Press Releases

11/15/19 10:00 am EST

Company’s Investment in Affordable Housing Totals $560 Million, 2,400 Units Since 2016; Builds on $5 Billion Down Payment Assistance Program Announced in April 2019

Bank of America today announced it has invested more than $131 million this year in affordable housing in Greater Washington, D.C., bringing the total to $560 million in debt and equity financing since 2016. The bank’s most recent investment was on display at a groundbreaking for Randle Hill, a 195-unit affordable multifamily housing development in the Congress Heights neighborhood, for which the bank has invested $41.5 million in debt and equity with the Enterprise family of companies and more...
11/13/19 9:30 am EST

Firm Takes Top Spot for Seventh Year

For the seventh time since the recognition began in 2011, Bank of America Merrill Lynch has been named Institutional Investor’s “Top Global Research Firm of the Year.” BofA Merrill Lynch Global Research won 234 total team positions – more than any other firm – in the eight Institutional Investor research team surveys published throughout 2019. “Our analysts around the world produce consistently high-quality research across all asset classes with the goal of delivering integrated, unique more...
11/7/19 1:00 pm EST
Bank of America and the city of Detroit today announced the bank’s investment of $3 million toward its mission of helping homeowners and small-business entrepreneurs. Additionally, the bank unveiled another $2.5 million in support of Detroit’s neighborhoods. The announcement was made at Detroit Sip, a Motor City Match recipient located in the city’s Livernois-McNichols neighborhood, an area that has also seen significant investment through Invest Detroit. Since 2009, Bank of America has more...