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South and West Chicago to receive $40 million investment from Chase

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According to the Chicago Tribune, JPMorgan Chase will invest $40 million to Chicago’s South and West neighborhoods. The 3-year initiative is designed to help stimulate the economy of those neighborhoods as a means to combat crime and violence. Grants will be given to community groups with programs that focus on job training, small businesses expansion, neighborhood revitalization and personal financial health.

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South and West Chicago to receive $40 million investment from Chase