*Walter Bloomberg
*Walter Bloomberg|Aug 03, 2026 13:57
JPMORGAN EXPANDS $750B HOUSING COMMITMENT JPMorgan Chase (JPM) plans to deploy $750 billion through 2035 to expand U.S. housing supply and homeownership, a nearly 40% increase from the previous decade. The initiative aims to finance 1 million affordable housing units and help 500,000 buyers purchase homes, including 200,000 first-time buyers. The bank will also increase mortgage lending, hire 850 Home Lending Advisors, and support housing policy reforms to boost construction and affordability.(*Walter Bloomberg)
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