NEW YORK–(BUSINESS WIRE)–Bank of America Community Development Banking (CDB) provided a record $4.88 billion in loans, tax credit equity investments, and other real estate development solutions, ...

NEW YORK--(BUSINESS WIRE)--Bank of America Merrill Lynch Community Development Banking (CDB) had a record-setting year in 2017, providing $4.53 billion in loans, tax credit equity investments and ...

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Development banking encompasses financial institutions established to deliver long-term capital and targeted support to economies in various stages of growth. Unlike commercial banks, development ...

CDB deployed $3.62 billion in debt commitments and $2.25 billion in investments to help build strong, sustainable communities through affordable housing and economic development across the country.

We are supporting efforts to end poverty on a livable planet, investing in stronger economies, energy access, and more resilient communities. In fiscal year 2024—which covers July 1, 2023 to June 30, ...