The Real Deal Miami

Chase donates 300 free, discounted SoFla homes

October 21, 2013 11:00AM

JPMorgan Chase Bank has sold at a discount or donated 300 corporate-owned homes in Broward and Palm Beach counties as part of the nationwide Community Revitalization Program.

Florida nonprofit housing providers, municipalities, veterans and community groups received 826 homes – a third of which went to South Florida. The bank has donated a total of $250 million in free or discounted homes in all but seven states in the U.S. About 5,300 homes have been a part of the program since it launched in 2009.

The Chase program aims to assist customers and communities in the wake of the housing crisis. [Sun-Sentinel]Mark Maurer