Dec. 21, 2011: Bank of America Announces Recipients of $55 Million Energy Efficiency Finance Program
CHARLOTTE, N.C. — Bank of America has announced the selection of Community Development Financial Institutions (CDFIs) that will receive $55 million in low-interest loans and grants through the company’s Energy Efficiency Finance Program.
Bank of America, a leading source of energy efficiency financing, said that it created the program earlier this year to deliver low-cost capital to local community lenders with expertise in energy retrofit financing as a way to help create jobs, improve affordability, and reduce carbon emissions.