Stable Housing and Empowering Communities Grant

The Stable Housing and Empowering Communities grant is an annual funding opportunity issued by the Bank of America Charitable Foundation, reflecting the bank’s commitment to advancing economic mobility and community development. As part of its broader Responsible Growth strategy, Bank of America supports nonprofit organizations that address the challenges faced by low- and moderate-income communities, focusing on long-term solutions for economic security and community stability. This grant aims to assist vulnerable populations, including working families, youth, seniors, individuals with disabilities, veterans, and formerly incarcerated individuals. It supports programs that enhance access to stable housing and strengthen community capacity and infrastructure. The foundation promotes initiatives that contribute to community vitality and long-term neighborhood stability, including small business resiliency and local economic empowerment. The 2025 application cycle for the Stable Housing and Empowering Communities grant opens on May 19, 2025, and closes on June 30, 2025. Interested nonprofits must begin the process by completing an online eligibility quiz. If their organization aligns with the foundation’s requirements and priorities, they will be directed to submit a full application through the online portal. To qualify, organizations must be 501(c)(3) nonprofits that are not classified as private foundations and are not operating under a fiscal agent or sponsor. Applicants must serve and be based in designated Bank of America market communities. The grant does not support individuals, political or labor groups, endowment funds, governmental entities, fiscally sponsored organizations, or individual K–12 schools. Religious organizations may be considered only if the funding directly supports secular community service programs. The eligible geographic scope is limited to specific cities and regions within numerous states. These include areas in California, Florida, Texas, North Carolina, and New York, among others. A full list of approved cities and regions is provided by Bank of America and should be reviewed carefully by applicants to ensure eligibility. For more details or questions, applicants may contact the foundation at foundation@bofa.com. While no phone number is provided, the foundation encourages organizations to use email for inquiries. The foundation does not disclose award amounts or the number of grants available, and no sample application questions are published. Applicants should prepare thoroughly to ensure alignment with the foundation’s mission and objectives.