CHARLENE'S TUMBLR

Chase, the U.S. consumer and commercial banking business of JPMorgan Chase & Co., and Enterprise Community Partners have announced the opening of the 2009 Chase Community Development Competition.

Held in New Orleans for the second consecutive year, this real-estate design competition matches the practical design ideas of college students working in partnership with local nonprofits with the real-life community needs of low- to moderate income families in the Crescent City.

The winning teams will receive pre-development grants for the sponsoring nonprofit to assist in the implementation of the student’s design. The first-place entry will receive a $25,000 pre-development grant, the second-place design will receive a $15,000 grant, and the third-place winners will receive a $10,000 grant.

Any project completed during the 2009 academic school year will be eligible to compete. Project proposals must focus on New Orleans, and teams must partner with a local 501(c)(3) nonprofit organization. A university can have no more than two teams participating in the competition.

For further information, visit the Enterprise Community Partners Web site.