[bright music]

Wendy Armendariz:

We're here to meet the needs of our community, and we're always standing, leading forward, to make sure that we respond to that need.

Annie Donovan:

Phoenix is a city that's full of surprises, where tradition lives side by side with innovation. Sort of like Phoenix, this oasis in the desert, RDF is a jewel. We're financing health, we're financing education facilities, we're financing housing. RDF is made of people who have lived experience. The reason that matters so much in this line of work is because it gives us empathy. And when you bring empathy into a relationship, it just deepens the level of trust. What's needed are resources, and if communities are properly resourced, they know how to create mobility for themselves and prosperity.

Wendy Armendariz:

I've always had a passion for health. Growing up, there was times in my family where we didn't have healthcare coverage. And so that always drew me to think of, “Wow, that's one of the core things that you need.” Neighborhood Outreach Access to Health (or NOAH) is a special place because we welcome everybody. Doesn't matter background, doesn't matter finance, education, nothing. Everyone can come and receive medical, dental, behavioral health services, so that we know you have good care and that you're going to have a healthy, long life. Since I joined NOAH in 2012, we were serving 2,000 unique patients. In 2024, we're serving 50,000 unique patients. Those are seniors, those are children, those are families that now have access to care that if NOAH wasn't here, they would not have.

[clapping]

Gwen Relf:

Rehoboth is a community development corporation. A community development corporation affords us to be able to develop affordable housing and also to help with economic development projects in a given area. Our core mission is to try to bring about equity and leverage health and wellness within a community holistically. One recent development is Rehoboth Place II. Rehoboth Place II is a 66-unit affordable housing complex. We have refugees, we have seniors, families, we have a ton of children, tons of children.

Stephanie Cleveland:

Hi, I'm Stephanie Cleveland. Take one.

[clapboard claps]

Crew Member:

So I'm wondering if you could…

Stephanie Cleveland:

Oh, that's my daughter.

[laughter]

That's my daughter, Taylor. Previously where I lived, I didn't have a sense of community. I didn't know my neighbors or anyone. But at Rehoboth Place, I actually feel a sense of community. We're kind of like a family, we all come together at different events. Number one event is Superpower Coffee Hour. And that's where we come together and we play games. And I'm very competitive and I love to win. And I also am a part of the walking club. Rehoboth Place is a big part of my life as far as having friends.

Dr. Tiffany Davis:

Mountain Park is a nonprofit community health center. We serve about 115,000 patients a year. About 60% of them are considered low-income or underserved. So if the walls of our clinics could talk, I think before they spoke, they would smile. Generations have come through our clinics, so there's a lot of family. There'd be a lot of laughter, conversations that involve empowerment, and encouragement to a lot of families.

Annie Donovan:

If these walls could talk, they would say, “momentum.”

Gwen Relf:

They would say, “serene.”

Stephanie Cleveland:

They would say, “faith.”

Wendy Armendariz:

Dirían "Vida."

[They would say, "Life."]

Dr. Tiffany Davis:

If these walls could talk, they would say, “legacy.” Because family is everything.

Narrator:

J.P. Morgan Community Development Banking understands that the buildings we invest in are more than just four walls. They are you. They are us. They are Phoenix.

Phoenix is among the country’s largest metro areas, and it’s still growing fast.1 The region’s challenge: ensuring the many communities that make up the Valley of the Sun—long-term residents and newcomers alike—can thrive. It takes thoughtful development led by organizations that are part of those communities and understand the  unique needs. 

Since 2019, we’ve invested more than $120 million in support of Phoenix community development organizations with deep connections to the communities they serve. Our investments include: 

  • $100 million to develop and finance more than 860 affordable rental units
  • $20 million in New Markets Tax Credit equity investments in health care centers and other facilities providing essential community services   

Our Community Development Banking and Agency Lending employees work closely with local Phoenix community development organizations to support transformative, community-driven development. 

“If communities are properly resourced, they know how to create mobility for themselves and prosperity.” —Annie Donovan, President & CEO, RDF

 


Hear directly from Phoenix residents whose lives have been transformed through these investments, and the people leading these life-changing projects. 

The walls are talking across the country.

          

JPMorgan Chase Bank, N.A. Member FDIC. Visit jpmorgan.com/commercial-banking/legal-disclaimer for disclosures and disclaimers related to this content.

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