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We have been doing business in Detroit for more than 80 years and believe in its future. Three years ago, JPMorgan Chase made a $100 million, five-year investment in its economic recovery. The collaboration and the pace of progress throughout the city have allowed us to accelerate our initial investment and deploy resources more quickly than expected.

We have exceeded our $100 million investment in just three years. And now we expect to invest $150 million in Detroit by 2019. We know there is much work to be done, but we’re as committed as ever to Detroit’s success.

What is Our Model?

We view our work in Detroit as proof of concept of the model we've developed to help more people move up the economic ladder and share in the rewards of a growing economy. Our approach was refined through our work in Detroit, and we believe the model we've developed, thanks to our work in the city, can help others create lasting impact in their communities.

Explore Our Model
Detroit Skyline


14,550 detroiters receive career training

Talent is equally distributed. Opportunity is not. Read more about our work to increase opportunity in Detroit.

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Small Business

700+ small business jobs
1,800+ small business receiving technical assistance
$9.5 mm invested in growth
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Neighborhood Revitalization and Community Development

Detroit service corps team discussing

Neighborhoods are the soul of a city. So JPMorgan Chase has focused on developing interconnected strategies to breathe new life into neighborhoods, including $50 million for Capital Impact Partners and Invest Detroit, two local organizations working to revitalize Detroit’s neighborhoods. This has led to an additional $147 million leveraged through other investors for 21 key commercial, retail and residential projects. And through an additional $25 million in commitments targeted specifically at neighborhoods, partners have developed new solutions for inclusive neighborhood growth as well as mapped 380,000 properties for potential rehabilitation or removal. Learn more about our efforts to help Detroit’s neighborhoods.

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Created or preserved housing
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In the News

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