"The announcement made at a JPMorgan Chase-sponsored Axios event in Atlanta where policymakers, business leaders and community groups discussed housing challenges and solutions builds on the company's already-extended $5 billion in debt and equity for affordable housing in the first three quarters of 2025 The initiative focuses on strategies such as innovative construction models, financing solutions, rental unit preservation and home improvement support for low- and moderate-income families."
"At JPMorganChase, we know that housing is at the root of local economic growth and homeownership is key to building generational wealth. For communities to thrive, people must have a safe, stable place to call home, said Tim Berry, JPMorgan Chase's global head of corporate responsibility and chairman of the mid-Atlantic region. Leveraging our business, philanthropic, and policy resources, we're helping to break down barriers to housing production by advancing practical, community-driven solutions, he added."
JPMorgan Chase announced an initiative building on $5 billion already extended in debt and equity for affordable housing in the first three quarters of 2025. The initiative prioritizes innovative construction models, new financing solutions, preservation of rental units, and home improvement support for low- and moderate-income families. The effort complements a broader affordable housing strategy and philanthropic investments that supported creation and preservation of more than 85,000 affordable units over five years. Since 2021, the firm financed over 410,000 affordable units and provided more than $50 billion for related projects. The company emphasizes homeownership as essential to generational wealth and calls for streamlined regulations.
Read at www.housingwire.com
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