FHDC receives grant award from NALCAB

With the generous support of JPMorgan Chase & Co. and The National Association for Latino Community Asset Builders (NALCAB), FHDC has been awarded $40,000 to develop and implement data and community-driven action plans for equitable neighborhood development.

Through the equitable neighborhood development action plans, FHDC’s housing development team will work to achieve goals including preventing involuntary displacement and increasing access to wealth generating assets for low-income communities through strategies that will explore a variety of affordable housing and/or commercial real estate development, policy development and advocacy, affordable housing and/or small business lending, housing services and programs, small business development, and community engagement.

“We, at JPMorgan Chase, are proud to partner with NALCAB to drive equitable neighborhood development through smart, collaborative and data-driven strategies,” said Michael George Johnson, Vice President and Community Development Program Officer. “Together, we’re working to make a measurable impact in the communities where we work and do business, driving change for those who need it most.”

The competitive grant was also awarded to the following organizations, who will convene as a cohort over the course of the next 18 months:

South Florida Community Development Coalition – Miami, FL

Latino Economic Development Center – Washington, DC

Avenue CDC – Houston, TX

Houston Area Urban League – Houston, TX

San Antonio for Growth on the Eastside – San Antonio, TX

Hispanic Economic Development Corporation – Kansas City, MO

Del Norte Neighborhood Development Corp – Denver, CO

La Casa De Don Pedro – Newark, NJ

New Economics for Women – Los Angeles, CA

Gracias JPMorgan Chase / NALCAB!

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