JPMorgan Chase Commits $15 Million to Expand Economic Growth in Detroit’s Neighborhoods
JPMorgan Chase has committed $15 million to support Detroits neighborhoods to help more Detroit residents benefit from the citys 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.
- The announcement was made today at the Detroit School of Digital Technology in Southwest Detroit with senior JPMorgan Chase, community and government leaders.
- JPMorgan Chase is combining its business and philanthropic expertise to address some of Detroits biggest economic challenges.