|
|
Article: Boys and Girls Clubs to add 3 Clubhouses with financing from JPMorgan Chase, LISC.
- Article from:
- Business Wire
- Article date:
- August 2, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
PHOENIX -- Thousand more children will be served by the Boys and Girls Clubs of Metropolitan Phoenix, thanks to the addition of three new clubhouses, financed by JPMorgan Chase and the Local Initiatives Support Corporation, better known as LISC. In the last three years, JPMorgan Chase has lent and invested more than $240 billion in low- and moderate-income communities and small businesses across the United States, part of a 10-year, $800 billion commitment.
"The financing, taking advantage of the New Markets Tax Credit program, lets us start building these new clubhouses now, instead of waiting for us to collect on the pledges from our capital campaign," said Amy ...