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A surprising backer of America’s affordable housing push: big banks

America
Business Insider Fews App News Provider
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Jamie Dimon's JPMorgan Chase pledged $750 billion to housing projects this week, notably in San Francisco. Getty ImagesJPMorgan Chase announced it will direct $750 billion to US housing projects through 2035. Big banks, like Citi and Bank of America, have made similar investments in affordable housing.

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