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

WASHINGTON–(BUSINESS WIRE)–JPMorgan Chase & Co. today unveiled a $10 million, three-year investment to help drive inclusive economic growth in underserved Washington, D.C. neighborhoods, most.

JPMorgan Chase has committed $15 million to support Detroit’s neighborhoods to help more detroit residents benefit from the city’s continued economic recovery.

The metropolitan area surrounding and including Detroit, Michigan is a ten county area with a population of over 5.3 million, a workforce of 2.6 million, and about 247,000 businesses. Detroit’s six county Metropolitan Statistical Area has a population of about 4.3 million, a workforce of about 2.1 million, and a Gross Metropolitan Product of $200.9 billion.

Financial information about JPMorgan Chase JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm & Co. can be accessed by visiting the Investor JPMorgan Chase distributes shareholder information with assets of $2.2 trillion and operations in more than 60 countries.

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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.

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JPMorgan Chase commits another $15 million to help revitalize Detroit neighborhoods In Detroit, Michigan , Invest Detroit is a mission-driven lender, investor, and partner that supports business and real estate projects that it hopes will ignite economic growth in the city.

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.