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Economic Mobility Focused on the Needs of the Community

Grants to USA Nonprofits in Multiple States for Programs
That Address the Needs of Low- and Moderate Income Residents

Agency Type:

Foundation / Corporation

Funding Source:

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Bank of America Charitable Foundation

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Grants to USA nonprofit organizations in multiple states to promote social progress and economic mobility in cities and communities served by the funding source. Funding is intended for programs and activities that strengthen communities by promoting affordable housing, revitalization, the arts, and the environment. The goal of the grant program is to help transform communities in crisis into thriving neighborhoods that fuel economic growth and prosperity for all.

Eligible states include Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Virginia, Washington, DC, and Washington. 

Expanding Access to Housing Opportunities: Bank of America supports the work of organizations as they work to  increase access to a mix of affordable housing options, and connect individuals and families with the tools and resources to achieve their financial goals. Examples include:

  • Housing efforts addressing the needs of vulnerable populations (e.g. low- and moderate- income, homeless, elderly, formerly incarcerated) as they construct or preserve affordable single-, multi-family, transitional and supportive housing
  • Creating pathways to stable housing or homeownership through financial stability efforts such as homebuyer education, budgeting, savings, credit and credit repair, including foreclosure prevention and loss mitigation
  • Sustainable development efforts creating healthy living environments through the pursuit of energy efficiency upgrades, retrofits, solar and other green building efforts

Building Vibrant Communities: Supporting local and regional revitalization efforts taking a holistic approach to building thriving communities, create economic opportunity and livable neighborhoods. This includes support of economic drivers such as arts and cultural institutions that contribute to the overall vitality of the community, Examples include:

  • Economic development efforts that promote small business growth and healthy commercial corridors
  • Revitalization and place based initiatives that engage community stakeholders in the environmental health and economic growth of their communities (e.g. Choice Neighborhoods; Opportunity Zones; transit-oriented development; and connecting individuals to jobs, services, schools, and economic opportunity.)
  • Funding to support neighborhood preservation efforts which strengthen overall community health, safety and welfare.
  • Supporting the construction of vital community facilities (e.g., affordable health and treatment centers) delivering critical services to the community‚Äôs most vulnerable residents
  • Strengthening the resiliency of communities through the initiatives that support local plans to prepare, withstand and recover from extreme weather events and the long-term impacts of climate change
  • Supporting community arts and cultural institutions that provide economic opportunity and contribute to the vitality and livability of communities
  • Supporting community greening efforts that create healthy neighborhoods and environmental sustainability through the preservation, creation or restoration of open space, parks and community gardens

GrantWatch ID#:

GrantWatch ID#: 181432

Estimated Size of Grant:

While there are local variations, as a general guide, grant amounts in larger markets can range from $5,000 to $50,000. Grant amounts in smaller markets can range from $2,500 to $25,000.

Term of Contract:

As a general guideline, the Foundation does not make multi-year grants

Additional Eligibility Criteria:

To be considered for a local grant, your organization:
-Must be tax-exempt under section 501(c)(3) of the Internal Revenue Code and not classified as a private foundation
-Must be based and serve communities in eligible markets
-Should be aligned with the funding priorities of community development, education and workforce development and critical needs.

The following organizations are not eligible for funding:
-Organizations that deny service to a potential client or beneficiary on the basis of race, religion, color, sex, sexual orientation, gender identity, age, national origin, ancestry, citizenship, veteran, or disability status
-Individuals, including those seeking scholarships or fellowship assistance
-Political, labor, fraternal organizations, or civic clubs
-Some secular community service programs such as soup kitchens, shelters for the homeless, and job banks are eligible, even when sponsored by religious groups.
-Individual preK-12 schools (public or private)
-Sports, athletic events, or athletic programs
-Travel-related events, including student trips or tours
-Development or production of books, films, videos, or television programs
-Memorial campaigns

The Foundation does not provide general funding to any organization whose purpose is to promote or to discourage the observance or proselytization of religious beliefs.

Pre-Application Information:

Contact Information:

Before starting your grant application, please review the funding source's website listed below for updates/changes/addendums/conferences/LOIs.

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For technical assistance contact:

URL for Full Text (RFP):

Geographic Focus:

USA: Arizona: Phoenix and Tuscon;   Arkansas;   California: Bakersfield, Fresno/Visalia, Inland Empire, Greater Los Angeles, Monterey Bay, Napa, Marin and Sonoma Counties, Orange County, Greater Sacramento, San Diego, Bay Area, San Luis Obispo, Silicon Valley, Ventura, Santa Barbara;   Colorado: Denvery;   Connecticut: Hartford and the Southern Region;   Delaware;   Florida: Daytona/Cocoa Beach, Ft. Lauderdale, Ft. Myers/Naples, Jacksonville, Miami, Orlando, Sarasota/Manatee, Tallahassee, Tampa Bay, Treasure Coast (Stuart), and West Palm Beach, ;   Georgia: Atlanta, August, and Savannah;   Idaho: Boise;   Illinois: Chicago;   Indiana: Indianapolis;   Iowa;   Kansas: Wichita;   Maine;   Maryland;   Massachusetts: Greater Boston;   Michigan: Detroit and Grand Rapids;   Minnesota: Minneapolis/St. Paul;   Missouri: St. Louis;   Nevada: Las Vegas and Reno;   New Hampshire;   New Jersey;   New Mexico;   New York City;   New York: Albany/Hudson Valley, Buffalo, Long Island, Rochester, and Syracuse/Utica;   North Carolina: Asheville, Charlotte, Coastal, Triad (Greensboro/High Point/Winston-Salem), Triangle (Raleigh/Durham/Chapel Hill);   Ohio;   Oklahoma: Oklahoma City and Tulsa;   Oregon: Portland/Vancouver;   Pennsylvania: Philadelphia and Pittsburgh;   Rhode Island;   South Carolina: Charleston/Hilton Head, Columbia, Upstate, and Myrtle Beach;   Tennessee: Knoxville, Memphis, and Nashville;   Texas: Amarillo, Austin, Dallas/Ft. Worth, El Paso, Houston, and San Antonio;   Utah: Salt Lake City;   Virginia: Charlottesville, Hampton Roads (Virginia Beach/Norfolk), and Richmond, ;   Washington, DC;   Washington: Seattle and Spokane

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