JPMorgan Chase pledges $40 million in affordable housing

The announcement – ​​made at a JPMorgan Chase-sponsored Axios event in Atlanta where policymakers, business leaders and community groups discussed housing issues and solutions – builds on the company’s $5 billion in debt and equity already provided for affordable housing through the first three quarters of 2025.

The initiative focuses on strategies such as innovative construction models, financing solutions, rental housing preservation and home improvement support for low- and middle-income families. The company said the effort builds on its broader affordable housing strategy.

JPMorgan Chase said its philanthropic work over the past five years has supported the creation and preservation of more than 85,000 affordable units. Since 2021, it has financed more than 410,000 affordable housing units and provided more than $50 billion for related projects.

“At JPMorganChase, we know that housing is the foundation of local economic growth and that homeownership is the key to building wealth for generations. 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.

“By leveraging our business, philanthropic and policy resources, we are helping to break down barriers to housing production by advancing practical, community-based solutions,” he added. “These solutions – supported by streamlined regulations – are critical to unlocking economic opportunity and building stronger communities across the country.”