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JPMorgan Chase’s new $30 billion commitment to advance racial equity is helping expand affordable rental housing in underserved communities.

Here’s one commitment: JPMorgan Chase will finance an additional 100,000 affordable rental units.

A 5-year plan to expand affordable housing

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JPMorgan Chase’s new $30 billion commitment to advance racial equity is helping <a class="gtmContentClick" data-vars-link-text="expand affordable rental housing in underserved communities" data-vars-click-url="https://www.jpmorganchase.com/impact/path-forward" data-vars-content-id="1681ac5d-c7ae-4d70-9ede-9b2468dc94ad" data-vars-headline="A 5-year plan to expand affordable housing" data-vars-event-category="story" data-vars-sub-category="story" data-vars-item="in_content_link" href="https://www.jpmorganchase.com/impact/path-forward" target="_blank">expand affordable rental housing in underserved communities</a>.Here’s one commitment: JPMorgan Chase will finance an additional 100,000 affordable rental units.

After a record economic expansion, the coronavirus pandemic sent the U.S. economy into a recession as unemployment soared to staggering heights. The country now faces urgent questions about how much stimulus is needed for reeling consumers and businesses, and what a recovery might look like.

A 5-year plan to expand affordable housing

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