These wealth-building orgs just got $7M to boost Black and Latinx West Baltimoreans

Baltimore, Maryland, USA Inner Harbor Skyline Aerial.

Hear “wealth” and you might imagine a life of excess. But it’s also about household and community stability, and revitalization.

Over the next three years, financial firm JPMorgan Chase has committed $7 million to wealth-building organizations POWER: Prioritizing Our Women’s Economic Rise Collaborative and Parity Homes.

In total, JPMorgan Chase is committing $20 million to Baltimore City as part of a broader $75 million, five-year commitment to the Greater Washington region. Its goal is to close the racial wealth divide in the United States that leaves just 40% of Black families owning homes, as opposed to 73% of white families.

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Technically Baltimore: Baltimore Homecoming’s Amplify 2022 is winding down, but it saved the tech for last

May 15, 2022
Since Wednesday, local economic and civic booster organization Baltimore Homecoming has been gathering the city’s most accomplished natives and expats for panels and curated field trips as part of Amplify...
Baltimore, Maryland, USA Inner Harbor Skyline Aerial.

Maryland Inno: Catalio Capital Management raises $381M fund — its largest yet

May 14, 2022
Life sciences investment firm Catalio Capital Management has raised nearly $400 million for its next fund, its third and largest venture fund yet. Read the full article here.

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