Community Development

The firm has built its reputation on financing affordable housing, extending its commitment beyond homeownership and rental housing to include commercial projects, day care and healthcare facilities, special-needs facilities, not-for-profit real estate ventures and more. Its lending and investing activities are designed to help revitalize entire communities — not just standalone structures.

Tax-Oriented Investments, a part of the Investment Bank, makes tax credit equity investments in apartments qualifying for Federal Section 42 Low Income Housing Tax Credits (LIHTC) and, when done in tandem with Section 42 transactions, Federal Section 47 Historic Credits. Known externally as JPMorgan Capital Corporation (JPMCC), it is a nationally recognized leader in the business.

JPMCC works closely with other areas of the firm, including Community Development Banking (CDB). JPMCC partners with CDB by providing it access to a variety of transactions through JPMCC's syndicator partners and assuring the developers an efficient and certain execution.

Learn more about JPMorgan Chase Corporate Responsibility.

JPMorgan Chase & Co. Fair Lending Statement
JPMorgan Chase & Co. (JPMorgan Chase) is committed to treating all individuals fairly and equitably in the conduct of its lending businesses in all jurisdictions where it conducts business. This commitment is part of our fundamental mission of providing quality financial services to existing and prospective customers in accordance with all applicable laws. In the United States, this principle is embodied in fair lending laws such as the Equal Credit Opportunity Act and the Fair Housing Act. These laws require the equitable treatment of all credit applicants, without regard to race, sex, sexual orientation, color, national origin, religion, age, marital status, disability or other prohibited basis. Denying any person equal access to basic economic opportunities, such as home ownership or credit, is morally repugnant, has no place in our company and will not be tolerated. Only through the efforts of all of us at JPMorgan Chase can we ensure that every applicant for credit receives fair and equitable treatment and that we have helped each member of the communities JPMorgan Chase serves reach his or her fullest potential.


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