BankUnited Announces Nearly $500,000 in New Community Grants

Florida & New York Nonprofits Receive Funding to Address Affordable Housing, Economic Development, Neighborhood Revitalization, Adult Financial Literacy and Programming for Underserved Youth

BankUnited announced its latest round of community development funding, awarding $439,500 in May to 42 nonprofit organizations in Florida and New York.

“Nonprofit organizations are continuing to serve as a beacon of hope during this pandemic, providing crucial support beyond what is typical to ensure the wellbeing of our communities,” said Rajinder P. Singh, BankUnited chairman, president and CEO. “Through our community development grants program, BankUnited remains committed to helping these organizations rise to meet today’s challenges.”

The latest round of funding comes on the heels of the over $300,000 the bank awarded earlier this year to 36 organizations. Last year, BankUnited granted $1.1 million to 160 nonprofit organizations in Florida and New York whose work helps to meet community needs in the areas of small business and economic development, affordable housing and community development, financial education/foreclosure prevention, and financial education/K-12 education.

Half of the grants awarded during this current round went to organizations providing affordable housing in Florida and New York. Approximately 25 percent of the organizations receiving funding provide services to meet the needs of underserved youth, and another 20 percent address economic development and neighborhood revitalization. Organizations promoting adult financial literacy account for the remaining grant recipients. Many of these same organizations also began providing essential services in response to the pandemic, such as food distribution, housing assistance and mental health services.

In New York, organizations receiving funding from BankUnited include:

  • Ariva
  • Asian Americans for Equality
  • Brooklyn Workforce Innovations
  • Business Outreach Center Network
  • Chinatown Manpower Project
  • Community Development Corporation of Long Island
  • Community Word Project
  • Cypress Hills Local Development Corporation
  • Evergreen
  • Girl Scouts of Suffolk County
  • Ifetayo Cultural Arts Academy
  • Local Initiatives Support Corporation
  • Long Island Housing Partnership
  • New Ground
  • Community Access
  • Pratt Area Community Council/IMPACT Brooklyn
  • Services for the Underserved
  • United Way of New York City – Change Capital Fund

In Florida, organizations receiving funding from BankUnited include:

  • Big Brothers Big Sisters of the Suncoast
  • Broward Organized Leaders
  • Community Land Trust of Palm Beach County
  • Collective Empowerment Group
  • Firewall Centers
  • Florida Housing Coalition
  • Helping Abused Neglected Disadvantaged Youth
  • Housing Development Corporation of Southwest Florida
  • Housing Foundation of America
  • Junior Achievement of South Florida
  • Junior Achievement of Tampa Bay
  • Lee County Housing Development Corporation
  • Neighborhood Housing Services of South Florida
  • PACE Centers for Girls Broward
  • PACE Center for Girls Miami-Dade
  • Rebuilding Together Tampa Bay
  • SCORE Southwest Florida
  • Southeast Florida Community Development Fund
  • St. Paul CDC
  • Tampa Bay CDC and Corporation to Develop Tampa Bay
  • The Ted Center (The Center for Technology)/Florida Women Business Center
  • Urban League of Broward County
  • Urban League of Palm Beach County

With banking centers throughout Florida and the New York metropolitan area, BankUnited consistently ranks as one of the top regional banks in Florida and the nation and is one of the largest independent depository institutions headquartered in Florida by assets. For additional information, call (877) 779-2265 or visit