Bank of America Charitable Foundation Donates to HomeAid Twin Cities/BATC-Housing First Minnesota Foundation

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HomeAid Twin Cities, a program of the BATC-Housing First Minnesota Foundation, received a generous donation from the Bank of America Charitable Foundation through HomeAid America earlier this month. Katie Simpson, market president for Bank of America, and Robin Keesal-Arnett, chapter development director for HomeAid America, presented the charitable organization with a check for $10,000 to help fund the build of a five-bedroom home for the Minnesota Assistance Council for Veterans (MACV). The brand-new home is MACV’s first home that supports homeless veterans along with their families.

“The generous donation from the Bank of America Charitable Foundation was greatly appreciated,” said Bob Bennett, manager of HomeAid Twin Cities/BATC-Housing First Minnesota Foundation. “It helped us build the new MACV home which will support veteran-headed families for years to come.”

“Economic opportunity begins with the ability to live and work in vibrant communities, including access to safe, quality housing,” said Katie Simpson, Bank of America’s Minneapolis-St. Paul market president. “We’re proud to partner with HomeAid and further our mutual commitment to fighting homelessness and supporting local veterans – both of which drive sustainable economic growth here in the Twin Cities.”

Bank of America has been a steadfast supporter of HomeAid America in numerous ways since 2004. Over the past 13 years of the partnership, the company has contributed more than $2.5 million to HomeAid America and HomeAid chapters.

“Bank of America has been HomeAid’s leading financial partner over the past decade and we are eternally grateful,” said Peter Simons, CEO of HomeAid America.

Across the country, the Bank of America Charitable Foundation promotes economic mobility and social progress based on the needs of local communities and families. By investing in affordable housing programs and partnering with local nonprofits that address basic needs like food and shelter, the Foundation aims to alleviate poverty and create pathways to financial success.

BACKGROUND:

About HomeAid Twin Cities/BATC-Housing First Minnesota Foundation: HomeAid Twin Cities/BATC-Housing First Minnesota Foundation is a nonprofit organization, composed of members of BATC-Housing First Minnesota. HomeAid Twin Cities/BATC-Housing First Minnesota Foundation taps the talents and resources of BATC-Housing First Minnesota members, builders, remodelers and suppliers, often in partnership with other local charities and organizations, to provide safe affordable housing for people in need.

About Minnesota Assistance Council for Veterans: (MACV) is a 501 (c)(3) nonprofit organization that has provided critical intervention assistance to homeless veterans and their families since 1990. In 2016, MACV comprehensively served over 1,729 veterans and their families throughout Minnesota with their mission to provide assistance to positively motivate veterans and their families who are experiencing other life crises. When immediate independent housing is not an option for veterans MACV offers 57 units of transitional housing in multiple Minnesota communities. Veterans may reside in the community-based housing for up to two years, although many veterans move to independent housing sooner.

About Bank of America

At Bank of America, we’re guided by a common purpose to help make financial lives better, through the power of every connection. We’re delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It’s demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Learn more at about.bankofamerica.com, and connect with us on Twitter at @BofA_News.