The Jessie Ball duPont Fund announced it will invest $2 million in efforts to develop and preserve affordable rental housing for low-income individuals and families in Duval County.
The investment, which will be made through loans to developers, is intended to increase the inventory of affordable rental housing and also to increase the ability of nonprofits and for-profit organizations to provide affordable rental housing in the county.
“Making loans is not the goal here,” said Sherry Magill, president of the Jessie Ball duPont Fund.
via Jessie Ball duPont Fund invests $2 million in Duval County affordable rental housing.