Chase Opens Innovative Branch in Bronx’s Grand Concourse Neighborhood - Seite 2

Chase Home Lending is offering a $7,500 homebuyer grant to help cover closing or down payment costs for eligible homebuyers purchasing a home in select, underserved communities across the nation. This benefit is currently available in more than 1,400 neighborhoods in the New York City metro area, including the Bronx.

Chase Community Managers Focus on Solutions

Each Community Center has a Community Manager on site. Working closely with neighborhood leaders and businesses, they focus on understanding the challenges each community faces and then designing programs to address those challenges though a variety of ways, including:

• Hosting financial health workshops on topics such as budgeting, credit and homeownership, for both individuals and groups
• Offering complimentary one-on-one mentorship support to help local entrepreneurs grow, start or expand their small business

Community Center branch programming is open to Chase customers and non-customers alike.
In addition, Chase is hiring Community Private Client Advisors, a new role created to help people who want to invest, but don’t know where to begin. Community Private Client Advisors work closely with Community Managers to host complimentary workshops focused on helping current and prospective clients understand the fundamentals of investing.

The new Community Center represents an investment of $5 million. To build this location, Chase contracted Excel Construction, a local minority-owned construction firm. Construction is already underway in Brooklyn and the firm expects to open the branch by end of the year.

Powering New York City’s economy for more than 200 years

The Community Center investment is just one of the many ways JPMorgan Chase is helping expand access to opportunity for more New Yorkers.

The firm recently celebrated the topping out of its 1,388-foot, state-of-the-art headquarters at 270 Park Avenue in Manhattan. The 60-story building will be home to 14,000 employees when it opens in 2025. The firm is also making a significant investment to help improve the city’s infrastructure and transit system and working closely with the Metropolitan Transportation Authority.

JPMorgan Chase serves New York City consumers and small businesses through more than 290 Chase branches across all five boroughs, with nearly 40 of those branches offering complimentary workshops, skills training and support for small businesses. The firm has invested over $4.8 billion in community development and financed more than 58,000 affordable homes in New York City.