Bank of America Charitable Foundation – Stable Housing & Empowering Communities Grants (2026)
Funding for Housing Stability, Neighborhood Revitalization, and Community Development
Organization: Bank of America Charitable Foundation
Support Type: Charitable grants
Geographic Focus: United States (priority in Bank of America markets)
About the Funder
Bank of America is one of the largest financial institutions in the United States, guided by its mission to help make financial lives better. Through its Responsible Growth strategy, the bank invests in communities to advance economic mobility and strengthen local economies.
The Bank of America Charitable Foundation supports nonprofit organizations working to address systemic challenges facing communities across the country. Through partnerships with mission-driven nonprofits, the foundation focuses on expanding economic opportunity, strengthening housing stability, and supporting community resilience.
What This Program Supports
The Stable Housing and Empowering Communities grant cycle supports nonprofit programs that help individuals and families achieve stability while strengthening neighborhoods and community systems.
Stable Housing
Programs that ensure access to safe, affordable housing and housing-related services. This may include:
- Creation and preservation of affordable housing
- Long-term rental housing initiatives
- Homeownership pathways and housing counseling
- Supportive housing programs and housing stability services
Empowering Communities
Programs that strengthen neighborhoods and civic life by addressing systemic barriers and fostering local leadership. Examples include:
- Community leadership development initiatives
- Neighborhood revitalization efforts
- Environmental improvement projects
- Arts and culture initiatives that strengthen community identity
- Programs addressing systemic social or economic inequities
Eligible Support Types
Funding may support:
- Programmatic grants to nonprofit organizations
- Community development initiatives
- Housing-related services and stabilization programs
- Community leadership and neighborhood revitalization efforts
Eligibility Requirements
Applicants should:
- Be a 501(c)(3) nonprofit organization or equivalent charitable entity
- Operate programs that align with Bank of America’s community priorities
- Serve communities within Bank of America markets
- Demonstrate measurable outcomes and community impact
Bank of America prioritizes partnerships with organizations that address economic mobility and create long-term community benefits.
Funding Priorities
Bank of America’s community investment strategy focuses on four interconnected priorities:
Basic Needs
Ensuring individuals and families have access to essentials such as food, shelter, and healthcare.
Income Creation
Programs that support workforce development, mentoring, job training, and entrepreneurship.
Stable Housing
Expanding access to affordable housing and housing stability services.
Empowered Communities
Strengthening neighborhoods through leadership development, environmental improvement, arts and culture, and systemic reform initiatives.
Funding Amounts
Bank of America does not publish standard grant amounts. Awards vary depending on the project scope, community impact, and geographic priorities.
Timeline & Review
📅 Application Opens: May 18, 2026
⏰ Application Deadline: June 29, 2026
📅 Grant Cycle: Annual funding cycle for Stable Housing and Empowering Communities initiatives.
Application Process
Organizations whose programs align with Bank of America’s funding priorities can submit applications through the foundation’s online grant portal.
Applicants should be prepared to:
- Demonstrate clear alignment with Bank of America’s priority areas
- Provide measurable program outcomes and evaluation plans
- Outline community partnerships and collaborative approaches
- Show the long-term impact of the proposed initiative
Apply / Learn More:
➡️ https://about.bankofamerica.com/en/making-an-impact/grant-funding-for-nonprofits-sponsorship-programs
Why This Opportunity Is a Good Fit
This opportunity is a strong fit for nonprofits that:
- Work in affordable housing, workforce development, or community development
- Focus on economic mobility and neighborhood stability
- Operate in Bank of America service markets
- Demonstrate measurable community impact and scalable programs
Bank of America’s Stable Housing and Empowering Communities grants support organizations working to build stronger neighborhoods and expand economic opportunity across the United States.
Corporate Grants Guide Notes
Review Type: Annual competitive grant cycle
Typical Lead Time: Apply several months before program start
Best Suited For: Nonprofits focused on housing stability, economic mobility, and community development.
