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Latin Times
Latin Times
Lifestyle
Pedro Camacho

JPMorgan Chase commits $6 Million Investment to expand Latino homeownership opportunities

Home ownership (Credit: Via Pexels)

JPMorgan Chase is ramping up efforts to support affordable homeownership in Latino communities nationwide. The firm announced a $6 million philanthropic commitment and joint policy recommendations to improve homebuyer readiness, credit access, housing supply, and the preservation of Latino homeownership.

The funding will support UnidosUS's HOME (Home Ownership Means Equity) initiative, aiming to create 4 million new Latino homeowners by 2030. The support will help develop a statewide Latino homeownership blueprint in California, establish a Latino-focused research network, and facilitate the exchange of best practices among Unidos affiliates and practitioners.

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