Bank announces $1.1M in grants for nonprofits

DETROIT (AP) - Detroit nonprofits are getting $1.1 million in grants to help improve neighborhoods, encourage small businesses and train workers.

The funding was announced Tuesday by Chase, the U.S. consumer and commercial banking brand of JPMorgan Chase & Co.

Chase says the two largest grants are $245,000 to Southwest Solutions and $230,000 to Vanguard Community Development Corp.

Those grants aim to help Detroit neighborhoods and improve foreclosure counseling efforts.