A grant application to the Bank of America Charitable Foundation resulted in the award of $8,000 to Habitat for Humanity of Lee and Hendry Counties, part of a recent $15 million investment to support impactful local and national programs and services addressing housing issues, including foreclosure counseling and mitigation, neighborhood stabilization, and affordable housing. “Economic revitalization in many parts of the U.S. will depend in large part on the stabilization and strengthening of the housing sector,” said Kerry Sullivan, president, Bank of America Charitable Foundation. “Helping individuals and families regain financial stability through housing and other community development initiatives is a significant piece of our overall lending, investing and philanthropic giving activities to positively impact the local communities we serve.”
Marcia Hobe and Bill Schroeder, senior vice presidents with Bank of America were on hand to make the check presentation on August 16, 2012. Bank of America has supported Habitat for Humanity of Lee and Hendry Counties since 1996, donating over $38,000 through its branches and its Foundation, and donating land valued at $3,000.
“The need for affordable homeownership continues to grow in our community. Funding sources, especially government programs, which have traditionally helped to make affordable homeownership a reality, are exhausted or simply are no longer available. Now, more than ever, we must rely on our community to help provide simple, decent homes for low-income families,” explained Green. “That’s why support from businesses such as Bank of America is so important to our mission to provide decent affordable homes to people in need so they may build better lives for their families.”