Increasing Access to Homeownership and Generational Wealth Building for Latino Households

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Increasing Access to Homeownership and Generational Wealth Building for Latino Households

JPMorgan Chase is committing $6 million to UnidosUS to expand affordable homeownership opportunities for Latino communities across the nation.

This initiative aims to support homebuyer readiness programs, increase access to credit, boost housing supply, and preserve Latino homeownership. Homeownership is crucial for financial security and economic mobility, yet Latino homeownership rates remain low at 51%. With Latinos expected to drive future demand in the housing market, both JPMorgan Chase and UnidosUS recognize the need to address structural barriers and enhance access to affordable mortgages to support generational wealth building.

jpmcpolicycenter_unidosus_policyrecommendationstoincreaseaccesstohomeownershipand-generationalwealthbuildingforlatinohouseholds.pdf

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