JPMorganChase Aims to Finance 1 Million Affordable Homes by 2035

JPMorganChase plans to deploy more than $750 billion through 2035 to help build or preserve 1 million affordable homes and assist 500,000 people with buying a house. The commitment represents a nearly 40% increase from the housing capital the bank deployed during the previous decade. Through its American Dream Initiative, the bank will increase mortgage lending by more than 40% and hire 850 Home…