartment complex reserves units for tenants with incomes ranging from 30% to 60% of the Area Median Income. Read More
With support from Wells Fargo, the Africatown Community Land Trust (ACLT) hosted its annual Reunion on Union, a celebration of community and culture in Seattle’s Central District. The Reunion on Union also serves as a platform to showcase ACLT’s initiatives to preserve and strengthen the Black community.Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Community Lodgings, an Alexandria-based recipient, will receive $1 million over three years to advance its programs that lift low-income families from homelessness and housing instability, including transitional housing, affordable housing, and youth education.Read More
In 2024, the City of Alexandria, Virginia, Sanitation Authority issued $45.7 million in municipal bonds, partially underwritten by Wells Fargo, to fund multiple initiatives to upgrade the city’s sanitation systems. Initiatives include the Solids Upgrade Program, which will improve the handling, disposal, and reduce the volume of solids, the Preliminary and Primary System Upgrades Project to replace aging treatment systems, and the Tertiary Systems Upgrade Project, which will repair and replace filters, settling tanks, and chemical treatment systems.
In 2023, the City of Alexandria issued $246.6 million in municipal bonds, underwritten by Bank of America, to fund various public improvement projects, benefitting city parks and buildings, school facilities, the redevelopment of the Landmark Mall site, and the Washington Metropolitan Area Transit Authority.
Tidewater Community College (TCC)’s Racial Equity Through Accessible Credentials and Training program aims to remove educational and employment barriers for residents in South Hampton Roads. As part of Bank of America’s commitment to advance racial equality and economic opportunity, funding was provided to TCC’s workforce training for individuals facing racial and/or economic inequality.Read More
Bank of America is providing a $35 million construction loan to help lower utility bills for residents of a new affordable housing development in Henrico County, known as The Helios. Funding from the bank is supporting the construction of on-site solar power generation that will significantly reduce utility and electric costs for residents.Read More
Bank of America awarded $200,000 to Arlington-based Kitchen of Purpose through its Neighborhood Builders Award. Kitchen of Purpose helps unemployed immigrants start culinary careers and businesses while promoting healthy lifestyles. Read More
JPMorganChase provided philanthropic capital to Champlain Housing Trust, a Burlington-based community land trust. The funding helps Vermont residents overcome housing barriers through homebuying education, financial health education and coaching.Read More
Goldman Sachs partnered with Salt Lake Community College to provide an advanced education program for small business owners. For over a decade, the Goldman Sachs 10,000 Small Businesses program has helped entrepreneurs nationwide grow their businesses by offering a free, practical business training program, access to capital and personalized support services.Read More
Goldman Sachs celebrated the 1,000th graduate of its 10,000 Small Businesses program in Salt Lake City, in partnership with Salt Lake Community College. The 35th cohort included nearly 30 entrepreneurs. The local alumni represent over $2 billion in revenue and 24,000 jobs, highlighting the firm’s impact on regional economic growth.Read More
Bank of America awarded a $125,000 grant to St. Edward’s University to support low-income students from underrepresented backgrounds and enhance educational opportunities for all students. The university will use the funding to provide economic mobility and workforce development support, with a focus on building pathways for low-income students, students of color and first-generation student. Moreover, the funding will support programs and mentoring programsRead More
The Wells Fargo Foundation committed $500,000 in grant funding to Austin-based nonprofit Mobile Loaves & Fishes to build 3D-printed designs to serve the underhoused community. Read More
JPMorganChase supports the Cities for Financial Empowerment Fund’s CityStart Initiative in Dallas. This program creates a city-specific approach to offer mayors and their administration support in identifying financial empowerment goals, convening stakeholders for sustainable success, developing strategies, and crafting a plan for local insights and opportunities. Read More
Wells Fargo and JPMorgan partnered with Cities for Financial Empowerment to create Financial Empowerment Centers (FEC) offering professional, one-on-one financial counseling as a free public service to enable Dallas residents to address their financial challenges and needs as well as plan for their futures. Local governments offer FEC financial counseling as a free stand-alone public service, but also via integration into other social services including housing and foreclosure prevention services, workforce development, prisoner reentry, benefits access, domestic violence prevention, and more. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Dallas. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt.Read More
In 2023, JPMorganChase invested $6 million in philanthropic capital to The Real Estate Council (TREC), a commercial real estate organization focused on South Dallas neighborhoods that are vulnerable to rapid transition. TREC works to ensure more accessible homeownership for low-income families and that property remains in the hands of the community.Read More
In 2023, Goldman Sachs broke ground on its Dallas Campus, with the capacity to have more than 5,000 people employees working in its new building. The project also supported opportunities to work with small, diverse, and local talent as part of the firm’s supplier diversity goals. Read More
Founder of HD Waste & Recycling, Diana Martinez, expanded her two-truck waste management company into a multi-million-dollar business with help from JPMorganChase. In 2013, Martinez connected with a local analyst who helped her secure a loan to expand her fleet. Today, the company has 42 employees and over 30 trucks, serving thousands of clients across the Dallas-Fort Worth region. “I tell other women: It’s a lot of work. But you can do it if you put in the effort and have the right people to guide you,” Martinez says. Read More
In 2023, Bank of America supported the Promise Champion Initiative through its North Texas Employee Network, providing mentors to high school seniors in the Dallas County school district. The mentorship encouraged students to create an actionable post-graduation plan as they launch the next phase of their lives.Read More
In 2023, JPMorganChase invested $500,000 in Builders of Hope CDC, a nonprofit that creates affordable homeownership and housing options for residents in Dallas County. This funding supported the creation of a data-based toolkit, which aims to keep homeownership affordable and accessible for residents amidst real estate booms. Read More
Wells Fargo is investing $500,000 in local entrepreneurs through The Good Soil Forum’s Seed Capital Pitch Competition in Dallas. In addition to funding opportunities, participants will gain access to expert mentorship and a robust network of industry leaders and like-minded peers.Read More
Wells Fargo employees in the Dallas-Fort Worth area joined ZeroMils’ \”Uniting in Service: Military Thriving Dallas\” event to support the military and veteran community. Volunteers assembled 2,500 care packages, which were delivered to deployed service members, military families, veterans, and first responders.Read More
Bank of America, Citi, JPMorganChase, and Wells Fargo offer Bank On certified accounts to improve the financial stability of unbanked and underbanked individuals in communities across the country, including Houston. Bank On coalitions are locally-led partnerships that work together to connect people to safe and affordable bank accounts, raise public awareness, target outreach to unbanked and underbanked, and expand access to financial education. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Houston. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt.Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including San Antonio. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2024, the City of San Antonio, Texas Education Facilities Corporation issued $67.2 million in municipal bonds, partially underwritten by Wells Fargo, to finance renovations to several facilities at Trinity University. Campus renovations will include the University’s Welcome Center, an event space building, and residence halls.
In 2023, the Bexar County Hospital District issued $188 million in municipal bonds, partially underwritten by JPMorganChase, for a variety of improvement projects to the University Health system. Projects include acquiring and reconstructing hospitals, medical offices, public health buildings, and purchasing the necessary technology and software to equip those facilities. Improvements also involve the construction of parking garages and the purchase of corresponding property, supplies, equipment, and machinery.
In 2024, the City of San Antonio issued $1.1 billion in municipal bonds, partially underwritten by Wells Fargo, to finance constructing, expanding, repairing, and maintaining the city’s electric and gas systems.
In 2023, Bank of America awarded a $1 million grant for the development of the National Juneteenth Museum in Fort Worth, Texas. “The bank’s foundational support acknowledges the significant role Juneteenth plays in our city’s history and is another demonstration of our commitment to advance economic opportunity and racial equality,” said Mike Pavell, Bank of America Fort Worth President. Read More
JPMorganChase has invested $3.75 million in the Tarrant To & Through Partnership to expand opportunities for Texas students. In 2023, the firm contributed $750,000 to fund the Pathways to Careers digital platform, which helps students explore careers and potential earnings. Read More
Twenty years ago, founder of natural skincare company FarmHouse Fresh, Shannon McLinden, was able to secure the financial flexibility FarmHouse Fresh needed to grow through JPMorganChase’s business credit line. “Having access to a credit line that grew with us really helped us take on more opportunities and risks and ultimately set up the business for success,” McLinden says. Now, the company is a thriving natural skincare business with $50 million in annual sales and almost 80 employees. The company also donates 10 percent or more of its profits to animal rescue organizations and to provide critical care for the farm animals at its sanctuary. Read More
Bank of America provided a grant to the Texas Tech School of Veterinary Medicine’s program to recruit and train students from Hispanic/Latino backgrounds. In Amarillo, more Hispanic/Latino students are being trained to care for cows, sheep and pigs that local farmers depend on. “Support from the local community and the private sector, including Bank of America, have made our vision a reality. It’s a gift that will support critical programs and recruitment efforts across the region,” said Guy Loneragan, dean of the School of Veterinary Medicine. Read More
In 2023, Bank of America partnered with the Fogelman College of Business and Economics at the University of Memphis to launch the FCBE Career Fellows Program. This partnership supports the development of an innovative and strong pipeline of Black/African American graduates by engaging, educating, and effectively preparing Black/African American business students for professional success.
In 2023, Bank of America committed $1.25 million over five years to CodeCrew, a Memphis-based nonprofit that provides technology education programs for students from underserved communities. This funding helps full-time students cover tuition costs for coding boot camp. “Bank of America’s unwavering championing of CodeCrew is ensuring we play our role in moving the needle in diversifying tech,” said CodeCrew Executive Director Meka Egwuekwe. Read More
In 2023, the Health and Educational Facilities Board issued over $145 million in municipal bonds, partially underwritten by Bank of America, to finance facility improvements and expansions at several Vanderbilt University Medical Centers. Projects include the construction of a tower at Vanderbilt University Hospital, which will hold 180 adult inpatient beds and 10 operating rooms.
In 2023, the Health and Educational Facilities Board issued over $145 million in municipal bonds, partially underwritten by Bank of America, to finance facility improvements at several Vanderbilt University Medical Centers. One of these projects involves expanding two floors of Monroe Carell Jr. Children’s Hospital at Vanderbilt to make 76 additional beds available.
In 2024, the Metropolitan Government of Nashville and Davidson County issued $366.7 million in municipal bonds, partially underwritten by Bank of America and JPMorganChase, to finance construction to improve and expand the area’s electricity system.
In 2023, the Metropolitan Sports Authority of Nashville issued $705.4 million in municipal bonds, partially underwritten by Goldman Sachs and JPMorganChase, to aid in financing the New Nissan Stadium. The bonds will support the design, engineering, construction, and furnishing of the stadium, which will be the new home of the Tennessee Titans NFL team and will host other entertainment, sporting, and civic events.
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to a Kyle-based Native American Community Development Financial Institution, Lakota Fund, and worked with the South Dakota Homeownership Coalition to expand homeownership in Native American communities across South Dakota. Read More
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to Eagle Butte-based economic opportunity organization, Four Bands Community Fund, and worked with the Mountain I Plains Regional Native Community Development Financial Institution Coalition to increase capital to Native entrepreneurs and drive small business growth. Read More
State Street announced a $100 million program to provide low-cost, stable funding to Minority Depository Institutions (MDI) and Community Development Financial Institutions (CDFI). As partners with Columbia-based MDI and CDFI, Optus Bank, State Street is supporting the collective mission of addressing inequities in our communities by working toward a more just and equitable future. Read More
In 2024, the City of North Charleston issued $29.4 million in municipal bonds, underwritten by Wells Fargo, to finance construction involved in the Ingleside Community Redevelopment Project. The project includes improvements to roads, traffic controls, street lighting, sidewalks, parks and recreation facilities, and construction of a new fire station.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchases and construction costs for the Oakbrook Redevelopment Project. A portion of the bonds are being used to fund renovations at Oakbrook Elementary School.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchase and construction costs for the Oakbrook Redevelopment Project. A portion of the bonds will fund renovations at Oakbrook Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America. A portion of the bonds finance the designing, constructing, and equipping of a replacement A.C. Corcoran Elementary School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America, to support the designing, constructing, and equipping of a replacement Morningside Middle School.
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America. A portion of the bonds are dedicated to funding construction to expand Deer Park Middle School
In 2023, the Charleston County School District issued $40 million in municipal bonds, underwritten by Bank of America, to support the purchase of land near Midland Park Primary School.
In 2023, the Charleston Educational Excellence Financing Corporation issued $141.6 million in municipal bonds, underwritten by Wells Fargo, to partially refund a previous series of bonds that financed the acquisition, construction, renovation, and expansion of educational facilities in the Charleston County School District.
In 2024, Dorchester County issued over $13 million in municipal bonds, underwritten by Wells Fargo, to finance a variety of infrastructure purchases and construction costs for the Oakbrook Redevelopment Project. Plans include improvements to stormwater systems, water and sewer utilities, street lighting, bicycle trials, pedestrian paths and crosswalks, vegetative buffers, and landscaped medians. Improvements also include renovation and construction of public environmental, cultural, and recreational facilities.
In 2023, Dorchester County issued $18.9 million in municipal bonds, underwritten by Wells Fargo, to support roadway improvements and to fund the purchase, construction, and equipping of a 4,800 square-foot fire and EMS station.
In 2023, Dorchester County issued $28.2 million in municipal bonds, underwritten by Wells Fargo, to finance a series of upgrades to the county’s water and sewer system.
In 2023, the Wells Fargo Foundation invested $40,000 to Capital Good Fund, a Providence-based Community Development Financial Institution, in support of its financial coaching programs. The grant funding helped expand access to financial coaching to 500 low-income families. Read More
Bank of America awarded a $200,000 grant over two years to the Providence After School Alliance, an organization that works to expand high-quality, after-school and summer learning opportunities for Providence youth. The multiyear grant funding strengthens programs and services that help enrich the education of young people.Read More
Bank of America awarded a $200,000 grant over two years to the Junior Achievement of Rhode Island, an organization that works to provide financial literacy, work readiness and entrepreneurship programs to K-12 students. The multiyear grant funding strengthens programs and services that help enrich the education of young people.Read More
Bank of America and Vital Voices Global Partnership brought together women leaders from the private sector, social enterprise and the nonprofit community in San Juan, Puerto Rico, for a weeklong initiative that connects women leaders in business and social enterprise to mentoring and expertise. The week focused on building organizational leadership and business acumen and enhancing skills in key areas such as financial and human resources management, business strategy, and communications.\n\nIn Puerto Rico, Citi invested in the Caño Martin Peña Community Land Trust that is aiming to help families secure a pathway to ownership and long-term affordability in the parts of San Juan hit hardest by Hurricane Maria. The Caño Martin Peña CLT focuses on a densely populated area of San Juan that is home to a disproportionate number of low-income residents. Citi’s investment aims to help families secure a pathway to ownership and long-term affordability. Since 2016, Citi has invested more than $1 million in housing assistance in Puerto Rico.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Philadelphia. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, JPMorganChase announced its plan to contribute $5 million over three years to support economic development in the Kensington Neighborhood Commercial Corridor in North Philadelphia. In addition, the firm invested $3 billion in mortgage and small business lending and planned its expansion of retail branches. \”We’re proud JPMorganChase is not only expanding its business into the Philadelphia region, but also investing in long-term economic solutions for the Kensington neighborhood,\” Former Philadelphia Mayor Jim Kenney said. Read More
The Pennsylvania Conference for Women has served as a nonprofit, professional, and personal development event to uplift and advocate for women for the last two decades. In 2023, Bank of America sponsored the 20th annual Pennsylvania Conference for Women in Philadelphia and provided mini masterclasses, one-on-one career coaching and networking opportunities for the attendees. Read More
Wells Fargo donated $5 million to HomeFree-USA to aid first-time homebuyers in Philadelphia. Through its NeighborhoodLIFT program, the firm offers up to $15,000 in assistance and provides education and financial coaching for homeownership. Read More
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. Catapult Greater Pittsburgh, a community-based nonprofit, received $3 million and is providing a clinic to help people who do not have a legal title to their property in their name. Read More
In 2023, Morgan Stanley financed the construction of Wecoma Place, a low-income housing tax credit project located in Lincoln City in response to the Echo Mountain Wildfire of 2020. The wildfire spanned over 2,500 acres north of Lincoln City and over 400 homes were lost. The construction of Wecoma Place provides one- and two-bedroom apartments for seniors, disabled persons, and families. Read More
Wells Fargo contributed to a $205,000 grant to Adelante Mujeres, a Forest Grove-based non-profit organization that empowers Latina women in Washington County. The grant supports the organization’s work to provide opportunities and education to Latina women and their families. Read More
In 2024, Bank of America sponsored 12 scholarships for the Small Business Management Program, a collaboration with the Portland Metro Chamber and Portland Community College. This initiative is designed to help both new and experienced business owners enhance revenue, improve operations, and hire talented employees. Read More
In 2024, JPMorganChase partnered with Habitat for Humanity Portland Region to build four playhouses. “Working alongside a team of compassionate individuals, we crafted more than just a structure. We built a place where children can dream, play, and reclaim a sense of normalcy and joy,” said Julie Campbell, JPMorganChase’s Executive Director/Market Director. Read More
In 2024, Wells Fargo partnered with Habitat for Humanity Portland Region to build a playhouse which will be donated to Wapato Island Farm in support of Native American youth. Read More
In 2023, Goldman Sachs powered the W.E. Build accelerator program, focused on empowering Black women entrepreneurs in Tulsa. The program included a $25,000 grant, three months of business training, and mentorship opportunities. Through this program, 25 innovative and diverse startups created and launched scalable ventures in the area. Read More
Wells Fargo collaborated with the T.D. Jakes Foundation to create opportunities for historically underrepresented communities with a philanthropic investment of $9 million to community-based organizations across the United States. Greenwood Rising, a Tulsa-based culture and history center, received $25,000 to support its educational programs. Read More
State Street partnered with Local Bank, a Hulbert-based Minority Depository Institution (MDI) and Community Development Financial Institution (CDFI), as part of the firm’s $100 million program to provide low-cost, stable deposit funding to MDIs and CDFIs. “From supporting small businesses to achieving homeownership and everything in between, we are confident that State Street’s deposit will create a long-lasting impact within the communities that we serve,” said Susan Plumb, chairman and chief executive officer of Local Bank. Read More
In 2023, JPMorganChase announced their $3 million commitment over the next three years in the Columbus Urban League (CUL), a resource for Black and urban communities that is dedicated to growing wealth, education, earning power and small businesses, while also supporting strong families. This commitment will fund CUL’s new program that aims to provide education, support and access to capital and contracting opportunities for 100 women entrepreneurs and business owners in Greater Columbus.Read More
JPMorganChase is providing $10 million to the Affordable Housing Trust, a nonprofit dedicated to developing housing opportunities within the City of Columbus and Franklin County to increase the number of affordable housing units in the area. This long term, low-cost loan doubles down on the firm’s investments to power a stronger economy in Ohio by helping scale the supply of multi-family affordable housing units in the region. Read More
In 2023, Bank of America and microlender Kiva launched the Bank of America Loan Fund for Women Entrepreneurs at Kiva. A $1 million commitment was funded from the bank, which matches Kiva loans dollar for dollar. Breona Baines, founder of Central Ohio’s Program for Animal Welfare (COPAW), applied for a $8,000 loan from Kiva to help scale her low-cost veterinary services to underserved communities in Columbus. The funds allowed her to purchase equipment and expand the size of her facility to allow for more surgeries and cat housing. Read More
In 2023, JPMorganChase announced a $3 million investment in The Columbus Urban League (CUL)’s Accelerate Her initiative, which provides education, support, access to capital, and contracting opportunities for women entrepreneurs and business owners to help them scale and grow. “The Accelerate Her initiative and the multi-year, multi-million-dollar investment by our partners at JPMorganChase will have a rippling and residual impact on the economic empowerment of Black women and a tremendous economic impact on the community as a whole,” said CUL President & CEO Stephanie Hightower. Read More
JPMorganChase’s Forward Program provides mentorship to small business owners and offers support on business challenges, such as financial modeling, e-commerce, and more. In 2023, Lisa Gutierrez, owner of Dos Hermanos, a Mexican-inspired food business in Columbus, worked with JPMorganChase’s volunteers to expand her services online. Together, they created and streamlined an app that is user-friendly for both guests and staff to engage in her business. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. This funding enables One Columbus, an economic development organization, to lead the initiative by fostering collaboration among businesses, education institutions, and workforce partners. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. This funding enables the Columbus City Schools District to promote business opportunities for their high school redesign work. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. This funding assists Ohio Excels, a nonprofit dedicated to enhancing Ohio’s education system, in providing project management support for the initiative. Read More
JPMorganChase committed $2.1 million to four Columbus-based organizations to support a regional workforce collaborative that advances career pathways for individuals and families. The funding assists Zora’s House, a community space for women of color, to develop processes to ensure women of color are adequately addressed in strategy and planning. Read More
Forty years ago, Medina-based Fire-Dex produced one product: leather gloves for welders. Today, the company manufactures protective gear for first responders and firefighters across the country. With capital support from JPMorganChase, Fire-Dex expanded its production capacity and bought the patent for its new line of firefighter gear. “JPMorganChase has always been there for us. I can’t say enough about their willingness to work with us and help us grow,” Fire-Dex owner and chairman Bill Burke says. Read More
Citi Community Capital provided a $28 million construction loan and a $20.4 million permanent loan to finance the acquisition and rehabilitation of The Ericsson Apartments, a 240-unit project in Akron. The property’s affordability was preserved for an additional 20 years through a Housing Assistance Payment contract for all units. Read More
Goldman Sachs partnered with Bismarck State College to bring an in-class training program to North Dakota small business owners. For over a decade, the Goldman Sachs 10,000 Small Businesses program has helped entrepreneurs nationwide grow their businesses by offering a free, practical business training program, access to capital and personalized support services. Read More
In 2023, Wells Fargo awarded a $25,000 grant to the Baltimore Village School, a historic African American schoolhouse. This funding supports the school’s transformation into a community center and museum dedicated to preserving the history of the Baltimore Village neighborhood, the school itself, and the significant contributions of African Americans to the history of Cramerton and Gaston County. Read More
In 2023, Bank of America announced a $1 million donation to Discovery Place in Charlotte, N.C. This donation provides students and teachers resources and skills for education and career development to meet the growing demand for STEM jobs. In addition, this donation provides new programs to more than 7,000 students at various Charlotte Mecklenburg County Title I schools. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Charlotte, N.C. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
Bank of America provides ongoing support for Road to Hire, a Charlotte-based non-profit organization dedicated to providing pathways for professional development and career advancement for young adults. The bank is one of the several Charlotte-area hiring partners and continues to fund wages for the program’s apprenticeships. Read More
Wells Fargo partnered with Operation HOPE to expand access to financial education workshops and one-on-one coaching for small business owners in Charlotte. “Strategic partnerships are the backbone of community transformation and Wells Fargo has been with us since the beginning. We are deeply grateful for their commitment to increasing economic inclusion by expanding our HOPE Inside for Small Business footprint,” said John Hope Bryant, founder, Chairman and CEO, Operation HOPE. Read More
State Street announced a $100 million program to provide low-cost, stable funding to Minority Depository Institutions (MDI) and Community Development Financial Institutions (CDFI). As partners with Durham-based MDI and CDFI, Mechanics & Farmers Bank, State Street will is supporting the firm’s collective mission of addressing inequities in our communities by working toward a more just and equitable future. Read More
Bank of America provided a grant to the Skills Training Employment Program (STEP), a partnership between Asheville-Buncombe Technical Community College and the Buncombe County Department of Health and Human Services which seeks to connect qualified candidates to open jobs and provide training opportunities to local residents that want to reskill. The grant helps STEP expand its program to low-income individuals and students. Read More
Bank of America provided a grant to Voyage, a Wilmington-based non-profit organization that offers a seven-week summer program of paid work experience, mentorship, and training to high school students. The grant helps expand Voyage’s job skills boot camp and financial literacy training. Read More
Bank of America announced plans to open more than 150 financial centers across 60 markets by the end of 2027. In 2025, the bank opened a flagship financial center in Bryant Park, designed to give clients direct access to financial specialists and personalized support.
In 2023, Bank of America announced four New York City-based women- and minority-owned business to join the firm’s annual Small Business Spotlight Program, which offers local entrepreneurs and businesses support to reach new customers. A Brooklyn-based and Black-owned children’s bookstore, Stories of a Colorful World, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
Citi announced that it will donate over $6.6 million in support of education-focused non-profit organizations as part of its “e for education” campaign. The selected non-profit organizations focus on tackling childhood illiteracy and improving access to quality education. One New York-based recipient is Civic Builders, an organization that develops public school buildings in historically under-resourced communities. Read More
State Street issued $1 billion of senior debt with Tigress Financial Partners, a disabled and women-owned firm based in New York, as co-manager on the transaction. Read More
In 2023, State Street issued $1 billion of senior debt and $0.5 billion of senior subordinated debt with Siebert Williams Shank, a women- and minority-owned firm based in New York, as a joint book-running manager on the transaction. “State Street remains a leading partner in its commitment to broadening opportunities for minority and women-owned business enterprises,” said Suzanne Shank, President and CEO of Siebert Williams Shank. Read More
In 2023, the New York Transportation Development Corporation issued $2 billion in municipal bonds, partially underwritten by Citi, Bank of America, and JPMorganChase, to finance Phase A of a project at John F. Kennedy International Airport. The project includes the design, construction, and operation of the New Terminal One passenger terminal, which is anticipated to hold 23 gates across 2.4 million square feet. The project also involves demolishing a parking garage near the current Terminal 1, building new offsite facilities, utilities and roadways, and improving the AirTrain.
JPMorganChase announced $9.6 million in philanthropic commitments to organizations that help preserve homeownership by addressing heirs’ property issues, appraisal bias and the undervaluation of homes. Center for New York City Neighborhoods, a non-profit organization dedicated to supporting low- and moderate-income homeowners, received $889,000 in support of its free estate planning services and education for Black homeowners. Read More
The construction of JPMorganChase’s headquarters in Midtown Manhattan is expected to create 8,000 construction jobs, triggering additional economic activity of $3.6 billion for New York State, including $2.6 billion for New York City. Read More
In 2024, the New York State Environmental Facilities Corporation issued $717.3 million in municipal bonds, partially underwritten by Bank of America, Morgan Stanley, and Wells Fargo. The bonds will specifically be issued to assist the New York City Municipal Water Finance Authority in financing water pollution control projects and drinking water projects.
In 2023, the City of New York issued $965 million in municipal bonds, partially underwritten by Citi, Morgan Stanley, Bank of America, JPMorganChase, and Wells Fargo. The bonds will reimburse the city’s Department of Housing Preservation and Development for previous funds they spent on affordable housing for low-income, in-need, and senior citizen residents.
In 2024, Bank of America announced four New York City-based small business beneficiaries of its Small Business Spotlight program, which offers local entrepreneurs and businesses support to reach new customers. A Queens-based South Asian snack store, Doosra, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
In 2024, Bank of America announced four New York City-based small business beneficiaries of its Small Business Spotlight program, which offers local entrepreneurs and businesses support to reach new customers. A Manhattan-based store that sells cooking kits from different countries and cultures, eat2explore, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
In 2024, Wells Fargo committed $500,000 to Breaking Ground, a New York City-based organization that operates nearly 4,500 units of permanent housing. This funding supports the organization’s affordable housing facility in Harlem. Read More
In 2023, Bank of America announced four New York City-based women- and minority-owned businesses to join the firm’s annual Small Business Spotlight Program, which offers local entrepreneurs and businesses the opportunity to reach new customers. A Bronx-based and Hispanic-Latino-owned shop that designs and creates handcrafted leather accessories, Louise Goods, was selected to showcase its products at the Bank of America Winter Village at Bryant Park. Read More
JPMorganChase partnered with BronxWorks, an organization that provides supportive housing and social services to families and individuals. The firm’s $450,000 commitment supports the launch of BronxWorks Landlord Engagement Program, an initiative to educate and support small landlords who want to provide affordable housing in their communities. Read More
BNY collaborated with Ponce Bank, a Bronx-based Minority Depository Institution, as part of the U.S. Treasury Department’s Financial Agent Mentor-Protégé Program. This alliance supports Ponce Bank’s investment in local businesses and housing in underserved communities. Read More
State Street partnered with Ponce Bank, a Bronx-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “Deposits from forward looking institutions like State Street help us bring financial equity to the underserved but highly deserving communities in and around New York City that we’ve been so proud to support for over 60 years,” said Carlos P. Naudon, President and CEO of Ponce Bank. Read More
Goldman Sachs’ Urban Investment Group partnered with KeyBank Community Development Lending and Investment and provided a $200 million construction loan for the planned renovation of affordable housing for seniors in Rochester, New York. The capital investment will have a significant impact within underserved communities living in downtown Rochester. Read More
Bank of America provided funding to the Rochester-based Center of Youth in support of its Flower City Changemakers program, an initiative led by young leaders to help their peers do better in school, stay out of the juvenile system, prepare for the workforce and remain in stable housing. Funding from Bank of America assists young leaders with paid internships, transportation and social and emotional support services. Read More
JPMorganChase provided a $36 million letter of credit to help finance the construction of Center City Courtyard, a 164-unit supportive housing apartment in Rochester. When the apartment is completed in 2025, it will create 95 new supportive housing units for formerly homeless veterans and the formerly incarcerated. Read More
In 2024, the South Jefferson Central School District issued $2.2 million in municipal bonds, underwritten by BNY, to finance the purchase of school buses.
In 2023, the Fonda-Fultonville Central School District issued $6.5 million in municipal bonds, underwritten by BNY, to finance renovations at several of its buildings and sites. The bonds also help finance new furnishings, equipment, and machinery.
In 2023, Montgomery County issued $5.4 million in municipal bonds, underwritten by BNY. The bonds finance construction costs to demolish a former Beech-Nut factory site and replace a bridge on Cranes Hollow Road.
In 2023, the County of Schoharie issued $7.3 million in municipal bonds, underwritten by BNY, to finance the fortification of streambanks to minimize potential damage from future hurricanes.
In 2023, Bank of America provided funding to the Buffalo Center for Arts and Technology (BCAT)’s workforce training programs, which prepares under and unemployed local residents for jobs that pay livable wages and offers opportunities for career growth. The funding helps BCAT train more than 200 job seekers a year. Read More
In 2023, Bank of America provided funding to Nassau County Community College’s Workforce Development Training Equity & Inclusion Opportunities Program, which prepares students for in-demand jobs in growing fields. The funding helps expand the program to additional Black/African American, Hispanic and other students who have been adversely affected by the pandemic-led economic downturn. Read More
In 2023, Wells Fargo launched a $20 million program, Invest Native Initiative, to work with Native-led organizations and advance economic opportunities in Native American communities. Wells Fargo provided $500,000 to a Laguna-based Community Development Financial Institution, Native Community Capital, and worked with the New Mexico Tribal Homeownership Coalition to build a campaign around model mortgage lending and homeownership activities for tribal communities.
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JPMorganChase announced $20 million in new philanthropic funding to organizations across the country working to expand homeownership for underserved communities. Homewise, an Albuquerque-based recipient, received $1 million and will pilot a credit builder loan product with matched savings to overcome key barriers to homeownership.
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Bank of America’s Progresando Initiative supports Hispanic-serving education institutions to expand employment opportunities for Hispanic-Latino adults in health care. Through this initiative, Bank of America partnered with Central New Mexico Community College in support of its professional training and education programs to strengthen Albuquerque’s healthcare workforce.
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The Wells Fargo Community Grant committee awarded a $10,500 grant to the Belen MainStreet Partnership, a non-profit organization dedicated to addressing downtown revitalization. The grant assists seven small, locally owned businesses in Belen with various needs, such as landscaping and buying supplies and signs. Read More
In 2024, Wells Fargo teamed up with Habitat for Humanity of South Central New Jersey for a neighborhood repair and clean-up event. Read More
Citi Community Capital partnered with Freddie Mac Multifamily and turned an iconic New Jersey bell tower into affordable housing for hundreds of Newark residents. The Walker House includes 264 units and gives residents easy access to Washington Park, local transit options, museums, and restaurants. This renovation is central to the revitalization of downtown Newark, which has historically faced economic challenges. Read More
JPMorganChase partnered with Newark-based nonprofit United Way to provide financial literacy training to people in neurodiverse and disabled communities. The four-week courses reached over 50 people in three cohorts.Read More
State Street issued $1 billion of senior debt with R. Seelaus & Co., Inc., a Chatham-based women-owned business enterprise, as co-manager on the transaction. Read More
Citi provided a $20 million construction loan for Willows at Flemington Junction South, a 100-unit affordable family apartment community. The community provides onsite services to the formerly homeless population, including residential, medical, vocational, and recreational support. Read More
With support from Bank of America, the Midland African Chamber hosted its annual Pitch Black conference and competition in Omaha, which is dedicated to fostering entrepreneurship in communities in Nebraska and across the Midwest. Read More
In 2023, Wells Fargo sponsored the SHARE Omaha’s Back to School drive and helped students start the school year with school supplies donated by community members. \”We are proud to elevate SHARE Omaha’s Back to School Drive and contribute to the academic success of the students who will become our community’s future leaders,\” said Cristina Castro-Matukewicz, Wells Fargo’s Senior Vice President of Community Affairs. Read More
Wells Fargo granted $1.5 million to Native360, a Native Community Development Financial Institution dedicated to improving the economic well-being of Native American citizens. The grant supports Native360’s mission to provide accessible financial resources to Native communities across Nebraska.
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In 2024, the Clark County School District issued $200 million in municipal bonds, underwritten by JPMorganChase, to obtain, construct, renovate, and equip school facilities.
In 2024, Clark County issued $150.9 million in municipal bonds, partially underwritten by Bank of America and Wells Fargo. The bonds finance extensions, replacements, and repairs to the county’s airport system.
In 2023, Clark County issued $43.7 million in municipal bonds, underwritten by Morgan Stanley, to upgrade and equip a fire station and fire training center.
In 2023, Clark County issued $200 million in municipal bonds, underwritten by JPMorganChase. The bonds support the Regional Transportation Commission of Southern Nevada in financing construction for major streets and highways.
In 2023, the Nye County School District issued $25.6 million in municipal bonds, underwritten by BNY, to fund the acquisition, construction, improvement, and equipping of school facilities.
With support from Bank of America, the College of Southern Nevada helps young adults overcome obstacles to enter the workforce. The College of Southern Nevada’s workforce and education programs provide students with English language coaching, high-school equivalency classes and training for certifications for in-demand professions. Read More
In 2023, Wells Fargo awarded $600,000 to ROC USA, a Concord-based non-profit organization dedicated to bringing resident ownership to manufactured home communities. This award helps fund innovation in market development and the expansion of resident ownership across the nation. Read More
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines (FHLB Des Moines) in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. Prospera, a leading business and community development organization in Bozeman, received $60,000 from the Member Impact Fund. “Funding from Wells Fargo and FHLB Des Moines allows Prospera to continue and expand our work in rural communities, helping entrepreneurs, businesses, and communities,” said Paul Reichert, Executive Director of Prospera. Read More
In 2023, the Board of Regents of Higher Education for the State of Montana issued $14.4 million in municipal bonds, underwritten by Wells Fargo, to finance previous bonds that funded renovations to the student union building, the health and physical education complex, and construction of the Black Box Theater at Montana State University’s Bozeman campus.
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. The United Way of Missoula County, a community-based organization, received $80,000 from the Member Impact Fund to support individuals facing housing instability. “We are very grateful that Wells Fargo sees the opportunity of our work and has chosen to make continued investment in helping our neighbors when they need it most right here in Missoula,” said Susan Hay Patrick, the CEO of the United Way of Missoula County. Read More
Wells Fargo partnered with the Federal Home Loan Bank of Des Moines in support of its Member Impact Fund, a grant program that provides funding to strengthen communities in targeted areas. Habitat for Humanity in East Helena, a non-profit organization dedicated to building affordable and safe housing units, received a $100,000 grant to help them further their housing development. Read More
In 2024, Wells Fargo granted a total of $6.4 million to 33 nonprofits through its Invest Native Initiative to strengthen housing access and affordability, small business growth, financial health, and sustainability in Native American communities. One of the recipients includes the Native American Development Corporation, a non-profit organization that provides training and one-on-one technical assistance to Native entrepreneurs. Read More
In 2024, Wells Fargo granted a total of $6.4 million to 33 nonprofits through its Invest Native Initiative to strengthen housing access and affordability, small business growth, financial health, and sustainability in Native American communities. One of the recipients includes the Plenty Doors Community Development Corporation, an organization dedicated to improving the Apsáalooke community. Read More
Goldman Sachs partnered with State Fair Community College in Sedalia, Missouri, to launch a small business education program to educate small business owners on how to improve and expand their businesses. The partnership is part of the firm’s $100 million dollar investment for rural small businesses. Read More
In 2023, Bank of America became an Official Community Partner with the professional women’s soccer team, Kansas City Current. This partnership played a critical role in the renovation of a STEM Lab at East High School, the biggest high school in Kansas City. The STEM Lab project provided laptops and equipment storage, in addition to other renovations. “Both the KC Current and Bank of America share a mission to lead our respective industries when it comes to innovation and achievement. Even more importantly, we share a commitment to giving back to the community and taking action to support local leaders and organizations,” said Kansas City Current co-owner Chris Long. Read More
Since its founding more than 100 years ago, Ranken Technical College has trained students for successful careers in technical fields. Ranken partnered with St. Louis public schools to offer a Dual Enrollment Program to support low- and middle-income high school seniors enroll in Ranken classes for free. In 2024, Bank of America provided funding to Ranken’s program to expand from St. Louis to nearby Lincoln County and eventually into other communities in Missouri and Illinois.
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In 2023, Goldman Sachs committed $20 million to Hope Enterprise Corporation, a Jackson-based Community Development Financial Institution. This investment supported small business owners that faced challenges accessing capital from traditional financial institutions and fostered job creation across the region. Read More
JPMorganChase announced $20 million in new philanthropic funding to organizations across the country working to expand homeownership for underserved communities. Build Wealth MN, a Minneapolis-based recipient, received $3 million and will expand access to homebuyer education, affordable mortgage and downpayment assistance, and a matched savings account for Black homeowners.Read More
Since 1977, Wells Fargo has been a leading partner of BestPrep, a Brooklyn Park-based organization that provides education programs to young students. Support from Wells Fargo helps expand BestPrep’s financial literacy programs to underrepresented students. Read More
Goldman Sachs partnered with St. Cloud Technical and Community College to bring its 10,000 Small Businesses program to the region and help small businesses grow. The first class of 32 cohorts included Donella Westphal, owner of Jules’ Bistro. “The energy is just really incredible, and I just feel so lucky to have been selected and to meet such amazing entrepreneurs from across the state. We’re all really excited to be part of this, and we’re already learning from each other,” Donella said. Read More
State Street partnered with Sunrise Banks, a St. Paul-based Community Development Financial Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “With this mission-based deposit through State Street, we will be able to invest in more projects and initiatives designed to empower financial wellness, foster inclusivity, and support economic growth,” said David Reiling, president and CEO of Sunrise Banks.Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Detroit. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
As Detroit’s tech sector takes off, NPower Michigan provides IT training for young adults from underserved communities. Bank of America provided a grant to expand NPower Michigan’s Tech Fundamentals program, an education and job placement program for young people and military veterans that provides the skills and career pathways to advance in the tech sector.Read More
With partners like Detroit at Work, a non-profit organization that provides employment services, JPMorganChase is helping create employment opportunities that match the needs of the community. The firm’s $200 million investment in Detroit has allowed jobseekers to participate in training programs aligned with high demand industries, and resulted in nearly 72,000 Detroiters placed in apprenticeships, full- or part-time jobs. In 2023, Detroit’s unemployment rate fell under seven percent, its lowest since 2000. Read More
In 2023, the School District of the City of Pontiac issued $24 million in municipal bonds, partially underwritten by Wells Fargo, to support various projects to improve facilities and outdoor spaces. Projects include remodeling, re-equipping and refurnishing school buildings, classrooms, security entrances, traffic controls, playgrounds and athletic fields, and installing instructional technology and equipment.
In 2023, the Bloomfield Hills School District issued $76 million in municipal bonds, partially underwritten by JPMorganChase, to fund renovation projects for school buildings, school amenities, and district facilities. The renovations involve constructing and equipping multi-purpose gymnasium and cafeteria rooms, secure entryways, playgrounds and athletic fields, and an aquatic center. Projects also include installing educational technology and equipment, building a new transportation warehouse facility, and purchasing school buses.
In 2023, the Macomb Intermediate School District issued $92.3 million in municipal bonds, partially underwritten by JPMorganChase, to finance the acquisition, remodeling, and re-equipping of special education buildings, facilities, and school buses.
In 2023, the South Lyon Community School District issued $43.7 million in municipal bonds, partially underwritten by JPMorganChase, for projects to construct, remodel, and refurnish school buildings, playgrounds, and parking lots. The projects are environmentally focused, with renovations designed for energy-efficient lighting, roofing, HVAC, and re-equipped classroom technology and student devices.
In 2023, the Troy School District issued $171.3 million in municipal bonds, partially underwritten by JPMorganChase, to remodel and equip school buildings, athletic fields, playgrounds, and a replacement middle school. The bonds are also going toward installing technology in classrooms and purchasing school buses.
In 2023, the West Bloomfield School District issued $70 million in municipal bonds, underwritten by Bank of America, to construct and outfit two new elementary schools, purchase school buses, install instructional technology, and remodel and refurnish other elementary and high school buildings, athletic fields, and playgrounds.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Boston and Northern Massachusetts. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
The Bank of America Boston Marathon Official Charity Program raised $45.7 million, contributing to the marathon’s record total of $71.9 million in charitable funds raised in 2024. The funds went toward nearly 160 non-profit organizations in the Greater Boston community.Read More
Bank of America provided funding to Inquilinos Boricuas en Acción (IBA), a Boston-based nonprofit, which offers residents the chance to reach their financial goals, increase their credit and build assets. “The ability of IBA to deliver on its mission would not have been possible without the generosity, partnership and investment of Bank of America,” said IBA Chief Executive Officer Vanessa Calderón-Rosado.Read More
State Street employees volunteered at the Pine Street Inn, a nonprofit supporting homeless individuals in Greater Boston, and prepared nearly 4,000 meals.Read More
The Bank of America Sports with Us Clinic partnered with the Boston Athletic Association, the Patriots, and other local sports organizations to provide young athletes with a unique experience combining sports training and financial education. The event encouraged healthier lifestyles while helping participants build essential life skills like physical wellness, resilience, and money management. Read More
In 2024, the City of Holyoke issued $9.3 million in municipal bonds, underwritten by BNY. The bonds finance a variety of local utility renovations, including sidewalk and road improvements, new traffic signals, and water main replacement.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, one of which includes the construction of a new clubhouse at the Veterans Memorial Golf Course.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, one of which involves constructing a new clubhouse at the Franconia Golf Course.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, including the construction of a grandstand at the Walker Building.
In 2024, the City of Springfield issued $3.8 million in municipal bonds, underwritten by BNY, to finance a variety of public projects, including renovations to the Cyr Skating Arena.p>
In 2024, the Town of Southbridge issued $6 million in municipal bonds, underwritten by BNY, to finance a fire station, road paving, and West Main Street sewer and water improvements.p>
State Street partnered with Leader Bank, an Arlington-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “We are honored to be partnering with State Street Bank and appreciate its ongoing commitment to supporting our broader mission to offer our clients creative financial products and customized solutions that allow them to achieve financial prosperity for themselves, their families, and their businesses,” said Sushil K. Tuli, chairman and chief executive officer of Leader Bank. Read More
Morgan Stanley celebrated the graduates of its second-annual STEM Robotics Program in Baltimore. Middle school students from The Crossroads School presented the robots they built during the 12-week program, powered by code they wrote with mentorship from the firm’s employees. The graduates received their own Circuit Playground processor to continue their journey in programming.
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As part of JPMorganChase’s commitment to support economic and community development in Baltimore, the firm granted a total of $1.25 million to community-based organizations that support small businesses. One grant recipient, Harbor Bank of Maryland, is a Community Development Financial Institution that provides capital solutions, technical assistance to small businesses and startups, and financial literacy.
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JPMorganChase committed $1 million to the Baltimore Civic Fund to support its “Vacancy to Vibrancy” program, an initiative that empowers social entrepreneurs to successfully secure and transition to commercial spaces in Downtown Baltimore and West Baltimore.
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JPMorganChase is growing its Maryland-area Virtual Call Center, creating 40 jobs to support career opportunities for military spouses and deepening its 130-year presence in Greater Baltimore.
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Through JPMorganChase’s virtual call center in Baltimore, Salleia Johnson found a pathway to a brighter future for herself, her family, and her community. The firm partnered with the Baltimore City Mayor’s Office of Employment Development to connect jobseekers with full time, home based roles, creating meaningful employment opportunities across the city. “For me, it’s about not accepting the bare minimum,” Johnson said. “It’s amazing to have these opportunities to grow my career right here in Baltimore.”
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JPMorganChase is helping expand access to meaningful careers in Baltimore with a $2 million philanthropic investment. The funding supports the Maryland Philanthropy Network’s initiative to create and grow career pathways for residents, opening doors to greater economic opportunities across the city.
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In 2023, The Bank of America Charitable Foundation provided a $20,000 grant to The Light House in Annapolis. The grant supports The Light House’s homelessness prevention and support services as the organization continues to serve an increased number of individuals and families in its community. Read More
Each year at Portland Adult Education (PAE), more than 2,000 immigrants take advantage of workforce training, English as a second language, high school equivalency credentials and college prep. Bank of America purchased Chromebooks for PAE’s students and provided funding to enhance its workforce training and career services. “I can’t emphasize enough how invaluable private sector support like Bank of America’s is to our work,” PAE Executive Director Abbie Yamamoto says.Read More
The family-owned marine transportation operator, Canal Barge Company, is an integral partner in the New Orleans business base. President and CEO of Canal Barge Company, Merritt Lane III, recognized Chase bank as a valuable part of the company’s business and industry. “The bank, and its predecessors, has been our agent since the 1950s, collaborating and brainstorming with us. We have a relationship built on trust, local and mariner knowledge, and community,” Lane says. Read More
Bank of America will open five financial centers in New Orleans in 2025, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. By expanding its retail footprint in the area, Bank of America is building on the $62 million in loans to small businesses and $1 billion to commercial business clients in the New Orleans/Baton Rouge area. Since 2018, the firm has invested nearly $550,000 in New Orleans/Baton Rouge through grants to local nonprofits, employee matching gifts and scholarship programs.Read More
State Street partnered with Liberty Bank, a New Orleans-Based Community Development Financial Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “This partnership will help address community inequities and advance our financial inclusion and economic empowerment mission at Liberty Bank,” said Todd McDonald, president of Liberty Bank and Trust Company. Read More
In 2023, Wells Fargo donated $10,000 to Outstanding Mature Girlz, a nonprofit organization committed to mentoring and teaching life skills to girls, as well as promoting community service in the Baton Rouge area. Read More
In 2023, the Garrard County School District Finance corporation issued $31.9 million in municipal bonds, underwritten by Wells Fargo, to finance Phase III of construction of Garrard County High School.
Bank of America invested $30,000 in Workforce Alliance of South-Central Kansas’ Youth Employment Project. This grant assists young professionals in finding their first job or work experience opportunity. Since 2017, the bank has provided $340,000 in grants to Workforce Alliance of South-Central Kansas to ensure that Wichita youth are work-force ready. Read More
In 2023, Bank of America awarded a $5 million grant to the construction of the Emporia State University Nursing and Student Wellness Building. The funding helps expand opportunities for future students interested in pursuing nursing and it also supports the needs of many communities in Kansas where there are shortages of nursing personnel. Read More
Wells Fargo granted $92,000 to the Cedar Rapids-based Junior Achievement of Eastern Iowa in support of its local youth financial literacy programs. The grant supports hands-on learning programs that teach students foundational money management skills. Read More
In 2024, the College Community School District issued $40 million in municipal bonds, underwritten by Wells Fargo, to finance facility renovations at the district’s 500-acre conglomerate campus. A swimming pool and wellness center will be built at Prairie High School, along with a new concession stand and ticket booth for the school’s football stadium. Improvements at the 9th Grade Center will include general remodels and repairs, expanded wrestling practice rooms, and conversion of extra gym space into an indoor batting facility.
In 2024, the Des Moines Metropolitan Wastewater Reclamation Authority issued over $25 million in municipal bonds, underwritten by BNY. The bonds fund improvements to the wastewater system’s site access, facility security, boilers and heat loops, switchgears and transformers, and flow monitoring technology.
In 2024, Polk County issued $112.2 million in municipal bonds, underwritten by JPMorganChase and Wells Fargo, to fund various improvements at Des Moines International Airport. New construction will include a main terminal, six airline gates, and a car rental facility. Projects will also involve extending and remodeling the passenger check-in area, TSA security area, baggage handling system, and terminal roadways.
In 2023, the University of Iowa Facilities Corporation issued $28.7 million in municipal bonds, underwritten by Morgan Stanley. The bonds go toward constructing and equipping a new, 230,000-square-foot academic building that will serve the departments of Communication Sciences and Disorders, Health and Human Physiology, and Physical Therapy and Rehabilitation Sciences.
As part of Bank of America’s $1.25 billion, five-year commitment to advance equality and economic opportunity, the bank is supporting the Hawthorne Community Center, an organization that works to lift families by providing workforce skills training to parents and academic assistance to children in Indianapolis. Through its 2Gen initiative, the program provides early childhood education, job training, economic assistance, and a monthly food pantry for families struggling to cover basic living expenses. Read More
In 2023, Bank of America awarded a $200,000 grant to the Community Alliance of the Far East Side (CAFE), an Indianapolis-based community development organization. The grant helped revitalize CAFE’s after-school program that was inactive for 10 years. In addition, the funding supports CAFE’s day-to-day operations, staff salaries and additional events and programming for the kids they serve. Read More
In 2024, Wells Fargo partnered with Habitat for Humanity of Greater Fort Wayne to install exterior wall coverings on homes in the community. Read More
JPMorganChase announced its renovation plans for Chase Tower in Chicago. The project creates 970 local construction jobs – generating additional economic activity of $264 million for Cook County. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Chicago. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt.
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The Wells Fargo Foundation provided a $500,000 grant to Neighborhood Housing Services of Chicago, Inc. (NHS) in support of its Chicago flats initiative. The goals of the initiative are to preserve and rehab two- and four-unit flats, maintain rental affordability, and help homeowners build wealth. The grant will help NHS connect homeowners and renters to available mortgage and rental assistance programs. Read More
In 2023, JPMorganChase helped local developer, Carlos Nelson, build a health and community center in Auburn Gresham. The Auburn Gresham Healthy Lifestyle Hub (HLH) houses medical facilities, restaurants, pharmacies, and provides a space for community members to convene. Through the New Markets Tax Credit initiative, JPMorganChase supported the $18 million project by providing a $14.5 million equity investment. Read More
In 2023, JPMorganChase announced a $7.2 million philanthropic commitment to The Resurrection Project (TRP), an organization focused on transforming abandoned lots into affordable housing and hosting workshops on how to build credit and buy property. This commitment helps TRP with building or preserving more than 150 affordable housing residences throughout the Chicago area over the next three years. The funding also supports financial education programs and provides lending solutions for both first-time homebuyers and long-term homeowners. Read More
JPMorganChase committed $650,000 to HIRE360, a Chicago-based organization that works across unions, apprenticeship schools, and construction industry firms to align job opportunities with eligible workers. The funding supports HIRE360’s job training center in the city’s South Loop, connecting women, veterans and underrepresented groups to good-paying careers in over 30 skilled trades. Read More
Wells Fargo launched its Open for Business Growth program, a $20 million initiative designed to support small business owners, beginning with its first rollout in Chicago. Read More
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank plans to open four financial centers in Boise in 2024. Read More
Wells Fargo sponsored the Avenues for Hope Challenge by the Home Partnership Foundation in Idaho, supporting organizations that provide housing and services to those in need. In 2024, Wells Fargo contributed $375,000 in matching funds, helping raise a total of $501,000 for 20 nonprofits. Read More
JPMorganChase provided a $6.4 million New Markets Tax Credit investment to build Desert Sage Health Centers’ new facility in Mountain Home. The center provides one-stop primary healthcare services for Elmore County’s 28,000 residents, many of whom work in agriculture and hold multiple jobs. “When we were planning for the new building—it was the spirit everyone had at JPMorganChase that made the difference,” CEO of Desert Sage Health Centers Mary Ferguson said. “You could tell this project is purposeful. It’s not just a transaction.
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Bank of America announced plans to open more than 150 financial centers across 60 markets by the end of 2027. In 2025, the bank will open four new financial centers in Idaho, starting with the first location in Nampa.Read More
Citi provided portfolio financing of $131 million to finance the acquisition and rehab of 995 affordable housing units on three islands. Once renovations are complete the affordability of the five developments will be preserved and the residents will have access to onsite education and counseling services to help them maintain financial stability. Read More
Citi provided $75.25 million to finance the construction of three phases of Summer Town Estates, the first affordable housing community for seniors built in Guam in over 30 years and the first private affordable senior housing community in Guam ever. Totaling 399 units, the homes will be reserved for families and seniors earning no more than 60% of the area median income. The development also helps meet the demand for housing for people with special needs, with 20% of the homes set aside for residents with vision, hearing, and mobility impairments.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Atlanta. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
State Street partnered with Citizens Trust Bank, an Atlanta-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. \”In a rapidly changing and interconnected world, forming and nurturing partnerships is crucial. We appreciate State Street Bank’s partnership with Citizens Trust Bank in providing financial access to all communities,” said Cynthia N. Day, President and CEO of Citizens Trust Bank. Read More
JPMorgan Chase awarded a $2 million grant to the Atlanta Neighborhood Development Partnership to support its initiative to transform investor-owned properties into affordable housing. The program aims to provide low- to moderate-income neighborhoods with access to affordable rental and homeownership opportunities. Read More
JPMorganChase granted $500,000 to the Westside Future Fund to support its initiative to revitalize Atlanta’s historic Westside. Read More
State Street partnered with Carver State Bank, a Savannah-based Minority Depository Institution, as part of the firm’s $100 million program to provide low-cost, stable deposit funding to Minority Depository Institutions and Community Development Financial Institutions. “State Street Bank’s deposit commitment will have a meaningful long-term impact in the underserved communities where our bank does business,” said Robert E. James, II, President and CEO of Carver State Bank. Read More
Wells Fargo, in partnership with the Military Warriors Support Foundation and Mungo Homes, has honored a combat-wounded veteran by providing a brand-new, mortgage-free home in Ludowici. This initiative is part of Wells Fargo’s ongoing commitment to supporting veterans and their families. Read More
The Wells Fargo Military Home Donation Program provided a mortgage-free condo to the widow of a U.S. Army sergeant who lost his life in action. Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Miami. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt.Read More
In 2023, Citi collaborated with International Finance Bank (IFB), a Miami-based Minority Depository Institution. Through Citi Community Capital, Citi worked with IFB on affordable housing deals, leading to greater economic opportunity for low-income communities.Read More
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Branches, a Miami-Dade County-based recipient, will receive $1 million over three years to advance its financial wellness services and academic programs to low-income students and families.Read More
In 2023, Bank of America granted $1 million to Miami Dade College in support of its workforce development initiative, which supplements training with mentorship, networking and internship opportunities. “Miami Dade College gratefully joins hands with Bank of America to provide equitable opportunities for students to attain skills and degrees, with the ultimate goal of preparing them for in-demand jobs,” said Dr. Malou Harrison, provost at Miami Dade College. Read More
In 2024, Wells Fargo partnered with the Miami-Dade County’s Office of Innovation and Economic Development to launch the Strive305 Hub, an all-in-one resource platform designed to help small business owners connect with essential resources, community partners, and growth opportunities.Read More
With support from the Wells Fargo Foundation, the Business and Leadership Institute for Early Learning is empowering childcare providers in underserved Miami communities—like the Carter Academy—with the tools and training to build strong, sustainable businesses. Read More
In 2023, Wells Fargo donated $500,000 to Volunteer Florida’s Florida Disaster Fund to aid in the aftermath of Hurricane Idalia and the emergency response, including shelter, supply, and services for those displaced. “We are grateful for Volunteer Florida’s leadership in local relief efforts and its ability to offer essential services in the wake of the devastation. Our donation is aimed at expanding its capacity to reach those who need it most,” said Wells Fargo CEO Charles Scharf. Read More
In 2024, the Collier County Industrial Development Authority issued $200 million in municipal bonds, partially underwritten by JPMorganChase, to finance the design, construction and equipping of medical facilities at several locations of the NCH Healthcare System. These specialized facilities include a 200,000-square-foot cardiac and vascular center and a three-story orthopedic care and surgery center.
In 2023, the City of Fort Myers issued $139 million in municipal bonds, partially underwritten by Bank of America. The bonds support improvements to the city’s utility system, which includes facilities for wastewater, irrigation, reclaimed water, and sewage treatment.
Bank of America provided $375,000 in funding over three years to the Future Makers Coalition, an initiative to help Southwest Floridians earn the high-quality credentials needed to enter the workforce. The funding supports the coalition’s programs that provide reskilling, training, and career development resources.Read More
In 2023, Manatee County issued over $190 million in municipal bonds, partially underwritten by Bank of America, JPMorganChase and Wells Fargo. The bonds support improvements, extensions, and additions to the county’s utilities system.
In 2023, Manatee County issued $175 million in municipal bonds, partially underwritten by Bank of America and Wells Fargo. The bonds finance projects to improve the county’s transportation, parks and recreation, and fleet and warehouse facilities.
Funding from Bank of America supports St. Petersburg College’s program to increase economic mobility in the Tampa Bay region. The program places students from across the region into employment opportunities targeting information technology, business, finance, and professional services industry sectors. Read More
Bank of America provided funding to Project LIFT, a Palm City-based mental health and vocational program for teenagers and young adults. The funding supports Project LIFT’s summer programs, which include paid apprenticeships and counseling. “With the support of corporate partners like Bank of America, we are not only able to fund this innovative approach to building a talented workforce, but we are also able to dream big,” said Robert Zaccheo, chief executive officer of Project LIFT. Read More
In 2024, Wells Fargo awarded a $300,000 grant to Space Coast Habitat for Humanity and Macedonia CDC to support the construction, appliances, and furnishings for two affordable housing units.Read More
In 2024, JPMorganChase awarded a $500,000 grant to CareerSource Central Florida to strengthen Osceola County’s semiconductor industry. The funding also supports the organization’s goal of training 100 individuals by the end of 2026. “CareerSource Central Florida is honored to receive this grant from JPMorganChase to support the advancement of workforce development for the semiconductor industry,” said Pamela Nabors, President and CEO of CareerSource Central Florida.Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Washington, D.C. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt.Read More
In 2023, JPMorganChase invested $10 million in New Markets Tax Credits to support the Whitman-Walker Clinic in Washington, D.C. This funding helped build the Max Robinson Center, which includes clinical trials, research studies, dental suites, a community pharmacy, and mental health care.Read More
In 2023, the Delaware State Housing Authority issued over $43.3 million in municipal bonds, partially underwritten by JPMorganChase, to fund the purchase and renovation of Luther Towers into low- and moderate-income multifamily housing. Improvements to the rental units include fresh paint, replaced flooring, energy-efficient lighting, and updated appliances. Communal amenities, like the laundry room, fitness center, computer lab, and health and wellness center, are also being renovated.
In 2024, the Delaware River and Bay Authority issued $155.8 million in municipal bonds, partially underwritten by JPMorganChase, to finance maintenance and upgrades to the Delaware Memorial Bridge. Improvements will include ship collision protection, deck replacement, and steelwork repairs.
In 2024, the Delaware River and Bay Authority issued $155.8 million in municipal bonds, partially underwritten by JPMorganChase, to finance improvements to the Cape May-Lewes Ferry. The project involves installing centralized corridors for the Cape May and Lewes terminals, rehabilitating the Cape May approach roads, and repairing vessels.
In 2024, the State of Delaware issued $290 million in municipal bonds, underwritten by Morgan Stanley, to support various obligations of the state, including public education, social services, the correctional system, and road and highway maintenance.
In 2024, Wells Fargo employees partnered with the Food Bank of Delaware to weed the field plot and plant peppers on their Newark farm. Most of the produce is distributed through the Food Bank’s Healthy Pantry Center for those seeking food assistance.Read More
Bank of America granted $100,000 to Goodwin University to support its Connecticut Manufacturing Workforce Development Initiative. The initiative provides 1,600 workers in East Hartford with education, training, and apprenticeships over four years, helping them advance from entry-level jobs, forge a better career path and earn higher income. “It’s so important for public and private sector partners like this to get together to develop the next generation of workers,” said Dr. Cliff Thermer, dean of Goodwin’s School of Business, Technology, and Advanced Manufacturing. “We’re grateful to Bank of America for sharing our vision.Read More
In 2023, Wells Fargo provided a $125,000 grant to the Stamford-based Women’s Business Development Council in support of its Launch Pad Grant Program. The program helps women entrepreneurs launch businesses with $2,500 grants for start-up costs.Read More
Wells Fargo partnered with the Junior Achievement of Greater Fairfield County (JAGFC) to help increase financial education and programming for underserved youth. Support from Wells Fargo helped JAGFC expand its financial literacy training and programs for students across the greater Fairfield County area.Read More
Bank of America partnered with Ready to Work, a Denver-based nonprofit organization dedicated to finding steady, dependable work for the unhoused. This partnership supports the nonprofit’s holistic program that combines paid work, dormitory housing and case management support.Read More
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Los Angeles. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. [Read More](https://newsroom.bankofamerica.com/content/newsroom/press-releases/2022/12/bofa-to-offer-free-financial-counseling-in-17-u-s–markets-throu.html)
Wells Fargo partnered with Operation HOPE to expand access to financial education workshops and one-on-one coaching for small business owners in Baldwin Hills. “Strategic partnerships are the backbone of community transformation and Wells Fargo has been with us since the beginning. We are deeply grateful for their commitment to increasing economic inclusion by expanding our HOPE Inside for Small Business footprint,” said John Hope Bryant, founder, Chairman and CEO, Operation HOPE. [Read More](https://www.businesswire.com/news/home/20250508538267/en/Wells-Fargo-and-Operation-HOPE-Introduce-Free-Financial-Coaching-to-Small-Businesses)
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including San Francisco. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. [Read More](https://newsroom.bankofamerica.com/content/newsroom/press-releases/2022/12/bofa-to-offer-free-financial-counseling-in-17-u-s–markets-throu.html)
JPMorganChase’s Community Development Banking provided $89.8 million in construction loans and $55.7 million in Low-Income Housing Tax Credit investments to develop 47 affordable housing units in Casa Sueños, a 181-unit affordable housing community. [Read More](https://www.jpmorgan.com/insights/real-estate/community-development-banking/transforming-oaklands-fruitvale-village)
Citi provided a $29.44 million construction loan and a $7.15 million permanent loan for Casa Paloma, a 71-unit affordable housing apartment complex in Orange County. Additionally, 48 of the units are reserved as permanent supportive housing for formerly homeless tenants. [Read More](https://www.citibank.com/icg/sa/citicommunitycapital/)
The Citi Foundation announced its latest cohort of Community Progress Makers, an initiative that expands the impact of community organizations through unrestricted, trust-based funding. Neighborhood Partnership Housing Services, a Rancho Cucamonga-based recipient, will receive $1 million over three years to advance its innovative affordable housing and financial solutions to underserved families and communities. [Read More](https://www.citigroup.com/global/foundation/news/press-release/2024/citi-foundation-announces-latest-cohort-of-community-progress-makers-granting-a-collective-50-million-to-nonprofits-working-locally-to-increase-economic-opportunity?linkId=429651381)
Wells Fargo donated $1 million to the United Ways of California to advance financial empowerment and community resiliency programs across 12 regional United Ways, serving more than 30 counties statewide. This grant supports initiatives that help low-income Californians build wealth through locally tailored projects designed to meet the unique needs of each community. [Read More](https://uwba.org/blog/california-united-ways-receives-1-million-from-wells-fargo-to-accelerate-financial-empowerment/)
Bank of America partnered with Youth on Course to make golf more affordable for young players nationwide. “This relationship immediately grows our footprint and will allow us to invest in new communities across the country, ultimately serving more youth both on and off the course,” said Youth on Course CEO Adam Heieck. [Read More](https://newsroom.bankofamerica.com//content/newsroom/press-releases/2025/02/bofa-and-youth-on-course-partner-to-expand-access-to-the-sport-f.html)
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in La Canada, to offer dedicated disaster recovery support. [Read More](https://www.businesswire.com/news/home/20250305039534/en/Wells-Fargo-Joins-Operation-HOPE%E2%80%99s-Project-Restore-HOPE-Los-Angeles-Initiative-to-Provide-Financial-Relief-Recovery-Services-for-Residents-Businesses-Impacted-by-LA-Wildfires)
JobTrain gives people from low-income communities across Silicon Valley the education, skills, and real-world experience needed to create long successful careers. Funding from Bank of America helped expand JobTrain’s career training programs and job placement services. [Read More](https://about.bankofamerica.com/en/making-an-impact/jobtrain)
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in Hastings Ranch, to offer dedicated disaster recovery support. [Read More](https://www.businesswire.com/news/home/20250305039534/en/Wells-Fargo-Joins-Operation-HOPE%E2%80%99s-Project-Restore-HOPE-Los-Angeles-Initiative-to-Provide-Financial-Relief-Recovery-Services-for-Residents-Businesses-Impacted-by-LA-Wildfires)
Wells Fargo partnered with Operation HOPE to provide financial relief and recovery services to residents and small businesses affected by the Los Angeles area wildfires. As part of the effort, the firm launched Project Restore HOPE pop up branches, including one in Montrose, to offer dedicated disaster recovery support. [Read More](https://www.businesswire.com/news/home/20250305039534/en/Wells-Fargo-Joins-Operation-HOPE%E2%80%99s-Project-Restore-HOPE-Los-Angeles-Initiative-to-Provide-Financial-Relief-Recovery-Services-for-Residents-Businesses-Impacted-by-LA-Wildfires)
In 2024, Wells Fargo helped finance the Mitchell Park Place project, a mixed-use development that provides office space for public social services and 50 high-quality affordable housing units for lower-income households, including special needs housing for individuals with developmental disabilities. [Read More](https://edenhousing.org/eden-updates/eden-housing-in-partnership-with-santa-clara-county-city-of-palo-alto-and-abilitypath-breaks-ground-on-mitchell-park-place/)
In 2023, Morgan Stanley financed the acquisition and renovation of Terra Linda-Northview, a family housing property in San Rafael, as part of the firm’s affordable housing preservation initiatives. This renovation is a naturally occurring affordable housing property with rents priced at affordable rates to tenants earning less than 70% of the area’s median income. [Read More](https://www.morganstanley.com/content/dam/msdotcom/en/assets/pdfs/Morgan_Stanley_2023_Social_Bond_Impact_Report.pdf)
In 2022, Wells Fargo granted $10,000 to the Brandon Burlsworth Foundation, a Harrison-based non-profit organization dedicated to providing opportunities for underprivileged children. The funding helps the foundation continue its mission of supporting children across Arkansas.Read More
Bank of America provided a grant to Our House, a Little Rock-based non-profit organization dedicated to helping residents of central Arkansas who have lost their homes – or who are at risk of doing so – succeed at work. The grant enhances Our House’s job services and expands its virtual resources and career-reentry training program. “Support from our community, particularly private sector support from partners like Bank of America, is the lifeblood of what we do,” Executive Director Ben Goodwin said. Read More
In 2023, the Board of Trustees of the University of Arkansas issued over $13.7 million in municipal bonds, partially underwritten by JPMorganChase, to finance energy conservation improvements across the university’s Little Rock campus. Improvement projects include construction of a new self-generation energy plant, upgrading the electrical distribution system, installing refitted interior lighting, and updating HVAC systems.
In 2024, the Arkansas Natural Resources Commission issued $17 million in municipal bonds, underwritten by Wells Fargo, to develop waste disposal, water pollution control, wetlands resources, and drainage and irrigation projects.
In 2023, the Arkansas Development Finance Authority issued $240 million in municipal bonds, partially underwritten by Bank of America, Wells Fargo, Citi, Goldman Sachs, JPMorganChase, and Morgan Stanley. The bonds finance the construction, development, and installation of two electric arc furnaces and other upgraded equipment at a United States Steel Corporation solid waste disposal facility. Proceeds of the bonds also support the construction of U.S. Steel’s Big River Steel facility, which has been designed to refine and process scrap steel in a sustainable way to reduce greenhouse gas emissions.
In 2023, the Hot Springs School District issued $25.6 million in municipal bonds, underwritten by Bank of America, to refurbish school buildings and build a new high school.
Bank of America is partnering with Operation HOPE and announced they will offer free financial counseling in 180 financial centers in 17 U.S. markets in 2023, including Phoenix. This Operation HOPE program, known as Hope Inside, offers in-person financial health coaching sessions to help individuals build savings, improve FICO (credit) scores, and decrease debt. Read More
In 2023, Citi collaborated with YWCA Southern Arizona, a non-profit dedicated to economic security for women and families in Southern Arizona through small business, career advancement, leadership, wellness and other programs. Citi’s Tucson employees donated over 150 articles of clothing and accessories to Your Sister’s Closet, a YWCA program that provides professional/business casual clothing for unemployed and unhoused women. Read More
In 2023, Bank of America granted $1 million to support Pima Community College’s PimaFastTrack, a program that helps students receive the skills needed to successfully enter and grow into the workforce. The program focuses on students who were disproportionately affected by the pandemic-led economic downturn. Read More
Bank of America announced it will expand its financial center network into nine new markets by 2026, bringing banking, investing, retirement, lending and small business services and solutions to more clients and communities. The bank will open its first financial center in Birmingham in 2024, with plans to open five by the end of 2026. Read More
In 2023, The Wells Fargo Foundation and Enterprise Community Partners awarded $3 million to BuildUp, a Birmingham-based community school that offers paid internships and industry-aligned coursework to low-income high school students. The three-year grant helps BuildUp expand to new sites in Alabama and expand its house donation/relocation program. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including the Birmingham Business Resource Center, will participate in the effort. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A cohort of Birmingham-based lenders, including Bronze Valley, will participate in the effort. Read More
In 2023, Wells Fargo sponsored the Alabama Legal Food Frenzy, a statewide competition among law firms and legal organizations to support Alabama’s regional food banks. Wells Fargo donated $20,000, which helped provide nearly 350,000 meals to food insecure people in the state. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Mobile-based lender, Commonwealth National Bank, will participate in the effort. Read More
JPMorganChase has committed $2 million to launch the Alabama Capital Access Collaborative, a statewide initiative to help small businesses thrive. The program improves access to capital, supports entrepreneurs in running their businesses more efficiently, and provides technical assistance to local capital providers. A Huntsville-based lender, Neighborhood Concepts, will participate in the effort. Read More
