Austin Weekly News 070721

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New federal map illustrates broadband inequities

Vol. 35 No. 27

July 7, 2021

austinweeklynews.com

Also serving Garfield Park

@AustinWeeklyChi

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Ollie ll Woods d to start a school, page 6

JPMorgan Chase to invest $150 million in South, West sides Bank looks to expand low-cost loans for homeowners and businesses By IGOR STUDENKOV Contributing Reporter

JPMorgan Chase will spend $150 million in grants and loans to encourage economic development on the South and West sides, the bank announced recently. The initiative builds on an earlier, $50 million investment the bank announced in 2017. Charlie Corrigan, head of Midwest philanthropy at Chase, said that money has been spent and they wanted to triple their commitment. While Chase doesn’t have any specific targets for how much of the money will be spent on the West Side, Corrigan said that they were happy with what they were able to do with West Side nonprofits in the past, and are interested in developing partnerships with West Side organizations they didn’t work with before. JPMorgan Chase currently has a limited physical presence on the West Side. It has branches in West Humboldt Park, at 4440 W. North Ave., at 1851 N. Cicero Ave., and inside the Near West Side Pete’s Market location at 2317 W. Madison St. Corrigan said that the $150 million investment will be spread over the next few years. At least two-thirds of the fund, or around $100 million, would be used for grants to nonprofit organizations, and the remaining third would See JPMORGAN on page 3

PHOTO BY MELISSA ELSMO

VIBE BOUQUET: Blossoming business (from left): Student leaders Kyndra Washington, 14, Neveah Hester, 16, and Azariah Baker show off an assortment of cut flowers and house plants available at Austin Harvest.

Harvest Market raises $670K in SCORE radiothon donations Youth led produce market in Austin to build brick-and-mortar

By MELISSA ELSMO Oak Park Eats Editor

Just one year ago, Rodney Williams, director of entrepreneurship and development at By the Hand Club for Kids, 415

N. Laramie, was sitting in a peace circle with a group of frustrated youth. In the wake of George Floyd’s murder area protests led to some violent unrest in Austin and left participants in By the Hand’s afterschool program concerned for their

S W E N LASH! F

community. “They were voicing frustration,” said Williams. “They were seeing unrest in their community and were also grappling with COVID-19 lockdowns and virtual See MARKET on page 9

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