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Client Stories

A Place to Call Home

Michael Taylor struggled after leaving the military. Now, with the help of JPMorgan Chase and Community Solutions, he has a new lease on life.


Born and raised in Washington, D.C., Michael Taylor talks about Northeast D.C. with a sense of pride. “I love the people here," he says. “Capitol Hill is just down the street."

But now, Taylor's found a place in the community. He lives at the John and Jill Ker Conway Residence, a 124-unit mixed income apartment building on North Capitol St., in Northeast D.C. Sixty of the building's units are set aside for veterans exiting homelessness, and the remaining 64 are reserved for low and moderate-income tenants. “It's a place where a lot of vets like myself are welcome," Taylor says.

A self-taught musician, Taylor and his band even play at the building's monthly summer cookouts. “Everyone loves it," he says, “I'm happy here."

In high growth cities like D.C., it's especially important that development efforts reach the most vulnerable residents—and that existing residents do not get displaced, but instead benefit from new growth. For this reason, JPMorgan Chase has committed $500 million over five years to expand affordable housing in the Washington D.C. area.

Helping to fund the John and Jill Ker Conway Residence was that part of that commitment. The building, developed by Community Solutions, a non-profit, and McCormack Baron Salazar, a developer, is one of D.C.'s largest permanent supportive housing developments for veterans exiting homelessness.

"It's an honor to support the Conway Residence that's providing D.C. residents with needed affordable housing and helping local homeless veterans who have protected our country," says Alice Carr, Head of Community Development Banking at JPMorgan Chase. “We're dedicated to working on important community development projects like this that are not only helping communities thrive, they're changing people's lives."

The District's Coordinated Assessment and Housing Placement (CAHP) system, which help identify and house those experiencing homelessness, matched Taylor with the John and Jill Ker Conway Residence shortly after it was completed in December 2016. “I feel secure again. I feel like I'm taking care of myself. I am taking care of myself," Taylor says.

Reminiscing about his earlier days as a bass player, Taylor thought his days performing in a band were behind him. “Now I have a roof to groove under," he smiles, “And I'm so thankful."

Commercial Real Estate Diversity and Inclusion Affordable Housing Alice Carr

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