Your real estate initiatives come with complex challenges. That's why we deliver industry-leading capital strength, commitment and specialized expertise for all your real estate needs.
REAL ESTATE DEVELOPMENT AND INVESTING
From structuring complex transactions to broadening your access to capital, our comprehensive financing and expert execution have made us a leading choice for real estate developers and investors.
As you undertake major commercial real estate initiatives, we commit our full investment-banking strength, providing capital-raising and strategic guidance to help you take sophisticated real estate projects from start to finish. And for your expansion plans, our global experience lets us arrange foreign tranches and engage our industry-leading treasury capabilities worldwide.
AFFORDABLE HOUSING DEVELOPMENT
You rebuild neighborhoods and revive communities, and we share your commitment to reshaping how people live and work. As a nationwide leader in community development, BofAML delivers innovative full-service lending solutions and services for affordable housing developments, community facilities and mixed-use commercial, retail and residential real estate projects coast-to-coast. You can rely on specialized teams collaborating with various other programs such as FHA and tax credits to maximize your financing results.
FHA fast tracks processing on all affordable housing deals. BofAML offers FHA financing for affordable housing transactions to include those that qualify for the Low Income Housing Tax Credit (LIHTC) Pilot. Pair an FHA insured loan with LIHTC equity to obtain comprehensive debt and equity financing.
Tax credits are a key ingredient in most community development projects. BofAML works with stakeholders to leverage multiple federal, state and local programs; the largest of these are:
- Low Income Housing Tax Credits - Investments in affordable housing that revitalize neighborhoods, stabilize and preserve communities, create jobs through economic development, support environmentally sustainable business activity and provide quality affordable housing for low- and moderate-income households.
- Historic Tax Credits - Targeted equity investments that create housing and commercial developments of strategic importance to preserve the heritage of older, important historic buildings, stabilize older, deteriorating neighborhoods by providing capital to catalyze development and convert buildings that are detrimental to neighborhoods into valuable assets.
BofAML’s community development team will work with you to gain access to government tax credit funds. Read the latest insights into affordable housing to learn more.
CHARTER SCHOOL DEVELOPMENT
Recognizing that education is a key factor in community health, BofAML works with charter schools to help them tackle the many challenges in obtaining quality, affordable real estate.
From loans and tax credits, to treasury management and employee benefits, BofAML can serve all of your school’s financial needs, or can collaborate with other organizations to accomplish your specific goals.