JPMorgan Chase & Comits $step 3 mil to Memphis CDFI Network detailed with Pledge
Five groups on Memphis Neighborhood Development Financial institution (CDFI) Network United Homes, Lake Urban area Financing Financing, Communities Unlimited and you will Hope Borrowing from the bank Connection was provided $3 million due to JPMorgan Chase’s 6th annual national battle, Commitment getting Elevating Chance inside Communities (Specialist Neighborhoods). With this specific financial support, the brand new Memphis CDFI Community usually launch the put-situated method in the office near to customers from inside the Memphis’ Frayser and you will Whitehaven communities, having hopes of thinking of moving other Memphis step 3.0, good 20-season complete bundle powering the town of Memphis, communities soon. (suite…)