JPMorgan Chase committing $15 million to increase the supply of climate resilient affordable housing for Black, Hispanic and Latino households
National Housing Trust (NHT) is one of five organizations chosen by JPMorgan Chase to receive philanthropic commitments of $3 million each to scale innovative climate-resilient affordable housing models. NHT will promote decarbonization efforts in the Washington DC metro area by involving residents in program and policy design, providing retrofit technical assistance to owners of buildings to improve resident health outcomes, and engaging decisionmakers and lenders to make public resources and mission-driven capital products more accessible and aligned for decarbonizing affordable housing. NHT also aims to have at least 50% of affordable housing rehabilitation projects in the Washington area incorporate yearly decarbonization measures by 2025.