Habitat for Humanity International and Bank of America Launch Global Build
September 22 2014 - 10:30AM
Business Wire
Over One Week and Seven Time Zones, Bank
Employees Will Revitalize Neighborhoods in the U.S., U.K., China,
Thailand and Indonesia
In partnership with Habitat for Humanity, Bank of America today
launched their first global multi-city build in 36 communities
around the world. The builds focus on helping low-income families
create opportunities to experience the stability and security that
homeownership brings. The global build is part of a new $6 million
investment from the Bank of America Charitable Foundation to local
Habitat affiliates around the world and aligns with the company’s
commitment to community revitalization. Bank of America has
supported Habitat’s work for more than 25 years, with today’s
announcement extending their commitment for another three
years.
“Our collaboration with Habitat to secure safe, affordable and
sustainable homeownership has a long and meaningful history at Bank
of America,” said Corporate Social Responsibility and Public Policy
executive Andrew Plepler. “We’re very proud of this partnership and
look forward to the impact that our financial and human capital can
continue to have in communities across the world.”
More than 1,000 Bank of America employees in 32 U.S. cities, as
well as London, Hong Kong, Bangkok and Jakarta, will take part in
the volunteer events.
“Owning my own home has always been one of my goals for me and
my daughter. I’ve always felt that you don’t just settle, because
dreams come true if you believe and work hard,” said Brittany
Enoch, the future Charlotte, N.C., homeowner who is working toward
becoming a registered nurse. Similarly, Yuwadee Klongdee, in the
Ayutthaya province of Thailand, commented, “My dream of being a
true homeowner is becoming a reality. I am excited and look forward
to meeting the volunteers that will come to help build my family
home.”
“We are excited to see Bank of America expand their support of
Habitat with this global effort serving families in five countries
around the world," said Jonathan Reckford, CEO of Habitat for
Humanity International. “Habitat is grateful for the commitment of
financial and volunteer resources that help us build a world where
everyone has a decent place to live.”
The global build is just one example of how Bank of America is
promoting community and economic development. Since 2012, the Bank
of America Charitable Foundation has provided nearly $100 million
to assist nonprofits that build and rehab affordable housing, offer
foreclosure prevention services and homeowner counseling, and
provide other critical services intended to revitalize
neighborhoods and help working families find and secure safe,
decent, affordable homes.
As the largest investor in community development financial
institutions (CDFIs), Bank of America invests $1.2 billion in more
than 240 nonprofit community lenders across all 50 U.S. states, the
District of Columbia and Puerto Rico, to provide low-cost capital,
liquidity and technical assistance to those who may not qualify for
traditional loans.
To learn more about Bank of America’s approach to corporate
social responsibility, visit www.bankofamerica.com/about.
Visit the Bank of America newsroom for more Bank of America
news.
www.bankofamerica.com
Reporters May Contact:Nicole Nastacie, Bank of America,
1.980.388.7252nicole.nastacie@bankofamerica.com
Bank of America (NYSE:BAC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Bank of America (NYSE:BAC)
Historical Stock Chart
From Apr 2023 to Apr 2024