JPMorgan Commits $125 Million to Help Urban Neighborhoods

Tuesday, April 5, 2016

JPMorgan Commits $125 Million to Help Urban Neighborhoods

JPMorgan Chase & Co. will commit $125 million over the next five years to help low-income neighborhoods nationwide that have missed out on the benefits of recent urban development.

The Wall Street giant planned to announce the grant strategy, called PRO Neighborhoods, at a meeting Tuesday in Washington with Jamie Dimon, the bank’s chief executive, and Detroit Mayor Mike Duggan...

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