Bank of America’s Community Development Banking provided $7.4 billion in debt and equity financing in 2025, leading to the creation of over 11,000 affordable housing units across 87 developments in 68 cities. Since 2020, the program has delivered a total of $42 billion, supporting over 74,000 housing units. These initiatives include investments in workforce and middle-income housing, as well as developments with integrated healthcare components, addressing diverse housing needs.
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BofA Community Development Banking Delivers $7.4 Billion in Financing, Creating 11,000+ Affordable Housing Units in 2025
Bank of America’s Community Development Banking provided $7.4 billion in debt and equity financing in 2025, leading to the creation of over 11,000 affordable housing units across 87 developments in 68 cities. Since 2020, the program has delivered a total of $42 billion, supporting over 74,000 housing units. These initiatives include investments in workforce and middle-income housing, as well as developments with integrated healthcare components, addressing diverse housing needs.