To keep affordable housing affordable, a public-private partnership for Jax?
“To build more affordable housing in Jacksonville, City Council members may propose a $10 million buy-in for a public-private partnership that could help developers like the nonprofit Jacksonville Community Land Trust acquire properties across Duval County.
Forming the partnership that could provide a total of $40 million in initial investment is in the early “idea” stage, but at a Monday City Hall meeting, several elected officials seemed intrigued by a proposal from Chris Crothers, director of impact investing for the Jessie Ball DuPont Fund, a private foundation that uses grantmaking, investments, research and partnerships to invest in the Jacksonville community….”