Wednesday, April 3, 2019

Bank of America commits $5B to affordable homeownership initiative

Bank of America Corp. pledged $5 billion over the next five years to help customers in low- to moderate-income areas become homeowners. The investment is in response to feedback from clients, says Steve Boland, head of consumer lending at Bank of America. “This isn’t a new focus. We have been a leader in lending to low- and moderate-income and to minority communities for many years,” Boland said. “This $5 billion commitment represents an opportunity to potentially get 20,000 more people on the…



from https://www.bizjournals.com/baltimore/news/2019/04/03/bank-of-america-commits-5b-to-affordable.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/183916426132

No comments:

Post a Comment