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Introducing PRO Neighborhoods [JPMorganChase.com]

 

The ongoing revitalization of American downtowns has seen restaurants, businesses and residential developments result in bustling streets and thriving local economies. But often, surrounding neighborhoods haven’t experienced the same renaissance. Many families in nearby communities continue to grapple with limited housing, few services and grim commercial landscapes.

We are working to change that.

After two years of testing new models to identify the most promising approaches to community development, and gathering insights through our commitment to Detroit’s recovery, we are launching Partnerships for Raising Opportunity in Neighborhoods (PRO Neighborhoods). This is a $125 million, five-year initiative to identify and support custom solutions for the unique challenges facing disadvantaged neighborhoods in U.S. cities. Learn more about the program here.



[For more of this story go to https://www.jpmorganchase.com/...ighborhoods-main.htm]

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