Bank of America Neighborhood Builders Program 2027 is expected to attract significant interest from nonprofit organizations across the United States as the next application cycle is scheduled to open in Spring 2027.
The program, run by Bank of America, supports nonprofit organizations working to strengthen communities while developing the leadership capacity of nonprofit executives and emerging leaders. According to Bank of America’s official program information, applications for the 2026 cycle are now closed, with the next application cycle scheduled to open in Spring 2027. (About Bank of America)
For U.S. nonprofits preparing for the next cycle, this provides an important opportunity to begin reviewing the program requirements, strengthening organizational documentation and preparing a competitive application ahead of the 2027 opening.
What Is the Bank of America Neighborhood Builders Program?
The Bank of America Neighborhood Builders Program is a philanthropic initiative focused on supporting local nonprofit organizations and developing nonprofit leadership across the United States.
Bank of America says the program has been part of its philanthropic investment in nonprofit leadership development since 2004. Over more than two decades, the initiative has trained more than 4,000 leaders at nearly 2,000 U.S. nonprofits. (About Bank of America)
The program is designed around the idea that strong nonprofit organizations and capable community leaders can play an important role in addressing local challenges and advancing economic opportunity.
Rather than simply providing funding, the Neighborhood Builders program combines organizational support with leadership development.
When Does the Bank of America Neighborhood Builders 2027 Application Open?
According to Bank of America’s official website, applications for the 2026 Neighborhood Builders cycle are closed.
The bank has confirmed that the next application cycle will open in Spring 2027. Bank of America has also advised organizations to check back for updated eligibility criteria and program details before the next application period. (About Bank of America)
At this stage, organizations should therefore treat Spring 2027 as the confirmed opening period rather than assuming a specific application deadline that has not yet been announced.
This distinction is important because application dates and eligibility requirements can change between cycles.
What Does the Neighborhood Builders Program Offer?
Organizations selected as Neighborhood Builders receive comprehensive leadership development support.
According to Bank of America, each participating organization receives leadership training for:
- The executive director
- An emerging leader
The organization also joins a nationwide network of peer organizations and gains access to resources intended to help expand its community impact. (About Bank of America)
This makes the program particularly relevant to nonprofits that are looking not only for philanthropic support but also for ways to strengthen their leadership and organizational capacity.
Who Should Consider Applying?
The Neighborhood Builders Program is primarily relevant to U.S.-based nonprofit organizations working to address community challenges and advance economic opportunity.
Potential applicants may include nonprofits involved in areas such as:
- Economic mobility
- Workforce development
- Community development
- Housing
- Basic needs
- Education and skills development
- Entrepreneurship
- Community leadership
- Income creation
- Social services
- Neighborhood development
However, organizations should not assume that work in one of these areas automatically makes them eligible.
Bank of America states that eligibility criteria and program details will be updated for the 2027 cycle, so nonprofits should review the official requirements once the application period opens. (About Bank of America)
Bank of America Nonprofit Grant Funding Priorities
The Neighborhood Builders Program is part of Bank of America’s wider community impact and philanthropic work.
The bank identifies four major priorities for its nonprofit grant funding:
Basic Needs
Bank of America recognizes access to essentials such as shelter, food and health as foundational to thriving communities.
Organizations addressing basic needs may therefore find alignment with this broader philanthropic priority.
Income Creation
The bank also focuses on helping individuals develop opportunities to generate income.
This includes areas such as mentoring, skills development, work experience and entrepreneurship.
Stable Housing
Affordable and stable housing is another central priority within Bank of America’s community investment approach.
Nonprofits working on housing stability and related community challenges may be relevant to this area.
Empowered Communities
Bank of America also focuses on strengthening connected and resilient communities that can address systemic challenges and sustain long-term development. (About Bank of America)
These priorities are particularly important for organizations evaluating whether their mission and programs align with Bank of America’s philanthropic strategy.
How Is the Neighborhood Builders Program Different From a Traditional Grant?
One of the most important features of Neighborhood Builders is its emphasis on leadership development.
A traditional nonprofit grant may primarily provide financial resources for a project or program.
Neighborhood Builders, by contrast, combines nonprofit participation with leadership training and access to a peer network.
Bank of America describes the program as providing comprehensive leadership training for an organization’s executive director and an emerging leader, while also giving participating organizations access to a nationwide network and resources to expand their impact. (About Bank of America)
For organizations seeking to strengthen their internal leadership pipeline, this can be an important component of the opportunity.
What Should Nonprofits Do Before the 2027 Application Opens?
Although Bank of America has not yet published the complete 2027 application details, nonprofit organizations can begin preparing now.
1. Review Your Organization’s Mission
Start by evaluating whether your nonprofit’s mission clearly connects with Bank of America’s community priorities.
Your organization should be able to explain:
- What community problem it addresses
- Who benefits from its work
- What programs it operates
- What measurable results it has achieved
- How its work contributes to economic opportunity or stronger communities
2. Document Your Community Impact
Strong applications generally benefit from clear evidence of impact.
Before the 2027 application opens, gather information such as:
- Number of people served
- Communities reached
- Program outcomes
- Employment outcomes
- Housing outcomes
- Education or skills outcomes
- Partnerships
- Volunteer engagement
- Growth achieved
- Success stories
Quantifiable evidence can make it easier to communicate the organization’s contribution to the community.
3. Identify Your Emerging Leader
Because the program includes leadership development for an executive director and an emerging leader, nonprofits should consider which staff member could benefit most from participating.
The emerging leader should ideally have a meaningful role in the organization’s future development and demonstrate leadership potential.
4. Strengthen Your Leadership Strategy
Think beyond the immediate funding opportunity.
Consider how participation in a leadership development program could contribute to:
- Succession planning
- Staff development
- Organizational growth
- Strategic planning
- Community partnerships
- Fundraising capacity
- Programme expansion
This can help your organization articulate why leadership development is important to its long-term mission.
5. Monitor the Official Bank of America Website
Because the 2027 eligibility criteria and program details have not yet been published, nonprofits should monitor Bank of America’s official Neighborhood Builders information for updates.
The bank specifically advises interested organizations to check back for updated eligibility criteria and program details. (About Bank of America)
Is the Neighborhood Builders Program Available Outside the United States?
The Neighborhood Builders Program is focused on U.S. nonprofit organizations.
Bank of America’s broader philanthropic funding is also geographically focused. Its Charitable Foundation FAQ states that philanthropic funding for organizations and programs outside the United States is limited and awarded by invitation only. (About Bank of America)
Therefore, international nonprofits should not assume that the Neighborhood Builders application is open globally.
Organizations operating outside the United States should review Bank of America’s official eligibility information to determine whether any applicable opportunities exist.
Bank of America Charitable Foundation Grants in 2026
Neighborhood Builders should also be distinguished from Bank of America’s separate Charitable Foundation grant opportunities.
For 2026, Bank of America lists two grant application cycles:
- Basic Needs and Income Creation: February 2, 2026 to March 2, 2026
- Stable Housing and Empowering Communities: May 18, 2026 to June 29, 2026 (About Bank of America)
The bank says unsolicited applications are not accepted outside the posted application dates.
It also states that U.S. charitable organizations must register for NPO Hub, formerly known as FrontDoor, and accept ACH payments to remain eligible for funding. (About Bank of America)
These grant opportunities are separate from Neighborhood Builders, so nonprofit organizations should carefully identify which Bank of America program best matches their needs.
How Much Funding Does Bank of America Provide?
The amount of funding associated with a particular Bank of America philanthropic opportunity should not be assumed without checking the specific program’s current guidelines.
For its Charitable Foundation RFP grants, Bank of America states that grant amounts vary by market and organization size. (About Bank of America)
The Neighborhood Builders program also has its own program structure, and applicants should rely on the official 2027 application materials for the specific support available in that cycle.
This is important because third-party websites sometimes publish outdated funding amounts or combine details from different Bank of America initiatives.
Can a Nonprofit Apply for Multiple Bank of America Grants?
Organizations should carefully review the rules of each program before submitting multiple applications.
For the Bank of America Charitable Foundation RFP process, the bank states that its guidelines generally provide that an organization will be funded no more than once in a calendar year, although rare exceptions may apply. (About Bank of America)
The eligibility rules for Neighborhood Builders should be checked separately when the 2027 application opens.
Why Nonprofits Should Start Preparing for 2027 Now
The announcement that the next Neighborhood Builders application cycle will open in Spring 2027 gives organizations time to prepare strategically.
Instead of waiting until applications open, nonprofits can use the coming months to build a stronger evidence base and clarify their leadership-development needs.
A well-prepared organization should be able to answer several fundamental questions:
What problem are we solving?
Clearly define the community challenge your organization addresses.
Who benefits from our work?
Explain the communities and populations served.
What evidence demonstrates our impact?
Use measurable outcomes rather than relying only on broad descriptions.
What leadership challenge are we trying to solve?
Explain why developing the executive director and emerging leader would strengthen the organization.
How would participation help us increase our impact?
Connect leadership development to concrete organizational goals.
Frequently Asked Questions About Bank of America Neighborhood Builders 2027
When will Bank of America Neighborhood Builders 2027 open?
Bank of America currently states that the next Neighborhood Builders application cycle will open in Spring 2027. The exact opening and closing dates have not yet been published on the official program page. (About Bank of America)
Are applications for the 2026 Neighborhood Builders Program still open?
No. Bank of America states that applications for the 2026 cycle are now closed. (About Bank of America)
Who can apply for Neighborhood Builders?
The program is designed for local nonprofit organizations in the United States. Applicants should wait for the 2027 eligibility criteria to be published before determining whether they qualify.
What does a Neighborhood Builder receive?
Selected organizations receive comprehensive leadership training for their executive director and an emerging leader. They also join a nationwide peer network and gain access to resources intended to help expand their impact. (About Bank of America)
Is Neighborhood Builders a global nonprofit grant?
No. The program is focused on U.S. nonprofits. Bank of America separately notes that philanthropic funding for organizations and programs outside the United States is limited and invitation-only. (About Bank of America)
When should nonprofits start preparing?
Organizations interested in the 2027 cycle should begin preparing before Spring 2027 by reviewing their mission alignment, documenting measurable impact and strengthening their leadership development strategy.
Final Thoughts
The Bank of America Neighborhood Builders Program 2027 represents a significant opportunity for eligible U.S. nonprofit organizations interested in strengthening both community impact and organizational leadership.
The most important confirmed update is that the 2026 application cycle has closed and Bank of America expects the next application cycle to open in Spring 2027. The bank has not yet published the complete 2027 eligibility criteria or application dates, so applicants should avoid relying on outdated requirements or unverified funding figures. (About Bank of America)
Nonprofits can use the preparation period to document their impact, identify an emerging leader, clarify their strategic priorities and ensure their work aligns with Bank of America’s focus on basic needs, income creation, stable housing and empowered communities.
For the most authoritative information, applicants should monitor Bank of America’s official Neighborhood Builders and nonprofit grants page and review the official eligibility and application information when the 2027 cycle opens.
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