Chase Grant Will Boost Home Ownership in Chicago

We were honored to have our Starter Home and the great work of our clients, The Resurrection Project (TRP) and Lawndale Christian Development Corp (LCDC) featured this week on WBEZ Chicago. In a great piece by Linda Lutton, WBEZ explains the impact a recent JPMorgan Chase donation will have on the attainability of home ownership for a large number of Chicago families.

According to Ms. Lutton,

“A new $7.2 million grant will prepare thousands of renters on Chicago’s South and West Sides for homeownership and seek to boost hundreds into the American dream by helping them buy homes in their communities, increasing wealth for the city’s Black and Latino families.

The grant, from JPMorgan Chase, will go to a coalition of seven community organizations to bolster affordable home ownership and to make new homes sprout across vacant lots.”

Charlie Corrigan, who oversees philanthropy in the Midwest for JPMorgan Chase adds (via WBEZ),

“This is going to help hundreds of families either buy a new home or renovate and preserve their existing home. We’re really excited about this opportunity to … build community wealth in areas that are too often overlooked.”

Article Link:

A Chase Grant Will Give A $7.2 Million Boost For Home Ownership On Chicago’s South And West Sides