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Bank of America Merrill Lynch Community Development Banking Provided Record-Setting $4.53 Billion in Lending and Investing in 2017 | Fintech Finance

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Top Women in Banking: Sindy Spivak. West Region Market Executive for Community Development Banking. Bank of America Merrill Lynch. In 2017, CDB had a record-breaking year, providing $4.53 billion in loans, tax credit equity investments and other real estate development solutions, deployed for.

Majority of banks investing in LIHTCs + no capital gains. Banks. Availability of leverage to provide an additional source of financing. In 2017, Bank of America Merrill Lynch Community Development Banking (CDB). $4.53 billion in loans tax credit investments and other real estate development solutions, the most in a.

Bank of America Merrill Lynch Community Development Banking (CDB) provided a record $4.7 billion in loans, tax credit equity investments and other real estate development solutions, surpassing last year's record financing of $4.53 billion.. The bank provided a .5 million construction loan and $13.8.

Also in , we provided $ . billion in loans, tax credit. through our Community Development Banking business.. 2017. 2017. $28.1. $91.2. 2018. 2018. NET INCOME ($B).. of America and Merrill Edge accounts together and.. record financial results that allowed us to keep investing in how we serve our.

After years of investment, Bank of America is the digital banking leader,. loans, tax credit equity investments.. Bank of America earned $18 billion, and given our solid capital. Earlier in 2017, more than 200 employees from Merrill Lynch, U.S.. legal aid, financial literacy training, career development.

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