Ending HomelessnessHousingNewsPress Releases

JPMorgan Chase Commits $1 million to The Way Home to Fight Homelessness in Houston

October 20, 2016

Houston Mayor Sylvester Turner today announced a $1 million grant from JPMorgan Chase to support Houston’s ambitious efforts to end chronic homelessness through The Way Home, the collaborative model to prevent and end homelessness in Houston, Pasadena, Conroe; and Harris, Fort Bend, and Montgomery Counties. The award makes JPMorgan Chase the first corporate donor to support The Way Home’s development of Permanent Supportive Housing for homeless Houstonians.

The Way Home has now raised $7 million toward its $15 million goal to finish creating 2,500 units of housing for chronically homeless individuals. Chronically homeless individuals are those who have been homeless for a year or more and have a disabling condition.

“JPMorgan Chase’s support is more than just a grant, and it’s more than just about getting the homeless off our streets. It’s an investment in solving homelessness and changing the lives of homeless Houstonians,” said Mayor Turner. “The Houston region is on track to end chronic homelessness, but we need the community’s support to cross the finish line.”

Click here to read the full press release.