American families face an increasingly unaffordable housing market. As of 2024, an estimated deficit of 3.7 million homes is driving up housing costs for Americans in almost every state. The rising cost to rent or own a home undermines neighborhood stability, local economic vitality, and overall economic growth. Cities across the country are adopting innovative strategies to increase housing supply, offering valuable examples that others can tailor to local market needs. JPMorganChase shares promising strategies from our national and local partnerships, business insights, philanthropic investments, research, and policy expertise to help increase and preserve affordable housing across communities, including specific approaches being implemented in Chicago.
Learn more by exploring the "What Works" brief.
In partnership with Axios, the United States Conference of Mayors, and JPMorganChase, the Zoom In series explores new ideas from business leaders and local officials as they work to revive and reimagine the future of communities across America.