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tdp2664 E money daily Bank of America Corporation (NYSE:BAC) has announced the recipients of its $55 million Energy Efficiency Finance Program. Bank of America Corporation (NYSE:BAC) Splits $55m Bank of America Corporation (NYSE:BAC) has announced the names of the Community Development Financial Institutions (CDFIs) who will receive $55 million in low-interest loans and grants through the company’s innovative Energy Efficiency Finance Program. These low-interest loans and grants are aimed to finance building retrofits, create jobs and reduce energy costs in low-income areas. Andrew Plepler, Corporate Social Responsibility and Consumer Policy executive at Bank of America Corporation (NYSE:BAC), said that, “Bank of America Corporation (NYSE:BAC) engages with CDFIs to develop creative and effective approaches to addressing the critical issues of energy efficiency and serving the needs of low-income communities. Our size allows us to deliver funding on a scale that can transform an industry while making a direct impact on energy consumption, local jobs, carbon emissions and affordability for people who own, live and work in older buildings. Bank of America Corporation (NYSE:BAC) congratulates all the recipients and look forward to working with them.” Bank of America Corp. (NYSE:BAC) shares were at 6.13 at the end of the last day’s trading. There’s been a -22.0% change in the stock price over the past 3 months. Bank of America Corp. (NYSE:BAC) Analyst Advice Consensus Opinion: Hold Mean recommendation: 2.3 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.32 Zack’s Rank: 4 out of 15 in the industry
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