Parity Homes, also known as Parity, is a West Baltimore company that rehabs abandoned properties to create affordable housing. The company recently received $2 million from JPMorgan Chase. Founder and CEO Bree Jones has joined Ignite Capital’s board and will chair its investment committee. Ignite Capital was launched by Innovation Works in 2020. Jones said she benefited from Innovation Works resources and Ignite Capital investment and noted she received a $25,000 Johns Hopkins University Social Innovation Lab award two years earlier. The article emphasizes Ignite Capital’s role in shifting systems and removing barriers that limit Baltimore’s social innovators.

Total raised

$2M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2022