It is with great honor that we recognize JPMorgan Chase as our Financial Partner of the Year, acknowledging the firm’s deeply rooted commitment to the highly challenging work of affordable housing finance.
Perhaps the most daunting aspect of building affordable housing is assembling a layered “capital stack” of funding from multiple sources, the critical initial step in turning our vision of beautiful, high-quality homes into reality. JPMorgan Chase’s expertise and support have been vital in overcoming these hurdles.
Their partnership was instrumental in the sweeping renovation of Cathedral Palms and in the creation of the beautiful Las Dahlias community in East Los Angeles. The depth of this partnership was particularly evident when JPMorgan Chase supported our innovative financing of Day Creek Village and our modular approach to building Dumosa Senior Village.
JPMorgan Chase consistently steps up – not just for National CORE but for countless other developers working to provide homes to underserved communities. Their values mirror our own belief that every person, regardless of circumstances, deserves a place to live with pride and security.
Together, we have created developments that are transformative – not only for the individuals who live in them but for entire neighborhoods. Stable, affordable housing lays the foundation for families to thrive and for communities to prosper, creating opportunities that extend far beyond financial investment.
As we present this award for Financial Partner of the Year, we extend our deepest gratitude to JPMorgan Chase for their partnership and their shared vision of a future where everyone has access to the dignity of a stable, secure home.