JPMorgan Chase & Co. has launched its fifth annual Partnerships for Raising Opportunity in Neighborhoods (PRO Neighborhoods) competition! This is part of a $125 million, five-year initiative to identify and support custom solutions for the unique challenges facing disadvantaged neighborhoods in U.S. cities.
OFN is hosting an information call on Tuesday, March 13 at 2:00pm ET with JPMorgan Chase to answer your questions on the program and RFP. Joining us on the call will be two two past winners, National Association for Latino Community Asset Builders (NALCAB) and 11th Street Bridge Park, to discuss best practices and lessons learned from equitable development planning.
This year's request for proposal (RFP) seeks strategies in which capital plays a key role in connecting vulnerable communities to greater opportunity. Specifically, JPMorgan Chase is soliciting proposals for two opportunities: "planning grants" to develop a capital plan that advances equitable development, and "capital grants" for communities looking to advance an existing equitable development plan. Applications from the full list of eligible markets are encouraged, but they are particularly interested in solutions in Atlanta, GA; Broward County, FL; Central Valley/Fresno, CA; Dallas, TX; Denver, CO; Houston, TX; Las Vegas, NV; Newark, NJ; New Orleans, LA; and Wilmington, DE.