The real estate industry has long had a whiteness problem. An emerging developer of color challenges the state to help fix the appraisal gap and other injustices.
JPMorgan Chase will contribute $20 million to organizations and projects focused on economic mobility and housing equity in Baltimore, the New York-based bank announced at a Wednesday news conference. The funds come as part of a $75 million commitment, in philanthropic capital and flexible, low-cost loans, to addressing racial wealth disparities across the Greater Washington .