Courtesy of Riverton Square LLC TOTAL $285B Green $106B Development Finance $117B Community Development $61B Eligibility Criteria $B 8 % Home Ownership $31 50% Affordable Housing $17 29% Small Business $2 4% Mixed Use 9 $10 17% COMMUNITY DEVELOPMENT Our work in the Community Development area of our Target supports areas such as homeownership and affordable housing, small business, education and health care, with a focus on LMI and Black, Hispanic and Latino individuals and communities. In 2021, we reflected approximately $61 billion of financing and facilitation towards this objective. The Community Development objective also highlights our commitment to racial equity, and includes many of the activities we are engaging in as part of our five-year $30 billion Racial Equity Commitment. By the end of 2021, we had deployed or committed more than $18 billion toward our $30 billion goal. Of this $18 billion, more than $16 billion is also reflected here within the Community Development objective of our Sustainable Development Target. For more details on our Racial Equity Commitment, see page 21. Our Target in Action: Refinancing Affordable Housing Units in New York In June 2021, JPMorgan Chase, through the Corporate & Investment Bank, provided $600 million of financing to A&E Real Estate to facilitate the refinancing and preservation of a portfolio of 53 rent-regulated residential buildings comprising 3,531 rental units located in high-cost areas throughout the Manhattan, Brooklyn, Queens and Bronx boroughs of New York City. The largest single property in the portfolio is the 1,229-unit Riverton Square complex in East Harlem. Originally constructed in the 1940s, the development provided an alternative to the many housing projects that discriminated against non-White residents that were built in the same period. As such, it provided housing opportunities to predominantly Black families and represents the storied history of the Black community in New York. Riverton Square is subject to a regulatory agreement to maintain 975 affordable units (79% of the property), which ensures long term affordability at the complex. The agreement establishes that as leases expire on the units, they remain affordable to various income brackets (60%, 80% and 125% of area median income). As of October 2021, 96.5% of the property was classified as affordable. 8 Totals may not sum due to rounding. 9 Mixed Use is comprised of transactions where the use of proceeds may facilitate activities across more than one eligibility criteria, such as social bonds. Select Eligibility Criteria by Dollar Amount 10 INTRODUCTION Message from Our Chairman & CEO Company at a Glance Our Approach to ESG Feature: Our $2.5 Trillion Sustainable Development Target ENVIRONMENTAL SOCIAL GOVERNANCE ESG REPORT APPENDICES
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