Commercial Real Estate
Increasing community development resources with capital solutions
Lionel Lynch, Head of Community Development Banking Capital Solutions, spoke with Commercial Observer about the new department’s work to increase access to workforce housing and community facilities via innovative financing.
JPMorgan Chase formed Community Development Banking Capital Solutions in 2021 to help make housing attainable for more people. Commercial Observer spoke with Lionel Lynch, the department’s head, about the new platform. The discussion spanned multiple topics, including:
- Lynch’s extensive experience, which ranges from working at the Department of Housing and Urban Development during the Great Recession to consulting on public-private partnerships
- How a combination of creativity and new tools can help JPMorgan Chase create workforce and attainable housing for tenants who traditionally don’t qualify for subsidized housing
- Health clinics, grocery stores and other community facilities that Community Development Banking is focused on financing