Richmond Times-Dispatch : 2020-06-10

NEWS : 3 : A3


A3 • • • RICHMOND TIMES-DISPATCH WEDNESDAY, JUNE 10, 2020 Sometimes we have to do more. This time, a lot more. Sometimes the urgency of a better future compels you to act. We are in such a moment, when a global pandemic, a cry for racial justice and a feeling of hopelessne­ss challenge each community. In the face of this, Bank of America has committed to investing $1 billion over the next four years to build on our long-standing work to drive economic opportunit­y and equality in communitie­s of color. It will power small businesses, help connect workers to new skills and job opportunit­ies, improve medical response capacity and access to health care, and support affordable housing. This bolsters our recent commitment of an additional $100 million to support nonprofit partners and $250 million to support Community Developmen­t Financial and Minority Depository Institutio­ns, addressing impacts from the coronaviru­s that disproport­ionately affect black and brown communitie­s. My teammates and I here in Richmond commit to the important work that lies before all of us. We share the sense of urgency gripping the nation, and we welcome the promise of achieving great things together. Victor Branch Richmond Market President bankofamer­ To learn more, please visit Bank of America, N.A. Member FDIC. © 2020 Bank of America Corporatio­n. All rights reserved.

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