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Community Grants Program: Stable Housing and Empowering Communities is sponsored by Bank of America Charitable Foundation. This grant cycle focuses on supporting initiatives related to stable housing and empowering communities. It aligns with Bank of America's priorities of economic mobility, including basic needs, income creation, stable housing, and empowering communities.
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At Bank of America, we’re guided by a common purpose to help make financial lives better. We drive Responsible Growth by focusing on our clients, managing risk well, and making sure our growth is sustainable.
To be sustainable, we have to share our success with our communities which includes all we do to drive progress on societal priorities, including those broadly defined in the United Nations (UN) Sustainable Development Goals (SDG): poverty, hunger, education, affordable housing, and other key areas.
As part of this work, we develop strong partnerships with nonprofit organizations addressing issues fundamental to economic mobility and social progress in low- and moderate-income communities.
We focus on improving the lives of individuals and families by investing in basic needs and workforce development and education and also strengthening broader community vitality by addressing needs related to affordable housing, small business, and neighborhood revitalization.
Through our partnerships, we support vulnerable populations, including working families, youth and young adults out of school and work, seniors, individuals living with disabilities, veterans, and those impacted by the criminal justice system – enabling them to move forward toward their goals.
We recognize that people and communities of color continue to face significant challenges, and we are working to advance racial equality and economic opportunity throughout many of our partnerships.
In 2026, the Bank of America Charitable Foundation will issue two requests for proposals (RFPs): Basic Needs and Income Creation | Application Period: 2/2/2026 - 3/2/2026 Stable Housing and Empowering Communities | Application Period: 5/18/2026 - 6/29/2026 Deadlines: March 2, 2026; June 29, 2026 Before approaching the funder or submitting an application: Prospective applicants from Duke University – contact Angela Crews in the Office of Foundation Relations, University Development at 919-681-0468 or angela.
crews@duke. edu . Prospective applicants from Duke Medicine – contact Anita Shirley in Foundation Relations and Corporate Giving, Duke Medicine Development and Alumni Affairs at 919-385-3117 or anita.
shirley@duke. edu Community Outreach and Engagement Community-Engaged Research Social and Behavioral Sciences
Based on current listing details, eligibility includes: Qualified 501(c)(3) organizations or accredited educational institutions within Bank of America's footprint. Must align with funding priorities. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates Varies by market and organization size Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is June 29, 2026. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.