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JPMorganChase chief Jamie Dimon says S.F. is back on track. His bank is betting on it

The San Francisco Chronicle covered remarks by JPMorganChase Chairman and CEO Jamie Dimon where he underscored the firm's investments to expand housing supply and affordability.

October 8, 2026

Below is an excerpt of the story, which published in The San Francisco Chronicle and can be read in full here.

[JPMorganChase Chairman and CEO Jamie Dimon] acknowledged the city’s persistent challenges with housing affordability and with retaining nurses and teachers amid widening inequality.

“If you had proper (housing) supply that could be rapidly deployed, you wouldn’t have that problem,” Dimon said. “I think we should raise our hand and do things that fix it.”

As part of that effort, JPMorgan invested $200 million to help fund a 342-unit waterfront housing project less than a mile from Chase Center. Nationally, the bank on Monday committed $750 billion through 2035 to help increase U.S. housing supply, including financing for 1 million affordable housing units.