Bank of America is dedicated to nurturing endangered communities and sustaining vibrant ones. We work with our partners — both private developers and nonprofit community groups — to create economic growth. Renaissance Walk in Atlanta's Sweet Auburn district is the latest of the bank's many projects that bring together business and community interests.

"Our focus is on neighborhoods and working with other members of our communities to identify needs, establish priorities and create opportunities for growth," said Chief Marketing Officer Anne Finucane. "This is the formula that is successful time and again, neighborhood by neighborhood."

As the Renaissance Walk project vividly illustrates, a bank can support its community as a part of its everyday affairs. "The bank's remarkable results in the Auburn Avenue district show how our business objectives can meld with our goals for philanthropy, sponsorships and volunteerism," Finucane said. "These are the drivers of our 10-year goal to lend and invest $750 billion in community development, and our national goal of $1.5 billion over 10 years in philanthropic giving. Indeed, the bank's $200 million corporate philanthropy goal for 2007 is one of the largest in the world."

Bank of America touches communities like Sweet Auburn in many ways. We bring together innovative products, the financial resources of one of the world's largest banks and the talents and enthusiasm of our associates. We work with communities to achieve clean and safe neighborhoods to live and work in. And we create opportunities that help communities achieve sustainable growth and prosperity.

• Operate the first, largest and most productive bank-owned community-development corporation in the nation
• Committed $400 million in Program Related Investments locally to create affordable housing, small businesses and jobs
• Invested $48 million in 44 markets through the Neighborhood Excellence Initiative during the past three years

• Lend and invest $750 billion in community development over 10 years
• Devote $1.5 billion to philanthropy over 10 years
• Provide $200 million in grants during 2007 to build healthy neighborhoods