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BofA Names Boys and Girls Clubs and CPSFL its Palm Beach County 2025 Neighborhood Builders

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WEST PALM BEACH, Fla. - TelAve -- Bank of America has named Boys and Girls Clubs of Palm Beach County and Community Partners of South Florida as its 2025 Neighborhood Builders® for their work at building career pathways for local teens and reducing housing insecurity by providing access to affordable homes. Bank of America's signature Neighborhood Builders program continues to be one of the nation's largest philanthropic investments into nonprofit leadership development, while providing unique multiyear flexible funding annually to high-impact nonprofits in communities nationwide.

Specifically, both Palm Beach County nonprofits are each awarded a $200,000 grant over two years, comprehensive leadership training for the organization's executive director and an emerging leader, and access to a national network of nonprofit peers.

"These two local nonprofits are crucial to addressing local challenges in Palm Beach County including workforce development and affordable housing," said Fabiola Brumley, president, Bank of America Palm Beach County. "Through flexible funding and comprehensive leadership training, the Neighborhood Builders program helps nonprofits address critical needs and promote economic opportunity for the individuals and families in our communities."

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In addition to its core programs, the Boys and Girls Clubs of Palm Beach County provides a wide-range of wraparound services that reinforce the goals of work readiness and success for low- to moderate-income teens.

"Bank of America has been a generous, long-term partner, and this grant will go directly toward programs to support workforce readiness programs for teens in Palm Beach County," said Jaene Miranda, President & CEO, Boys and Girls Clubs of Palm Beach County.

Community Partners of South Florida is a trusted leader in comprehensive community development -- investing in people, places, and systems so neighborhoods and residents can thrive.  They believe that access to safe, quality housing is essential to creating neighborhoods of choice, where families can raise healthy children and feel a true sense of belonging. Bank of America's grant will provide down payment assistance and deferred loans of up to $10,000 per household for 15 families to help realize their dream of home ownership.

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"Rising real estate prices in Palm Beach County have kept many families from being able to afford a home, and this Bank of America grant will assist families struggling to build savings for down payments to secure home ownership," said Kelly Powell, CEO, Community Partners of South Florida. "We believe that access to stable, affordable housing is essential to creating neighborhoods of choice, where families can raise healthy children and feel a true  sense of belonging."

Neighborhood Builders is part of the bank's longstanding efforts to build thriving communities by addressing issues fundamental to economic opportunity. Since 2004, Bank of America's Neighborhood Builders program has invested more than $346 million in communities across the U.S. and trained more than 4,000 leaders at nearly 2,000 U.S. nonprofits.

Source: Khanna Connections
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