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Home›US Markets›M&A & Deals›JPMorgan to invest $750 billion to expand US housing s…

JPMorgan to invest $750 billion to expand US housing supply

The bank plans to carry the initiative through 2035 as it targets higher US homeownership.

Reported · Written up by our desk · M&A & Deals

JPMorgan Chase said it will invest $750 billion through 2035 to support homeownership in the United States, aiming to expand the supply of housing, the Wall Street Journal reported.

The initiative is part of the bank’s broader plan to boost U.S. housing availability over the multi-year period, according to the report.

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Sources

WSJ MarketsJPMorgan Chase to Invest $750 Billion to Boost U.S. Housing Supply, Homeownership

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