JPMorgan Chase today announced the creation of AdvancingCities, a new $500 million, five-year initiative to drive inclusive growth and create greater economic opportunity in cities across the world. AdvancingCities applies insights from JPMorgan Chase’s proven model for impact in Detroit, Chicago and Washington, D.C., and combines the firm’s lending capital, philanthropic capital and expertise to make investments in cities. 

https://www.marketwatch.com/press-release/jpmorgan-chase-launches-advancingcities-a-500-million-initiative-to-create-economic-opportunity-in-cities-2018-09-12