THE WEEK ON THE WEB : FEB. 16 - 22
JPMorgan Chase commits $15M for development in Detroit neighborhoods
Chase is committing $15 million for economic development in 10 Detroit neighborhoods targeted by the city's Strategic Neighborhood Fund.
The New York City-based bank is providing a $5 million grant for the city's $130 million Strategic Neighborhood Fund 2.0 launched in April and $10 million for low-cost loans, 70 percent of which must be used for projects within the SNF footprint.
The grant and loans, to be ad...