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Up Close - Up Close - February 28, 2013
B of A helps provide more than $2.6 billion in housing
Community development work last year to create 11,000 affordable units

Business Wire

Through its lending, tax-credit equity investments, and real estate development programs, Bank of America Merrill Lynch says it last year provided more than $2.6 billion for community development—commitments that it claims will help create nearly 11,000 affordable housing units.

Working with organizations that specialize in affordable housing, Community Development Banking at Bank of America Merrill Lynch provided financial resources for developments in several states. The 201...


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