Coronavirus has had a significant impact on all populations and a disproportionate impact on vulnerable populations who have experienced increased unemployment and higher levels of infection. As we emerge from this crisis, Bank of America is focused on health and economic recovery. In response, Bank of America is partnering with organizations addressing the economic and social conditions that affect an individual’s health, access to community-based health services, crisis-prevention tied to family stabilization programs, and other poverty related issues.
- Access to healthcare and food – services that improve health outcomes with an emphasis on hunger relief and access to nutritious food, community-based healthcare, mental health counseling and substance use disorder treatment and rehabilitation.
- Family stabilization– access to crisis prevention programs and wrap services including help with immediate and safe shelter, free or subsidized benefits like internet access, utilities, childcare, transportation, financial assistance and recovery.
- Services for the homeless – programs that prevent or end homelessness, such as emergency shelter, rapid-rehousing, rental and utility assistance and permanent supportive housing.
Workforce Development & Education
Employment is a key driver of economic mobility. That’s why Bank of America is focused on building pathways to employment by supporting a range of workforce development opportunities, including education, upskilling and reskilling programs – meeting people where they are so that individuals and families can advance.
- Youth employment – high-school completion programs, skills-training (hard and soft skills), first-time employment, internship, apprenticeship, and mentoring.
- Alternative pathways for adults – job preparedness, training, skills-building, college or vocational certification, career counseling, ESL education and training, entrepreneurship opportunities, and job placement and retention.
- Barriers to employment – organizations that help individuals overcome barriers to employment (individuals with disabilities, the formerly incarcerated, foster care youth, individuals living in extreme poverty) through training, support services, and housing.
- National service – national service opportunities for people to make a positive impact on their communities while developing marketable skills for employment