We no longer support this browser. Using a supported browser will provide a better experience.

Please update your browser.

Close browser message

Treasury and Payments

Improve your working capital, reduce fraud and minimize the impact of unexpected disruptions with our treasury solutions—from digital portals to integrated payables and receivables—all designed to make your operations smoother and more efficient.

Learn more about our treasury solutions:

Commercial Real Estate

Get the strategic support to be successful throughout market and real estate cycles with insights, hands-on service, comprehensive financial solutions and unrivaled certainty of execution.

Learn more about our commercial real estate solutions:

International Banking

Global opportunities mean global challenges. But real success means understanding the local markets you serve—which is why we bring the business solutions, insights and market perspective you need. 

Learn more about our international banking solutions:

Commercial Real Estate

Filling the gap between LIHTC and market-rate housing

Led by Lionel Lynch, JPMorgan Chase’s Community Development Banking Capital Solutions Group aims to provide debt to help fund new types of affordable, workforce and mixed-income housing and community development projects.  

JPMorgan Chase, which is among the largest low-income housing tax credit (LIHTC) and New Markets Tax Credit (NMTC) investors in the country, is broadening its community development business with the creation of its Community Development Banking Capital Solutions Group.

The group, which was established in October 2021 and is led by Lionel Lynch, has one goal: to provide debt to help fund new types of affordable, workforce and mixed-income housing as well as community development projects. 

“We will provide debt for a range of projects that are not eligible for the LIHTC, those that are 80% plus of the area median income,” said Lionel Lynch, director of Community Development Banking Capital Solutions at JPMorgan Chase. “We want to build a platform to fill the significant gap between LIHTC and market-rate housing.”

Lynch looks forward to seeing the impact this group will have across the country.

“I am most looking forward to seeing housing being built, seeing communities be able to have diverse economic composition, and bringing housing to a range of people through this initiative,” said Lynch.

“The biggest challenge is the biggest opportunity: It’s exciting to start something new and to be in front of the industry, to enable different parties to understand we can do these projects if we adjust the way we think and the way we underwrite. We are here to do more and to empower folks to do the same.”  

Adapted with permission from “JPMorgan Chase’s New Endeavor, Led by Lionel Lynch, Will Help Finance Affordable Housing, Community Development” Mark O’Meara, Novogradac Journal of Tax Credits, March 2022

Commercial Real Estate Community Development Banking Real Estate Credit and Financing Community Impact Affordable Housing Multifamily Lending

Get in Touch and Stay Informed