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                About

                Partnerships for Raising Opportunity in Neighborhoods (PRO Neighborhoods) is a $125 million, five-year initiative to provide communities with the capital and tools they need to support locally-driven solutions and address key drivers of inequality across the country. JPMorgan Chase recognizes that thriving neighborhoods are critical to the long-term economic success of individuals, communities and cities.

                At a time when economic growth is often directed toward reviving commercial corridors and downtowns, many neighborhoods, families and small business owners are being left behind. As several key barriers to economic mobility are rooted in neighborhood conditions, cities need tailored, comprehensive strategies for economic growth that ensure opportunities to prosper are extended to distressed neighborhoods and the families that live there.



                PRO Neighborhoods CDFI Competition

                2019 Competition closed April 22, 2019

                The PRO Neighborhoods Competition will make investments up to $5 million to Community Development Financial Institutions (CDFIs) that come together with a comprehensive, strategic vision for the community.

                WINNERS OF THE 5TH PRO NEIGHBORHOODS COMPETITION

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                • Kensington del Corazón Collaborative

                  PHILADELPHIA, PENNSYLVANIA

                  $5 million award

                  • Philadelphia Local Initiatives Support Corporation
                  • Impact Loan Fund
                  • Financing and Technical Assistance
                  • Community First Fund

                  Will support small businesses through capital
                  and coaching, mixed-use property development
                  and pathways to homeownership and affordable
                  rental housing options. The mission is to layer
                  community engagement, resident, entrepreneur
                  and developer capacity building, and
                  complementary CDFI products and services.

                • Fresno Community Capital Collaborative for Economic Mobility

                  FRESNO, CALIFORNIA


                  $5 million award

                  • Central Valley Community Foundation
                  • Fresno Community Development Financial Institution,
                    dba Access Plus Capital
                  • The Northern California Community Loan Fund
                  • Opportunity Fund

                  Will help lift Fresno residents and businesses out of
                  poverty by turning local neighborhood organizations
                  and minority-serving small business programs, who
                  are the front line of contact with residents,
                  property owners and potential entrepreneurs and
                  micro-developers, into pipelines for CDFI lending
                  and technical assistance. They will tackle small
                  business lending and provide capital for affordable
                  housing and community-serving facilities.

                • Brew City Match

                  MILWAUKEE, WISCONSIN


                  $3.5 million award

                  • Local Initiatives Support Corporation
                  • Hmong Wisconsin Chamber of Commerce
                  • Columbia Savings and Loan Association
                  • Wisconsin Women's Business Initiative Corporation
                  • Milwaukee Economic Development Corporation

                  Will launch a competitive process through which
                  small businesses and property owners will
                  receive financial and technical assistance,
                  blighted commercial properties become activated
                  and vibrant commercial corridors are created to
                  attract customers.

                • Claiborne
                  Corridor Community
                  Development Plan

                  NEW ORLEANS, LOUISIANA


                  $1.1 million award

                  • HousingNOLA
                  • New Corp
                  • Lift Fund

                  Will create a unified loan fund to provide a
                  range of financing and training to increase the
                  production and supply of affordable housing,
                  meeting the housing needs for a broad range
                  of residents while retaining the community’s
                  culture. This includes working with
                  small-to-medium, minority-and-women-owned
                  construction contractors, property owners and
                  developers to build the capacity of local talent.

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                Woodlawn Involuntary Displacement Strategy
                Lead Partner: Chicago Community Loan Fund
                Chicago, IL

                Equitable Development in Southern Dallas
                Lead Partner: Real Estate Council Community Fund
                Dallas, TX

                STL Equitable Neighborhood Development Plan
                Lead Partner: Rise Community Development
                St. Louis, MO

                An Equitable Housing Implementation Plan
                for the Expansion of South Florida's Tri-Rail Coastal Link

                Lead Partner: BHP Community Land Trust/South Florida Community Land Trust
                South Florida, FL

                Pathways Home: A Neighborhood-Based Inclusive
                Development Plan for Upham's Corner

                Lead Partner: Dorchester Bay Economic Development Corporation
                Boston, MA

                Capital Access Plan for Equitable Development in Southwest Philadelphia
                Lead Partner: PIDC Community Capital
                Philadelphia, PA

                Seattle CID Building Rehabilitation
                Financial Options Collaborative

                Lead Partner: Chinatown International District Preservation and Development
                Seattle, WA

                Affordable Housing Preservation Planning Initiative
                Lead Partner: Jubilee Park & Community Center Corporation
                Dallas, TX

                North Hartford Neighborhood Improvement Initiative
                Lead Partner: Community Solutions International
                Hartford, CT

                Planning for Equitable Development
                Lead Partner: East Baton Rouge Redevelopment Authority
                Baton Rouge, LA

                PRO Neighborhoods Planning
                Lead Partner: Local Initiatives Support Corporation
                Greater Newark, NJ

                Little Haiti Community Capital Plan
                Lead Partner: Little Haiti Housing Association
                Miami, FL

                Planning for Small Business Lending Needs
                in the San Diego Promise Zone

                Lead Partner: Jacobs Center for Neighborhood Innovation
                San Diego, CA

                West End Neighborhood Revitalization Project
                Lead Partner: Carolina Small Business Development Fund
                Charlotte, NC

                Our Stories

                Here Comes the Neighborhood

                How a new model for local investment has Chicago’s South Side on the move.

                How Small Businesses are Thriving Amongst Gentrification

                Small businesses are the lifeblood of their communities.

                How to Bring Back a Crumbling Neighborhood

                Keona Tate saw promise, where many could not.

                Economic Stimulus for Often-Neglected Communities

                Thriving neighborhoods are critical to the long-term economic success of individuals, communities and cities.

                Bridging the Divide in Washington D.C.

                Will a $50 million elevated park unite Capitol Hill and Anacostia?



                PRO Neighborhoods & Partners
                Work To

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                Affordable Housing

                Acquire and refurbish affordable housing so that more families can put down roots.

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                Thriving Local Businesses

                Develop retail centers, invest in small businesses and support minority and women entrepreneurs.

                Fund education initiatives icon

                Community Services

                Fund childcare centers and health clinics so families can access critical services close to home.

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                Healthy Food

                Finance the development of affordable grocery stores so families won't have to travel far for good nutrition.

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                Access to Education

                Invest in training and apprenticeship programs as well as charter schools.

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                Banishing Blight

                Restore beauty to distressed communities by removing run-down buildings and rehabilitating others.

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