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

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 · jpmorgan chase commits $5 Million to Detroit’s New $30 Million Strategic Neighborhood fund october 19, 2016 (Detroit, MI) – JPMorgan Chase & Co. today announced a $5 million investment toward the establishment of a $30 million Strategic Neighborhood Fund to drive inclusive economic growth in Detroit’s neighborhoods.

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Chase investing $15 million to help Detroit neighborhoods JPMorgan Chase has invested some $30 million in Detroit-based funds that fuel that kind of growth by spotting neighborhoods that could be about to "tip." The problem: In much of Detroit, the pockets of strength aren’t big enough, and no amount of investment can lure business back, at least right now.

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JPMorgan Chase, as part of its $150-million commitment to Detroit’s revitalization, announced Thursday that it will invest $15 million in Mayor Mike Duggan’s Strategic Neighborhood Fund.

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

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JPMorgan Chase Commits to Invest $15 Million to Expand Economic Growth in Detroit neighbourhoods paula gobeil february 23, 2019 investment banking giant JPMorgan Chase said on Thursday that it would be making a $15 million investment in Detroit, for the redevelopment of commercial cloisters of the city’s neighborhoods.

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