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Sam Hairston:
[weeping] Sixteen years ago, I was addicted to crack cocaine, and I was homeless. They gave us a bus ride over to get something to eat, and that was the first meal I had had in probably a week, and that was the beginning of my journey to recovery.
[bright uplifting music]
Harold Pettigrew:
Washington, D.C., is a beautiful place where people from all stripes, from across the world have come here to pursue their passions, to start families, to dream as big as you want. Our organizations are groups of people leading institutions that are all committed to making sure that capital is being deployed in communities where it's needed most. We are there day in and day out, making sure that people have the ability to pursue the "American dream" because for each and every one of us, it's home.
Phuc Tran:
Yeah, you're right.
[cast member laughing]
Take one.
[laughing] I had actually grown up in affordable housing in Oklahoma. And so I wanted to do something that would be meaningful, and then over time, joined Jair Lynch. We're a mission-driven organization, and try to create impact in the community; whether it's building new affordable housing, preserving old affordable housing, or preserving historic buildings. We're trying to create buildings that are not only the best in architecture, the best in sustainability, but also speak to the needs of the community.
Buwa Binitie:
I've always, you have no idea how much I've always wanted do this. Buwa Binitie, take one. We develop housing for people of modest means. We're going to ensure that they have way more disposable income to live in the city without having to spend more than 50% on housing. If we're able to play our part in lowering that burden, that breathing room gives you the opportunity to achieve peace. And if you're constantly on the grind, and you're constantly in the rat race, there's no way you can be a better version of yourself. It's not going to happen. We need to work harder in ensuring that people achieve peace.
[soft gentle music]
Sam Hairston:
October 16th, 2008, I found myself standing in line at a homeless shelter, and that was the first meal I had had in probably a week. I don't know who the nice lady was. [voice cracking] I just remember being so grateful for somebody showing me some love and kindness that day. I went to treatment. When I came out, there was a place for me at SOME, and that's how I found safety and stability. Fifteen years later, I'm gainfully employed with three degrees. I wrote a book, got my life back, and I keep trying to make it better every day.
Buwa Binitie:
If these walls could talk, they would say peace.
Phuc Tran:
They would say impact.
Harold Pettigrew:
They'd say home.
Sam Hairston:
If these walls could talk, they would say safety.
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 Washington, D.C.
[soft gentle music]
END
Washington, D.C. boasts the second-highest median household income among major U.S. metropolitan areas.1 But a D.C.-wide view masks deep divides in financial health and opportunity. Residents in the city’s Northwest quadrant have an estimated median net worth 65 times greater than their neighbors in Southeast D.C.2
To help bridge these gaps, we’ve invested more than $1 billion in community development organizations since 2019 to build a more vibrant, equitable D.C. This includes:
Our 14 local Community Development Banking and Agency Lending employees collaborate with D.C. community development organizations to deliver tailored solutions that uplift communities.
“We’re walking the walk in D.C., supporting communities with innovative products and services and collaborating across the firm to meet people’s needs in a genuine and meaningful way.”
Brett Macleod
Community Development Real Estate, East Region
| 1:14
Meet Buwa
Dantes Partners and Dumas Collective housing gives residents peace
| 1:14
Meet Buwa
Dantes Partners and Dumas Collective housing gives residents peace
Buwa Binitie:
What Dumas is, it's an amalgamation of various companies that partake in the housing role, creating homes for people of modest income. Let's focus on how people's lives are truly transformed with the housing that we provide. I'm also African American, right, in this space. And I'm in a space where you can almost count on one hand the number of firms like mine that do the stuff that we do. And I bet you if you surveyed a whole bunch of Black kids right now and asked them about real estate, they don't even know that the buildings they reside in is owned by an individual. So part of my purpose right now is to let folks know that, "Look, what other alternative does that young man have?" He only sees one type of man. I think you owe it to the young men and young boys in your community to give them a different version of what they're used to seeing. That way they can make a decision of which man they want to be, that's why we exist today. If these walls could talk, they would say peace.
[bright uplifting music]
END
| :55
Meet Sam
SOME helped Sam achieve recovery, safety and stability
| :55
Meet Sam
SOME helped Sam achieve recovery, safety and stability
Sam Hairston:
SOME stands for So Others Might Eat. It's a supportive service organization, and I am a grateful beneficiary. [weeping] Sixteen years ago, I was addicted to crack cocaine, that's how I started my journey of recovery; I found safety and stability. I could focus on getting my life back. Fifteen years later, I'm the senior minister for Better Living Kingdom Ministries. We now are working on our own supportive housing program for LGBTQ youth in the D.C.-Baltimore area. I know that I'm a part of this process, and that gives me a lot of hope. I've moved from homelessness, to a safe and secure place, to owning my own home today. If these walls could talk, they would say safety.
[bright uplifting music]
END
| :43
Meet Harold
Opportunity Finance Network expands access to catalytic capital
| :43
Meet Harold
Opportunity Finance Network expands access to catalytic capital
Harold Pettigrew:
The Opportunity Finance Network, it's a network of organizations that we represent, focused on community and capital. For OFN's history and its longevity, its membership has deployed over $110 billion. You think of the people behind each and every dollar, that's what's most important: capital flowing into communities, entrepreneurship, jobs, housing, because for each and every one of us, it's home. If these walls could talk, they'd say home. They'd say home because it's the one thing that we all care about, the one thing that we all fight for, the one thing that we all have in common, it's home.
[bright uplifting music]
END
| :41
Meet Phuc
Jair Lynch develops high-impact, community-driven housing
| :41
Meet Phuc
Jair Lynch develops high-impact, community-driven housing
Phuc Tran:
So I work for a company called Jair Lynch Real Estate Partners. We're a very collaborative company, and we're constantly meeting with neighborhood organizations, with the residents, with local leaders, trying to create buildings that speak to the needs of the community. And one of the things that we're particularly proud of is we were able to create units that were smaller than your typical apartment building, but it allows us to keep the price down. I'd grown up in affordable housing in Oklahoma. And so when I thought about professions, I wanted to do something that would be meaningful. If these walls could talk, they would say impact.
[bright uplifting music]
END
JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/cb-disclaimer for disclosures and disclaimers related to this content.
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