Bank of America Recognizes New Haven Home Recovery for Providing Housing and Support Services to At-Risk Women and Children

The Bank of America Charitable Foundation has named New Haven Home Recovery (NHHR) as a recipient of the 2013 Neighborhood Builders® award. The program is a strategic investment that couples leadership training with a $200,000 unrestricted grant for high-performing nonprofits addressing community development, critical needs or workforce development and education. Nonprofit leaders gain valuable skills and apply funding where it is most needed for maximum local impact.

“New Haven Home Recovery is a model for how to effectively serve our most vulnerable residents, helping thousands of women and their children on the path to better, self-sufficient lives,” said Bill Tommins, Southern Connecticut market president, Bank of America. “This comprehensive leadership training and funding will not only deepen their impact today, but also sustain their critical services over time.”

The NHHR mission is to promote the independence of women and children confronted with homelessness, HIV/AIDS and behavioral health issues in a supportive environment where their potential can be realized. The need for affordable and supportive housing and basic needs in the community continues to increase. In 2013, NHHR received more than 2,800 requests from families in need of shelter, compared to 385 requests in 2008. Support from Bank of America will help the organization continue to address sustainable solutions to homelessness through its strategic directives related to expanded services, advocacy, governance and infrastructure.

“New Haven Home Recovery is honored and privileged to be recognized by Bank of America with the Neighborhood Builders award,” said Kellyann Day, CEO of New Haven Home Recovery. “We look forward to participating in the Neighborhood Builders leadership program. It is an opportunity to strengthen our agency’s mission and impact.”

According to the Bridgespan Group, Neighborhood Builders is the largest investment in nonprofit leadership development, 2.5 times the next largest program (in spending) and the third largest in number of leaders served. Through the program, now in its tenth year, Bank of America has invested $160 million in 800 nonprofit organizations and provided training to 1,600 nonprofit leaders. Neighborhood Builders furthers the company’s broader philanthropic commitment to addressing core issues that are critical to the economic vitality of local economies, with a particular focus on low- and moderate-income communities.

Bank of America Corporate Social Responsibility

Bank of America’s commitment to corporate social responsibility (CSR) is a strategic part of doing business globally. Our CSR efforts guide how we operate in a socially, economically, financially and environmentally responsible way around the world, to deliver for shareholders, customers, clients and employees. Our goal is to help create economically vibrant regions and communities through lending, investing and giving. By partnering with our stakeholders, we create value that empowers individuals and communities to thrive and contributes to the long-term success of our business. We have several core areas of focus for our CSR, including responsible business practices; environmental sustainability; strengthening local communities with a focus on housing, hunger and jobs; investing in global leadership development; and engaging through arts and culture. As part of these efforts, employee volunteers across the company contribute their time, passion and expertise to address issues in communities where they live and work. Learn more at www.bankofamerica.com/about and follow us on Twitter at @BofA_Community.