Holistic financial solutions for affordable housing

Collaboration is critical to fighting the affordable housing crisis. JPMorgan Chase works with public and private entities to increase the housing supply. But many of the firm’s internal groups also work together. Take, for example, Tax Oriented Investments and Community Development Real Estate. 

Mark McCann, Managing Director of Tax Oriented Investments, and Vince Toye, Head of Community Development Banking and Agency Lending, spoke with Commercial Observer about how the two groups work together to create holistic financing solutions for the firm’s clients. The pair discussed topics ranging from the importance of both debt and equity on Low Income Housing Tax Credit (LIHTC) developments to the complex financial structures often needed to create affordable housing.