JPMorgan Chase Committing $8.4 Million to Improve Household Stability for Black, Hispanic and Latino and Other Underserved Households
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Thursday, October 14, 2021
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JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.
Key Points:
- JPMorgan Chase today announced six organizations to receive philanthropic capital as part of the firms $400 million five-year commitment to improve housing affordability and stability for Black, Hispanic and Latino and other underserved households.
- Through JPMorgan Chases commitments, six organizations will design and test innovative models to improve household stability with the goal of expanding successful models across the U.S.
- Todays announcement will help promote immediate housing stability for underserved households and is one step toward our goal of addressing barriers to affordable housing and homeownership, especially for Black, Latino and Hispanic families.
- Recently, the JPMorgan Chase PolicyCenter released data-driven policy recommendations to improve household stability weakened by the pandemic.