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Stock impact report

Chase gives big for affordable housing and small businesses in the Bronx [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
From connecting small businesses with support and funding so they thrive to helping them connect to victims of domestic violence with housing they can afford, it takes a village to make it happen. Mini elephants will fall from the sky in Brooklyn's Dumbo Drop And It's all happening in the Bronx. Franco Palonba, a 28-year-old from the Bronx, moved into a new affordable apartment back in July, and he says it has completely transformed his life. Palonba now lives on East 162 Street in the Melrose section of the Bronx. His new building, Melrose North, has 171 units of affordable housing. Antonio Lopez, 76, also moved in. Lopez says he lived in a homeless shelter for three years before moving in. Residents have to apply for lotteries on Housing Connect to get affordable apartments. David Walsh, a Managing Director of JP Morgan Chase, says every resident here has a story of transformation. Palonba says he still has to pinch himself that he lives here. He was one of the first re Show less Read more
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