LA cityscape

The Evermont project, located on a lot that has been vacant since the 1992 Los Angeles uprising, will deliver affordable housing units, retail space and a nearby charter school to the local community. Cécile Chalifour, West Regional Manager, Community Development Banking for JPMorgan Chase, spoke to Commercial Observer about the importance of the project, plus:

  • The benefits of collaborating with multiple entities, including BRIDGE Housing and the Coalition for Responsible Community Developers, to bring affordable housing projects to fruition
  • Construction timelines and other common challenges for affordable housing developers
  • The firm’s work—both inside and outside Community Development Banking—to finance affordable housing deals nationwide

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