Providence Business News – “Bank of America awards $200K to New Urban Arts, Housing Network of R.I.”

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November 29, 2022
By Nancy Lavin

PROVIDENCE – Two Rhode Island organizations were recently awarded $200,000 each through Bank of America Corp.’s 2022 Neighborhood Builders program, according to a news release.

The grants to New Urban Arts and the Housing Network of Rhode Island recognize the groups for their work in advancing economic opportunity in Rhode Island through arts education for low-income students and affordable housing development, respectively. In addition to grant funding, each organization also receives leadership training and capital access to expand their impact as part of the Bank of America program, the release stated.

The Neighborhood Builders program offers the largest investment in nonprofit leadership nationwide, and has offered $5 million to 25 Rhode Island nonprofits since 2007, the release stated.

Nancy Lavin is a PBN staff writer. You may reach her at Lavin@PBN.com.