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    How do you breathe new life into a distressed neighborhood?

    In partnership with UNC's Center for Community Capital, JPMorgan Chase & Co. launched PRO Neighborhoods, a $125 million, five-year initiative to identify and support solutions for creating economic opportunity in disadvantaged neighborhoods around the country.

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    In partnership with UNC's Center for Community Capital, JPMorgan Chase & Co. launched PRO Neighborhoods on April 5th, a $125 million, five-year initiative to identify and support solutions for creating economic opportunity in disadvantaged neighborhoods around the country. The new initiative will invest in collaborative partnerships and innovative financial solutions to revitalize neighborhoods by growing small businesses, creating health and social service facilities, improving access to affordable housing and collecting better data to study changing neighborhood demographics.

    “PRO Neighborhoods identifies and implements effective strategies to assist low-and moderate-income families to become more financially stable and their communities to become more vibrant and economically inclusive,” said Roberto Quercia, DCRP Chair and Director, UNC Center for Community Capital. “The Center for Community Capital is pleased to contribute to JPMorgan Chase’s effort through our opportunity index, which will provide a deeper understanding of how place and opportunity intersect.”

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