SPCP

JPMorgan Chase Increases Housing Affordability Commitments With Additional $20 Million in Philanthropy and Expanded Customer Offerings

Retrieved on: 
Monday, April 8, 2024

JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.

Key Points: 
  • JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.
  • “Healthy communities are integral to our business model, and affordable housing opportunities are vital to creating strong communities and building intergenerational wealth,” said Tim Berry, Global Head of Corporate Responsibility, JPMorgan Chase.
  • “The private sector has an important role to play alongside non-profit organizations and policymakers in advancing housing affordability, including increasing access to homeownership.
  • Delivering Impact with Organizations in Washington, DC and Across the Country
    Today’s philanthropic announcement builds on JPMorgan Chase’s $400 million five-year commitment to improve housing affordability and stability for underserved households.

Medical Group of Central Georgia Joins Southeast Primary Care Partners

Retrieved on: 
Tuesday, March 12, 2024

Southeast Primary Care Partners (SPCP), a primary care-focused medical group dedicated to achieving true value-based care everywhere, today announced a new practice partnership with Medical Group of Central Georgia.

Key Points: 
  • Southeast Primary Care Partners (SPCP), a primary care-focused medical group dedicated to achieving true value-based care everywhere, today announced a new practice partnership with Medical Group of Central Georgia.
  • Dr. Al-Shroof founded Medical Group of Central Georgia in 2002 and provides traditional primary care and family medicine services to more than 35,000 patients annually.
  • The practice will serve current and new patients as Medical Group of Central Georgia, A Southeast Medical Group Partner at existing locations in Warner Robins and Butler.
  • “I am delighted to welcome Dr. Al-Shroof and the members of his team to Southeast Primary Care Partners,” said Eric Lisle, CEO, president, and co-founder, Southeast Primary Care Partners.

Southeast Primary Care Partners Ranks No. 160 on Inc. Magazine’s List of the Southeast Region’s Fastest-Growing Private Companies

Retrieved on: 
Tuesday, February 27, 2024

Inc. magazine today revealed that Southeast Primary Care Partners (SPCP) is No.

Key Points: 
  • Inc. magazine today revealed that Southeast Primary Care Partners (SPCP) is No.
  • 160 on its fourth annual Inc. 5000 Regionals: Southeast list, the most prestigious ranking of the fastest-growing Southeast private companies, based in South Carolina, Kentucky, Tennessee, Georgia, Arkansas, Alabama, Mississippi, Louisiana, Florida, and Puerto Rico.
  • Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the Southeast economy’s most dynamic segment–its independent small businesses.
  • “We are excited to be named to the annual Inc. 5000 Regionals: Southeast list,” said Eric Lisle, CEO, president and co-founder, Southeast Primary Care Partners.

Fannie Mae Launches New Resources to Help Latino Communities Access Homeownership

Retrieved on: 
Wednesday, September 27, 2023

WASHINGTON, Sept. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced new resources and programs to provide responsible access to housing and long-term sustainable homeownership opportunities across the country for Latino communities and further the company's mission.

Key Points: 
  • WASHINGTON, Sept. 27, 2023 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) today announced new resources and programs to provide responsible access to housing and long-term sustainable homeownership opportunities across the country for Latino communities and further the company's mission.
  • Thin or insufficient credit history is a challenge disproportionately faced by Latino renters and first-time homebuyers, according to Fannie Mae's Latino Housing Journey research.
  • Fannie Mae plans to further expand the program to additional cities, to include those with large Latino populations early next year.
  • Additional resources are available to learn more about Fannie Mae's approach to providing equitable and sustainable access to housing opportunities for the Latino community.

Southeast Primary Care Partners Continues Alabama Expansion, Welcoming Bear Creek Family Practice

Retrieved on: 
Wednesday, July 19, 2023

Southeast Primary Care Partners (SPCP), a primary care-focused medical group dedicated to achieving true value-based care everywhere, today announced a new practice partnership with Bear Creek Family Practice.

Key Points: 
  • Southeast Primary Care Partners (SPCP), a primary care-focused medical group dedicated to achieving true value-based care everywhere, today announced a new practice partnership with Bear Creek Family Practice.
  • Partnering with SPCP enables Bear Creek Family Practice to maintain its clinical independence while benefiting from shared resources, innovation and a collaborative environment dedicated to exceptional patient care.
  • Aryanpure and Bear Creek Family Practice have established a strong reputation of providing quality care and improved access across Tuscaloosa,” said Eric Lisle, CEO, president, and co-founder, Southeast Primary Care Partners.
  • Our community needs high-quality primary care, and through our partnership with SPCP, Bear Creek Family Practice is optimized to be at the forefront of this effort.”

U.S. Bank Launches Access Home Loan Mortgage to Remove Barriers to Homeownership

Retrieved on: 
Wednesday, July 12, 2023

U.S. Bank is expanding access to homeownership with the launch of U.S. Bank Access Home Loan, a mortgage Special Purpose Credit Program (SPCP) that provides up to $12,500 in down payment assistance and up to an additional $5,000 lender credit.

Key Points: 
  • U.S. Bank is expanding access to homeownership with the launch of U.S. Bank Access Home Loan, a mortgage Special Purpose Credit Program (SPCP) that provides up to $12,500 in down payment assistance and up to an additional $5,000 lender credit.
  • View the full release here: https://www.businesswire.com/news/home/20230712112410/en/
    U.S. Bank has committed $100 million over the next five years to the Access Home Loan program.
  • The new mortgage offering aligns with the U.S. Bank Access Home initiative focused on advancing Black homeownership.
  • The Access Home Loan program is just one way U.S. Bank is working in the communities it serves to increase access to homeownership within underserved segments of the community.

Chase Expands Grant Program to Even More Hispanic and Black Communities to Help Families Get One Step Closer to Homeownership

Retrieved on: 
Wednesday, June 28, 2023

It’s available for purchases of properties in communities identified by the U.S. Census as majority-Black, Hispanic or Latino.

Key Points: 
  • It’s available for purchases of properties in communities identified by the U.S. Census as majority-Black, Hispanic or Latino.
  • Veterans Purchase Closing Cost Benefit: Chase’s $2,000 VA Purchase Closing Cost Benefit is designed for veterans, servicemembers and their families purchasing a home with a VA mortgage loan.
  • It’s also stackable with Chase’s Homebuyer Grant and the $5,000 Closing Guarantee .
  • Chase MyHome Savings Calculator: Already have a Chase mortgage?

Affordable Home Financing is Now Available with Freddie Mac BorrowSmart Access(SM) Program

Retrieved on: 
Friday, June 2, 2023

MOUNT LAUREL, N.J., June 2, 2023 /PRNewswire/ -- AnnieMac Home Mortgage, a national mortgage loan provider and servicer, is excited to offer the newly launched Freddie Mac BorrowSmart AccessSM Program.

Key Points: 
  • MOUNT LAUREL, N.J., June 2, 2023 /PRNewswire/ -- AnnieMac Home Mortgage, a national mortgage loan provider and servicer, is excited to offer the newly launched Freddie Mac BorrowSmart AccessSM Program.
  • AnnieMac Home Mortgage will offer this new program to first-time homebuyers to help with down payment and closing costs assistance to realize the dream of becoming homeowners.
  • Freddie Mac BorrowSmart AccessSM is a Special Purpose Credit Program (SPCP) for first-time homebuyers in 10 metropolitan areas across the United States.
  • Two of the 10 Eligible Metro Areas that AnnieMac will be Supporting:
    AnnieMac Home Mortgage prides themselves on offering the best financial programs to their borrowers and are thrilled that there is this opportunity to support traditionally underserved communities with homebuyer assistance to help them achieve their goal of homeownership.

U.S. Bank expands lending opportunities for women-, minority-, and veteran-owned businesses

Retrieved on: 
Friday, April 28, 2023

Through the Business Diversity Lending Program, U.S. Bank will provide credit and financing to help women-, minority-, and veteran-owned businesses grow and thrive.

Key Points: 
  • Through the Business Diversity Lending Program, U.S. Bank will provide credit and financing to help women-, minority-, and veteran-owned businesses grow and thrive.
  • The U.S. Bank Business Diversity Lending Program is a type of special purpose credit program, or SPCP, permitted by the Equal Credit Opportunity Act (ECOA).
  • U.S. Bank is launching the Business Diversity Lending Program following last year’s acquisition of MUFG Union Bank.
  • Union Bank was a pioneer in implementing an SPCP for small business, launching their Business Diversity Lending Program around 30 years ago.

Freddie Mac’s 2023 Equitable Housing Finance Plan Builds on Year One Achievements

Retrieved on: 
Wednesday, April 5, 2023

The Plan is an important component of Freddie Mac’s mission-driven efforts to expand affordable housing and improve outcomes for renters and borrowers in all communities.

Key Points: 
  • The Plan is an important component of Freddie Mac’s mission-driven efforts to expand affordable housing and improve outcomes for renters and borrowers in all communities.
  • The updates to the Plan contain adjustments and enhancements to activities that advance equitable and sustainable housing and rental opportunities while preserving safety and soundness.
  • Under the Plan, Freddie Mac will continue purchasing loans originated through both lender SPCPs and its own SPCP, BorrowSmart AccessSM.
  • “Our 2023 Plan incorporates new thinking and lessons learned to ensure we are as effective and impactful as possible.”
    Freddie Mac’s Equitable Housing Finance Plan includes a series of actions to advance equity in both the single-family and multifamily housing markets.