BofA to Donate Thousand Homes to Vets, First Responders

by devteam August 25th, 2012 | Share

Bank of America has committed to providern1,000 homes over a three year period to local agencies and non-profitrnorganizations working with injured veterans and first responders.  The Bank announced the program today alongrnwith the names and information on the two most recent recipients on Friday.</p

The bank said over two dozen homes havernalready been donated through the program, two in the last few weeks.  These homes, one in Tucson, Arizona and thernother in San Antonio, Texas were handed over to retired military wounded in thernIraqi War.  The first was provided to arnvet with a military veteran wife and a young daughter, the other to a singlernfather of five including quadruplets.   The donations were facilitated through thernMilitary Warriors Support Foundation and Operation Homefront. </p

The Bank said it is in discussion withrnother non-profit groups with military veteran clients to broaden outreach.  Homes will also be provided to affiliates ofrnHabitat for Humanity and other affordable housing organizations.</p

 “This is an important expansion of ourrnproperty donation and community revitalization initiatives and improves therninventory of homes these organizations focused on assisting our veterans andrnfirst responders need,” said D. Steve Boland, national mortgage outreachrnexecutive for Bank of America. “We understand our responsibility to helprnneighborhoods impacted by foreclosure and property abandonment to recover.”

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About the Author


Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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