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JP Morgan’s $100 million investment in downtown Detroit could spur home value uptick

Half of the funding will go to community lending organizations to revitalize neighborhoods.

October 1, 2014

Financial giant JP Morgan is investing $100 million aimed at revitalizing Detroit’s neighborhoods near downtown. Half of the money will go to a pair of community lending groups to support the redevelopment of a ring of neighborhoods. The rest will be split among renovation of abandoned homes, jobs training, and investment in small businesses and city infrastructure.

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JP Morgan’s $100 million investment in downtown Detroit could spur home value uptick

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JP Morgan’s $100 million investment in downtown Detroit could spur home value uptick

Home Builders Institute's Schools to Skills Grant Application Open Through December

As Mortgage Rates Rise, Buyers Lose Purchasing Power

Renters Are Choosing Single-Family Homes for These Features

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