Bank of America Community Resilience Grant Information

Bank of America’s Community Resilience Grant Program enables the design and implementation of projects that utilize trees and other green infrastructure to build resilience in low- and moderate-income communities. Municipalities are eligible to receive $50,000 grants to strengthen vulnerable neighborhoods against the impacts of a changing climate.

The work with the Arbor Day Foundation is part of Bank of America’s broader commitment to environmental sustainability. Through the bank’s environmental operations goals, the company has committed to carbon neutrality and purchasing 100 percent renewable electricity by the end of 2020. Bank of America has also deployed more than $145 billion over the past 12 years in support of environmental business efforts, and it recently announced it will mobilize an additional $300 billion in capital starting in 2020 to support more sustainable business activities. This is its third environmental business goal as part of its broader Environmental Business Initiative.

In addition to the grant, Bank of America supports the Arbor Day Foundation’s Time for Trees™ initiative as a member of its Evergreen Alliance. This effort aims to plant 100 million trees and engage five million tree planters worldwide by 2022 — the 150th anniversary of Arbor Day.

To be eligible for this grant, your project must take place within Bank of America’s footprint in the United States, with priority being given to projects in areas that primarily serve low- to moderate-income residents or take place in underserved communities. Additional information can be found within the Eligibility Requirements.

This is a reimbursement grant — funds will be provided upon completion of your project and a final report. No more than 50% of the proposed funding may be used to purchase new trees.

Preference will be given to currently recognized Tree City USA communities or those interested in becoming a Tree City USA community over the next calendar year.