Fort Lauderdale, FL – JPMorgan Chase & Co announced today that it is investing $240,000 in the Greater Fort Lauderdale Alliance Foundation to improve employment opportunities in six Broward County zip codes that have the highest rates of unemployment and poverty.
The two-year investment will help hire a program officer to create an inventory of workforce training and jobs available in those zip codes, as well as to identify other supportive services such as childcare and transportation. They will work with community leaders and local businesses in these areas to ensure these services are better coordinated and residents are better informed about the available services.
The investment is a result of findings and recommendations from the 2016 Greater Fort Lauderdale Alliance Workforce Skills Gap Study, also funded by JPMorgan Chase. The group found that the top challenges residents face are:
- Lack of available of training in the distressed areas
- Lack of access to supportive services such as childcare
- Difficulty securing transportation to get to and from school or work.
They also found that while there are many services in Broward County that are in place to help residents in these communities, their efforts are not well coordinated. There is also a general lack of knowledge among residents about what resources are available and how they can fully take advantage of them.
“Our goal is not to just help individuals, but to be the catalyst for creating system-wide changes in these neighborhoods where nearly half of children are living in poverty,” said Lisa Anderson, Broward Market Executive for Chase Middle Market Banking. “We believe every Broward resident should have a pathway to prosperity and a chance at success, and this is one way we are helping to make this happen.”
“Communities across the nation are facing the challenge of ensuring all residents have the educational and training opportunities to fulfill their best potential,” said Bob Swindell, President and CEO of the Greater Fort Lauderdale Alliance. “Broward County is on the leading edge of addressing this issue in some of our most challenged areas, and this investment by JPMorgan Chase will help us make a difference for the most vulnerable members of our community.”
“We sincerely thank JPMorgan Chase for this investment, which aligns perfectly with the goals of the Alliance Foundation, which is to create a pathway to prosperity for all Broward residents,” said Swindell.
For more information and to stay informed on updates regarding this investment, visit www.gflalliance.org/foundation