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Friday, May 17, 2024

Leaders of Influence: Banking & Finance 2024 – Cécile Chalifour

Custom Content by the Los Angeles Business Journal

CECILE CHALIFOUR
Managing Director; Head of West Region,
Community Development Banking
JPMorgan Chase

Cécile Chalifour wants to see a big wave of advocacy for affordable housing. As head of the West Region for Community Development Banking at JPMorgan Chase & Co., she works with partners across the spectrum to support the bank’s racial equity commitment by helping to build additional affordable housing units in the Western United States.

In her job in community development banking, Chalifour manages the company’s affordable housing platform for the Western US region, including construction and permanent financing for large multifamily apartment buildings. They provide the conventional debt in a public and private partnership. Her focus is on deeply targeted housing which is rent restricted and income restricted. Technically that means housing that is below 60 percent of an area’s median income. Overall, she’s proud of the work the bank is doing to help people and communities thrive.

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