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JPMorgan Chase Commits $15 Million to Expand Economic Growth in Detroit’s Neighborhoods

Pace of Detroit’s progress allowed firm to accelerate initial $100 million investment and make valuable impact on the city’s recovery . May 10, 2017 (Detroit) – JPMorgan Chase & Co. today announced that it will expand the firm’s commitment to Detroit’s economic recovery, expecting to reach $150 million by 2019.

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DETROIT-(BUSINESS WIRE)-JPMorgan Chase has committed $15 million to support Detroit’s neighborhoods to help more detroit residents benefit from the city’s continued economic recovery. As part of.

Four years ago, JPMorgan Chase made a $100 million, five-year investment in Detroit’s economic recovery. The collaboration and the pace of progress throughout the city have allowed us to accelerate our initial investment, and we now expect to invest $150 million in Detroit by 2019.

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JPMorgan Chase Commits $15 Million to Expand Economic Growth in Detroit’s Neighborhoods detroit-( business wire )-jpmorgan chase has committed $15 million to support Detroit’s neighborhoods to help more Detroit residents benefit from the city’s continued economic recovery.

JPMorgan Chase has committed $15 million to support Detroits neighborhoods to help more Detroit residents benefit from the citys continued economic recovery. As part of JPMorgan Chases $150 million, five-year commitment to Detroit, this new investment, which combines a $10 million, long-term, low-cost loan and $5 million in philanthropy, is expected to expand economic opportunity in these neighborhoods.

JPMorgan Chase has announced a $15 million commitment to help expand economic opportunity in underserved neighborhoods in Detroit. Made as part of the company’s five-year, $150 million commitment to the city, the investment in Mayor Mike Duggan’s Strategic Neighborhood Fund includes a $5 million grant and a $10 million long-term, low-cost loan.

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JPMorgan Chase Commits to Invest $15 Million to Expand Economic Growth in Detroit Neighbourhoods Paula Gobeil February 23, 2019 Investment banking giant JPMorgan Chase said on Thursday that it would be making a $15 million investment in Detroit, for the redevelopment of commercial cloisters of the city’s neighborhoods.

JPMorgan Chase is investing in a Detroit miracle-and CEO Jamie Dimon wants to take the strategy nationwide. The big bank’s Detroit experiment is a blueprint for rebuilding America’s cities. You.

DETROIT-(BUSINESS WIRE)-JPMorgan Chase has committed $15 million to support Detroit’s neighborhoods to help more Detroit residents benefit from the city’s continued economic recovery. As part of JPMorgan Chase’s $150 million, five-year commitment to Detroit, this new investment, which combines a $10 million, long-term, low-cost loan and $5 million in philanthropy, is expected to expand economic opportunity in these neighborhoods.