Commercial Real Estate
Finding Housing Solutions for the Missing Middle
Scott Schmid, Central Region Division Manager, Community Development Banking for JPMorgan Chase talks workforce housing with Commercial Observer.
Affordable housing for the “missing middle”—those at 80%-120% of area median income—tends to be overlooked. JPMorgan Chase, however, is working to change that. Scott Schmid, Central Region Division Manager, Community Development Banking for JPMorgan Chase, spoke with Commercial Observer about the ins and outs of workforce housing, including:
- Whether or not states in the central U.S. are prepared for the influx of workforce housing needs
- How the public and private sector can collaborate to find workforce housing solutions
- The steps JPMorgan Chase has taken to address the lack of workforce housing across the country