JPMorganChase is expanding its commitments to increase housing supply and support greater housing affordability in Atlanta through $3.75 million in philanthropic contributions to five organizations: Atlanta Neighborhood Development Partnership (ANDP), Community Foundation for Greater Atlanta, Westside Future Fund, National Community Stabilization Trust and Local Initiatives Support Corporation (LISC) Atlanta. The contributions also aim to address heirs property challenges, which is a property rights issue that presents significant barriers to homeownership and generational wealth building.

As a part of the initiative, Westside Future Fund will receive $500K to support the organization’s strategy to ensure that legacy residents of Atlanta’s historic Westside can benefit from the community’s revitalization by expanding access to high-quality affordable housing, preventing displacement, and fostering economic mobility through holistic community investment. The grant will provide working capital and develop new digital resources to help residents prepare for and be aware of homeownership opportunities.

Visit the JPMorganChase website to view the full announcement.