Katie Lamont:

Alright.

Rebecca Foster:

Ripple.

Delbra Taylor:

Freedom.

Cynthia Wilbur:

Food and family.

Alethia Johnson:

It’s my sanctuary. It’s my safe space.

Katie Lamont:

They would say you belong.

[bright music]

Crew:

Delbra Taylor, take one.

[clapperboard snaps]

Delbra Taylor:

OK. I, at one time, was homeless. So, therefore, being in your own place makes a difference. I'm able to cook when I couldn't. I can get up and get dressed when I want to.

[giggles]

So, all of that comes to that word, freedom. I’m able to do what I want, when I want.

Crew:

You hold that. Say “Take one.”

Rebecca Foster:

Take one.

[clapperboard snaps]

96% of people who have been experiencing housing instability and then have that stable home, 96% of them stay housed. It’s hard to grapple with the scale of the challenge of homelessness. But when you actually see the individual cases of what that housing stability can do for each person’s life, [it’s] pretty incredible. Like, how could we not be investing meaningfully over and over again in that solution?

Crew:

And I’ll say go.

Alethia Johnson:

With that? Do I have to say the “take one” part? After having that stroke, I couldn’t… pull the gate back, open the door, push the button on this old pulley elevator. That’s not a good feeling to be just trapped like that. The new place now has [an] ADA-compliant elevator that opens kind of like the other elevators. So I have a little bit more freedom to move. I’ve been exploring because I can get out.

[giggles]

Because I’m not trapped, I can get out.

Crew:

[indistinct]

[clapperboard snaps]

Cynthia Wilbur:

You could call me Cindy. I like that it comes all the time, every week. And I like the delivery people, they’re really good. It has different cultural foods, too. Yes, it’s a good variety.

Katie Lamont:

Yeah, it’s hard to imagine what the city would be like without these affordable housing developments. We own about almost 5,000 homes and we house about 6,500 people. And we’re also enabling people to stay in the city. The city is incredibly expensive, there’s massive income inequality that’s reflected in the pricing of the housing, which is really essential that we provide housing that people, at all income levels, can afford.

Delbra Taylor:

If these walls could talk, it would say "Freedom."

Katie Lamont:

They would say, “You belong.”

Cynthia Wilbur:

Food and family.

Alethia Johnson:

It’s my sanctuary. It’s my safe space.

Rebecca Foster:

If these walls could talk, they would say, “Every home we finance creates a ripple impact to make this city and this region, this incredible, vibrant, diverse place that we all call home together as a community.”

Narrator: 

JPMorganChase Community Development Banking understands that the buildings we invest in are more than just four walls. They are you. They are us. They are the Bay Area. 

END

The San Francisco Bay Area is famous for innovation. JPMorganChase Community Development Banking empowers organizations applying that innovation to one of the region’s biggest challenges: making sure everyone has a voice in an inclusive, equitable and vibrant Bay Area.  

Since 2019, we’ve invested billions in community development organizations making a difference in Bay Area residents’ lives. That includes:  

  • $2.8 billion to develop and finance 6,892 affordable homes for renters—including permanent supportive housing for people who have experienced homelessness. More than 2 in 5 Bay Area renters were considered cost burdened in 2021, spending at least 35% of their income on housing.1 
  • $28 million in New Markets Tax Credit investments in facilities for organizations providing early childhood education, workforce development, food assistance and other essential community services.

That’s because we’re part of the Bay Area, too. Our 13 local Community Development Banking and Agency Lending employees work closely with community development organizations taking on the Bay Area affordable housing crisis to ensure our support evolves with the community’s needs. 

“Home is where we all should feel safe, replenish, create and enjoy our family and community. We don't just invest in buildings; we invest in dreams. We’re committed to the Bay Area, and we’re going to remain committed to the Bay Area. It is our home, too.” 

 

Learn more about our impact through the individual voices that make up the Bay Area

References

1.

Vital Signs, an initiative of the Metropolitan Transportation Commission and Association of Bay Area Governments

JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/cb-disclaimer for disclosures and disclaimers related to this content.

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