South Florida Housing Link Collaborative receives investment from JPMorgan Chase

05 November 2019

Chase S FL Housing Link award presentationJPMorgan Chase recently announced a $5 million, 3-year investment in the South Florida Housing Link Collaborative to develop affordable, resilient, and sustainable housing for residents living near Florida East Coast Railway transit stations in Miami-Dade, Broward, and Palm Beach Counties. The South Florida Housing Link Collaborative was selected by JPMorgan Chase for its annual Partnerships for Raising Opportunity in Neighborhoods (PRO Neighborhoods) competition, which aims to spark collaboration among Community Development Financial Institutions to tackle neighborhood-specific challenges. South Florida’s proposal was one of seven U.S. communities selected this year out of 75 applications across 49 U.S. cities.

The grant funds will build new housing, upgrade naturally occurring affordable housing (NOAH) units, and improve low-to-moderate income single-family homes with energy-efficient and hurricane resilient technologies − benefiting occupants, communities, and the environment. The Collaborative includes the following nonprofit organizations:

  • Solar and Energy Loan Fund (SELF) will launch a multifamily debt product for solar, energy and hurricane retrofits;
  • South Florida Community Land Trust (SFCLT) will acquire properties using the permanently affordable CLT model
  • Community Land Trust of Palm Beach County (CLTPBC) will acquire properties using the permanently affordable CLT model
  • Florida Community Loan Fund (FCLF) will provide short-term acquisition and long-term permanent financing
  • Enterprise Community Partners will explore the development of local Naturally Occurring Affordable Housing (NOAH) financing tools

Learn more about the PRO Neighborhoods and other 2019 Award Winners here.

Additional articles on the award to South Florida Housing Link:
Miami Herald: This new plan with create affordable housing along South Florida’s rail path
The Real Deal: JPMorgan to invest $5M to build 150 new affordable rentals in South Florida
Forbes.com, JPMorgan Chase Launches $5 Million Affordable Housing Initiative in South Florida

Pictured, award announcement on October 30, 2019, at the Black Archives Historic Lyric Theater in the Overtown area of Miami. Photo courtesy of JPMorgan Chase.

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HSBC Bank USA, N.A.

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Metropolitan Ministries

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Wright's Natural Market

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Brevard Neighborhood Development Coaliti…

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The Transition House, Inc.

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Florida Housing Finance Corp.

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Trinity Health

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Griffin Heights

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Third Federal Savings

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Boys & Girls Clubs of Manatee County

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Hannibal Square CLT

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Housing Programs, Inc.

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Our Partners

TD Bank Charitable Foundation
Support from TD Bank Charitable Foundation helps FCLF build strong communities.
duPont Fund and FCLF
The duPont Fund used FCLF and NMTC Financing to revitalize downtown Jacksonville.
Valley Bank
Support from Valley Bank helps FCLF build strong communities.
FCLF at Florida Housing Conference
FCLF staff are active at statewide conferences and events.
FCLF and Florida Housing Coalition
FCLF representatives are ready to talk about your project success.
Metro Min Grand Opening
FCLF staff with local supporters at Metropolitan Ministries Tampa.
Northern Trust Roundtable
FCLF supporter, the Northern Trust Company, hosted a housing roundtable in Sarasota.
Axiom Bank
Support from Axiom Bank helps FCLF build strong communities.
FLACDC Conference
FCLF Staff meet and greet friends at an FLACDC event.
Emma Jewel Charter Academy
Nutritious snacks are a part of the healthy focused curriculum at Emma Jewel Charter Academy.
Casa San Juan Bosco and FCLF
New rental homes are available for farmworker families at Casa San Juan Bosco.
Armature Works
FCLF and the NMTC Program renovated a historic building into a small business incubaor.
Boys & Girls Clubs of Manatee
FCLF and NMTC are creating a new facility for the Boys & Girls Clubs of Manatee County
ASPIRA of Florida Aspirantes
ASPIRA of Florida offers education & mentoring with a focus on low-income and Latino students.
Greater Heights Resident
FCLF Financing to Neighbor Up Brevard helps provide affordable rental housing.
FCLF and Rep. Webster
Rep. Daniel Webster visited FCLF staff.
RCRI Conference 2012
The RCRI Conference allows FCLF staff to touch base with our religious supporters.
FCLF at Florida Housing Conference
FCLF Staff are on hand at conferences and events to discuss our programs.
Neighbor Up and FCLF
FCLF Chief Lending Officer visits with the Executive Director of Neighbor Up (formerly BNDC)
Mathis Place Resident
Residents at Neighborhood Renaissance's Mathis Place enjoy affordable rent.
FCLF Board and Staff
FCLF Board Members represent our investors, borrowers, and technical experts.
KIPP Jacksonville
Rep. Ander Crenshaw visited KIPP Jacksonville School
ASPIRA of Florida and FCLF
FCLF CEO and one of our supporters visit the ASPIRA Arts Deco school.
Haley Park Construction
FCLF projects create jobs and stimulate development in low-income communities.
Boys & Girls Clubs of Manatee
FCLF staff and US Legislative staff at an event honoring Youth of the Year.
Housing Programs, Inc.
FCLF financing to Housing Programs, Inc. helps provide affordable homes for ownership.
MTZ Carver Construction
FCLF projects create jobs and stimulate development in low-income communities.
TD Charitable Foundation, TD Bank
TD Charitable Foundation and TD Bank have supported FCLF's mission since 2006.
BNDC Greater Heights
Greater Heights offers new, safe, affordable rental homes in what was formerly a high crime area.
DuPuis Pointe Miami
DuPuis Pointe offers affordable, hurricane proof homes in Miami.
Million Meals 2012
FCLF staff and supporters volunteer at Million Meals event.
Neighbor Up, Affordable Housing
Neighbor Up, formerly BNDC, offers affordable housing in Brevard County.
Emma Jewel Academy and FCLF
Emma Jewel Charter Academy offers education for the whole child in Brevard County.
Casa San Juan Bosco and FCLF
Catholic Charities, Diocese of Venice, financed the land for farmworker rental housing with FCLF.
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Core Purpose FCLF exists to maximize opportunities for people and places outside of the economic mainstream.
Our Vision Opportunity and dignity exist for every person and community in Florida.
Our Mission Our expertise and capital make projects successful and help organizations improve lives and communities.