Access to safe, stable, and affordable housing is foundational to thriving communities and economic opportunity. Many households across the U.S. struggle to find affordable homes, which limits worker mobility and strains local economies.
Over the past five years, JPMorganChase has focused on supporting innovative solutions that help reduce the costs to build and preserve housing. Leveraging our holistic firm resources—including our business, philanthropy, and policy expertise—we’ve supported the creation of more than 400,000 affordable housing units across the country since 2021, helping strengthen local housing markets and drive economic growth.
Affordable Housing Financing
An affordable and resilient housing market is essential to driving economic growth and opportunity. Through the firm’s Commercial Real Estate and Tax-Oriented Investment businesses, JPMorganChase has extended more than $5 billion in debt and equity for affordable housing in the first three quarters of 2025, which is expected to create nearly 39,000 affordable housing units across the U.S.
Philanthropy
On November 19, JPMorganChase announced more than $40 million in philanthropic funding aimed at helping to increase housing options across the U.S. This funding will support organizations that are pioneering solutions to expand and preserve housing supply—ranging from innovative construction models and financing strategies to rental unit preservation and home improvement loans for low- and moderate-income families.
This new commitment builds on learnings and impact from our philanthropic housing work to date, including with ROC USA, a leader in preserving manufactured housing. Since 2014, we’ve committed over $5 million in philanthropic capital and provided $15 million in impact-driven flexible loans to ROC USA, which has helped families purchase 356 manufactured home communities, benefiting more than 24,000 homeowners across 22 states.
Policy Advocacy
The firm supports federal, state, and local policies aimed at improving housing access and affordability. - Federal: Earlier this year, the firm released federal policy recommendations to boost housing supply and increase access to homeownership. We also supported two important proposals that passed this year: strengthening the Low Income Housing Tax Credit (LIHTC) and making New Markets Tax Credit permanent.
- State and local: JPMorganChase published a brief last month focused on evidence-driven state and local policies that reduce regulatory barriers to housing production through land use, zoning, building code, and permitting reform. This report is the first in a series that will examine critical topics like innovation in construction, strategic financing opportunities, and partnerships that expand production and preservation capabilities.
Convening Key Stakeholders
Addressing housing affordability challenges requires cross-sector collaboration to advance innovative, scalable solutions. JPMorganChase serves as an important convener of key stakeholders and critical conversations needed to drive this work forward, including: - U.S. Chamber of Commerce’s inaugural Housing Summit (November 6): JPMorganChase joined leaders from government, business, and the nonprofit sectors as a presenting sponsor at the U.S. Chamber of Commerce's inaugural Housing Summit. Conversations ranged from the firm's role in advancing housing affordability and economic growth to sharing insights for resilient local economies and discussing innovative financing solutions to expand housing access and affordability.
- Axios Zoom In event in Atlanta (November 19): Our event in Atlanta featured conversations with policymakers, businesses, and community leaders focused on developing solutions to increase housing supply both locally and across the country.
Looking Ahead
JPMorganChase will continue to work with leaders across sectors to help turn this momentum into progress, expanding housing options, improving affordability, and strengthening communities nationwide. |
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