Chase offers $5,000 homeownership grants in 180 minority neighborhoods in Baltimore

The Chase Home Lending of JPMorgan Chase is offering $5,000 grants to home buyers in 180 Baltimore-area neighborhoods identified as majority Black. The grants can go toward closing costs and down payments to buy homes in communities with low rates of homeownership and wealth creation, Chase said. Chase said it’s aiming to help close the racial wealth gap by offering grants in 6,700 communities nationally that the U.S. Census has identified as majority Black.