CHARLOTTE, NORTH CAROLINA / RankWire.AI / – Bank of America has initiated a $250 billion plan aimed at financing and bolstering essential infrastructure projects across the United States. The 18-month initiative was announced on August 12 and will cover eligible activities from January 1, 2026, through July 4, 2027. This effort coincides with the 250th anniversary of the United States and emphasizes digital systems, energy and power, as well as core infrastructure sectors.
The $250 billion goal encompasses various types of financial activities, extending beyond direct loans or investments alone. Bank of America intends to include primary-market lending, investments, transactions within capital markets, and advisory services within the total. Additionally, the program provides banking and supply-chain solutions for qualifying projects. Funding can support initiatives at both corporate and asset levels, with the bank planning to engage in public and private markets as companies pursue capital for large-scale infrastructure development.
Digital infrastructure is identified as one of the three principal areas of focus within the initiative. Eligible projects include data centers, computing hardware, chips, equipment, telecommunications networks, and semiconductor infrastructure. Energy-related projects may involve conventional and renewable power generation, energy storage, and distribution systems. Core infrastructure covers transportation, electric and energy transmission, grid optimization, water systems, critical minerals, and mining. These categories were selected in response to the growing demand for computing capacity, energy, manufacturing, transportation, and diversified supply chains across the nation.
Digital, Energy, and Core Infrastructure Funding
According to Bank of America, the program will mobilize capital through its global markets platform, advisory services, and balance sheet. The effort will be led by its Global Capital Solutions and Global Infrastructure & Sustainable Finance teams, with support from all eight of the bank’s business lines. Jim DeMare, co-president of Bank of America, connected the initiative to infrastructure that underpins the economy, energy security, and technological progress. The bank anticipates that eligible transactions during the measurement period will contribute toward reaching the $250 billion target.
In addition to financial activity, the program emphasizes employment and community development. Bank of America highlighted that infrastructure financing can create jobs in construction, manufacturing, technology, and ongoing operations. Projects such as data centers, power plants, transportation networks, and grid enhancements require workforce involvement during both construction and long-term maintenance. The bank also promotes workforce training through collaborations with employers, nonprofit organizations, and community colleges. In 2025, it allocated nearly $40 million to over 730 workforce development partners across U.S. markets.
Duration of the Program: Through July 4, 2027
Partners involved in workforce programs estimate that in 2025, these initiatives helped connect more than 90,000 individuals with employment opportunities. They also provided training, education, and career-readiness programs to over 290,000 people. These figures are reported separately from the infrastructure financing goals. Karen Fang, the bank’s global head of infrastructure and sustainable finance, emphasized that large infrastructure projects require financing across interconnected sectors. She also serves as co-head of Global Capital Solutions.
Progress will be assessed based on eligible activities completed within the 18-month timeframe, following the methodology used for the bank’s existing $1.5 trillion, 10-year sustainable finance goal. The new initiative specifically targets infrastructure modernization and development in the United States. Its end date on July 4, 2027, extends the program by a year beyond the nation’s 250th anniversary, with the aim of supporting infrastructure, economic growth, job creation, and community development nationwide.