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JPMorgan Announces $750 Billion Investment in Housing Through 2035, Aimed at Boosting Supply
['Beth Mcguire']
RISMedia
As homebuyers continue to struggle through the 2026 housing market amid affordability issues, rising mortgage rates and ongoing economic uncertainty, one of the nation’s mega banks is stepping in with a major long-term investment into the housing market.
JPMorgan Chase announced Aug. 3 that the firm intends to invest over $750 billion through 2035 with the goal of increasing housing supply and supporting homeownership in the United States.
“An affordable and resilient housing market is essential to driving economic growth and increasing opportunity,” said Michelle Herrick, head of Commercial Real Estate for J.P. Morgan.
With the right policies in place, the firm says it intends to provide more capital for housing and homebuying to ultimately help improve housing access and affordability across the country.
The recently launched Building Blocks series examines state and local policy opportunities to increase housing supply.