Veterans Receive Mortgage-Free Homes Through Bank of America

veterans day

This Veterans Day, Bank of America will join five of its nonprofit partners to present veterans and their families with keys to mortgage-free homes across the nation.

In August of 2012, Bank of America set a goal to donate 1,000 properties. With this year’s donations, Bank of America will have exceeded their goal, donating more than 1,600 properties to military service members. In two states with prominent military presence, Texas and Florida, more than 550 veterans have received keys to homes renovated by the bank’s nonprofit partners.

“As the nation reflects on the great sacrifices made by military service men and women this Veterans Day, we’re very proud of the progress of our property donation program and the difference it is making in our efforts to both revitalize communities and help veterans return to civilian life,” said Ron Sturzenegger, Bank of America Enterprise Business and Community Engagement executive.

Support for the military has been an integral part of Bank of America’s culture since 1920. That support permeates every aspect of the business, from hiring to philanthropy, volunteerism and products and services for military customers. In 2012, the company formed the Military Affairs team, which brings together partners from across the company to help service members reintegrate into the civilian workforce through education, employment, wellness and housing.

The bank employs more than 8,000 veterans, Guard and Reservists, and earlier this year announced a goal to hire 10,000 more over the next several years. To help with the job search, the company has a dedicated military staffing team and also launched an industry-leading career website dedicated to providing service members, veterans and spouses information that can help them build their workplace and business knowledge Visit militarytransition.bankofamerica.com for more information.