CHARLOTTE, NORTH CAROLINA / RankWire.AI / – Bank of America has announced a $250 billion financing initiative for critical infrastructure projects across the United States. The program runs for 18 months and covers eligible activity from January 1, 2026, through July 4, 2027. It targets investment in digital infrastructure, energy systems and core public infrastructure. The bank said the initiative will support projects tied to technology, power generation, transportation, water systems and other essential sectors.
The Critical Infrastructure Finance Initiative includes more than traditional lending. Bank of America will count qualifying primary-market loans, investments, capital markets transactions and advisory work toward the $250 billion target. The program also includes banking services and supply-chain solutions linked to eligible infrastructure projects. Financing can support both companies and individual assets. The bank will draw on its corporate banking, investment banking and markets businesses as it works with clients seeking capital for major U.S. projects.
Digital infrastructure forms one of the program’s central areas. Eligible projects include data centers, telecommunications networks, semiconductors, computing hardware and related equipment. The energy category includes conventional and renewable generation, power storage and distribution systems. Core infrastructure covers transportation, electricity transmission, grid upgrades, water systems, critical minerals and mining. Bank of America said the initiative also addresses growing infrastructure needs connected to computing, manufacturing, energy supply and domestic supply chains.
Initiative covers technology, energy and essential infrastructure
Bank of America said its Global Capital Solutions and Global Infrastructure & Sustainable Finance teams will help coordinate the program. All eight business lines will participate in the initiative. Jim DeMare, co-president of Bank of America, said the effort centers on infrastructure that supports the economy, energy security and technological development. The bank plans to measure qualifying transactions during the stated 18-month period. Those transactions will contribute toward the overall $250 billion commitment.
Employment and workforce development also form part of the bank’s stated goals for the initiative. Bank of America said infrastructure projects can create jobs in construction, manufacturing, technology and long-term operations. The company also supports training programs through employers, nonprofit organizations and community colleges. In 2025, it provided nearly $40 million to more than 730 workforce development partners across U.S. markets. Those programs focus on skills training, education and job readiness.
Financing target runs through July 2027
The bank said its workforce partners connected more than 90,000 people with employment opportunities during 2025. Those organizations also reported providing training, education or career-readiness access to more than 290,000 people. Bank of America presented those figures separately from the new infrastructure financing target. Karen Fang, global head of infrastructure and sustainable finance, said large infrastructure projects require coordinated financing across several connected sectors. She also serves as co-head of Global Capital Solutions.
Bank of America will track progress using eligible financing activity completed within the program period. The bank said the measurement approach follows the framework used for its existing $1.5 trillion sustainable finance goal. The new initiative focuses specifically on infrastructure development and modernization in the United States. Its July 4, 2027 end date extends the program beyond the country’s 250th anniversary. The bank said the effort will support infrastructure, job creation, economic activity and community development nationwide.