Fall 2015 | Issue 20
Welcome to In the Community
Community partnerships and support are needed both in the short term and long term to make a meaningful impact on communities, their residents and businesses. We’re pleased to share with you this issue of the In the Community newsletter, which highlights many of the initiatives that Chase supports in communities across the country:
In this issue, we highlight efforts that:
- Enhance Detroit’s economy through the support of local nonprofits
- Create and support affordable housing opportunities
- Repurpose buildings to support the arts, cultural and creative community programs
- Advance economic growth, innovation and job creation
- Provide resources to small businesses to help them thrive and grow
We hope you’re inspired by these projects, and we appreciate your ongoing partnership and feedback.
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Quarterly newsletter that highlights the ways we are bringing all our communities together.
Detroit: Making Great Strides in Year One
One year ago, Chase1 committed to investing $100 million over five years to accelerate Detroit’s economy. This investment includes loans to Community Development Financial Institutions that fund new housing and small businesses as well as support workforce readiness programs, nonprofits and neighborhood stabilization efforts.
The investment also supports the collection of new data that provide insights to help guide Detroit’s recovery, including a recent analysis of the skills gap that identifies employment sectors where jobs can be filled.
We invite you to read our report about the impact of our commitment to Detroit and strides made in the first year.