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JPMorgan Chase Increases Housing Affordability Commitments With Additional $20 Million in Philanthropy and Expanded Customer Offerings

Retrieved on: 
Monday, April 8, 2024
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JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.

Key Points: 
  • JPMorgan Chase is increasing its housing affordability commitments across the U.S. with expanded philanthropic capital and consumer lending products.
  • “Healthy communities are integral to our business model, and affordable housing opportunities are vital to creating strong communities and building intergenerational wealth,” said Tim Berry, Global Head of Corporate Responsibility, JPMorgan Chase.
  • “The private sector has an important role to play alongside non-profit organizations and policymakers in advancing housing affordability, including increasing access to homeownership.
  • Delivering Impact with Organizations in Washington, DC and Across the Country
    Today’s philanthropic announcement builds on JPMorgan Chase’s $400 million five-year commitment to improve housing affordability and stability for underserved households.

Chase Expands $5,000 Homebuyer Grant Program to Help More Hispanic and Latino Families Achieve Homeownership

Retrieved on: 
Thursday, November 3, 2022
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Today, Chase Home Lending announced the expansion of its $5,000 Homebuyer Grant program to nearly 5,000 Hispanic and Latino communities in 20 markets across the country.

Key Points: 
  • Today, Chase Home Lending announced the expansion of its $5,000 Homebuyer Grant program to nearly 5,000 Hispanic and Latino communities in 20 markets across the country.
  • This grant supports Chases long-term, comprehensive commitment toward uplifting and empowering Black, Hispanic, and Latino neighborhoods, said Cerita Battles, head of Community and Affordable Lending at Chase.
  • We believe expanding our $5,000 Homebuyer Grant program is a step in the right direction and a direct investment in American families and the diverse communities in which they live and thrive.
  • Chase first rolled out the $5,000 Homebuyer Grant in 6,700 predominantly Black census tracts across the country in 2021.