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LISC and the Kinder Institute Release Report On Housing & Resiliency In Houston

   

LOCAL INITATIVES SUPPORT CORPORATION AND THE KINDER INSTITUTE FOR URBAN RESEARCH RELEASE REPORT ON HOUSING AND RESILIENCY IN HOUSTON

Report highlights learnings from the March 27th “Building a More Resilient Housing System” event, sponsored by JPMorgan Chase & Co.

June 27, 2018 – Today, the Houston office of Local Initiatives Support Corporation (LISC) and the Kinder Institute for Urban Research released a report highlighting key learnings and strategies from the “Building a More Resilient Housing System” event held on March 27th, 2018. The event explored how Houston is addressing the recovery from Hurricane Harvey, how other cities and regions have responded to acute disasters, and the strategies they are pursuing around long-term resilience planning.

“The report shows that creating a resilient housing system is going to have to happen at multiple scales—the home, the neighborhood, city, and region—and that it will need to include the entire community,” says Kyle Shelton, Director of Strategic Partnerships at the Kinder Institute. “Residents, local officials, businesses, and non-profits have to work together to create effective plans and see them put into place.”

The Building a More Resilient Housing System event report highlights five key themes that were raised throughout the March 27th discussion – moving towards action, the need for community empowerment and education, how to finance housing recovery, the importance of equity, and planning for the future – and key strategies for moving each of these themes forward. The report broadly underscores the need to use Hurricane Harvey to reexamine and improve our systems from preparation and mitigation to response and recovery to long-term development so that we plan intelligently for the future.

“This report showcases the opportunities for Houston as we recover from the devastation of Hurricane Harvey,” says Amanda Timm, Houston LISC Executive Director. “We can become a truly resilient city, but as this report underscores it requires hard work, innovative ideas and active community engagement.”

Both the event and the corresponding report were funded by JPMorgan Chase & Co.

“The report gives clear and actionable guidance for building a resilient housing system for Houston,” said Carolyn Watson, vice president of Global Philanthropy for JPMorgan Chase & Co. “This strategy will allow Houston to remain an economically thriving city with opportunities for all.”

About the Kinder Institute

The Kinder Institute for Urban Research is a multi-disciplinary “think-and-do tank” housed on the Rice University campus in central Houston, focusing on urban issues in Houston, the American Sun Belt and around the world. Through informed research, data and policy analysis, the Kinder Institute hopes to engage civic and political leaders to implement solutions to critical urban issues. For more information on the Kinder Institute, visit kinder.rice.edu

About Houston LISC

Houston LISC is a local office of Local Initiatives Support Corporation (LISC), the nation’s largest community development support organization. With residents and partners, LISC forges resilient and inclusive communities of opportunity across America- great places to live, work, visit, do business and raise families. For over 29 years, Houston LISC has invested more than $274 million in Houston communities, leveraging an additional $742 million. This investment has created more than 8,200 affordable homes and apartments and 1.4 million sq. ft. of commercial, community and educational space, as well as helped thousands of people improve their financial health and strengthen their neighborhoods. For more information, visit www.lisc.org/houston.

About JPMorgan Chase & Co.
JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $2.6 trillion and operations worldwide. The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. A component of the Dow Jones Industrial Average, JPMorgan Chase & Co. serves millions of consumers in the United States and many of the world's most prominent corporate, institutional and government clients under its J.P. Morgan and Chase brands. Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com.

Contact:

Rose Rougeau (Kinder)

(713) 348-4133

rose.rougeau@rice.edu

Clare Duncan (LISC)

(713) 597-6843

cduncan@lisc.org

Greg Hassell (JPMorgan Chase & Co.)

(713) 216-5009

greg.hassell@chase.com