Company: J-P-Morgan
Date: 2019-07-28
Overall rating: 5/5
Employment status: current

Financial Controller
Pros: Collaborative Community Development Financial Institutions (CDFIs) Partnerships: Too often, projects that can provide essential economic resources and social services to distressed neighborhoods are unable to qualify for traditional financing. PRO Neighborhoods aims to break down this barrier by providing regional CDFIs with necessary capital that encourages them to work together so they can pool resources and expand lending activities for building health and education facilities, opening retail centers and supporting community services in area neighborhoods.
Cons: N/AAffordable Housing Seed Capital: As public subsidies for housing decline, there is a critical need to identify new and innovative financial tools to help make affordable housing more widely available. PRO Neighborhoods will support the development and preservation of housing for low- and middle-income families. This resource will provide critical seed capital to enable local partners to acquire, refurbish, and provide affordable housing in communities that are at risk of gentrification.