South Florida Housing Link Collaborative receives investment from JPMorgan Chase

04 November 2019

Chase S FL Housing Link award presentation JPMorgan 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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US Bancorp CDC

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Sister Mary Heyser, RSHM

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Housing Authority of Brevard County

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Overtown Youth Center

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Third Federal Savings

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Metropolitan Ministries

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Housing Programs, Inc.

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Purpose Built Families Foundation

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TD Charitable Foundation

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Jessie Trice Community Health

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Wright's Natural Market

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CenterState Bank

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Green Mills Group

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Hannibal Square CLT

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FCLF CEO and one of our supporters visit the ASPIRA Arts Deco school.

FCLF staff with Tampa's Chloe Coney at Metropolitan Ministries Tampa.

DuPuis Pointe offers affordable, hurricane proof homes in Miami.

Nutritious snacks are a part of the healthy focused curriculum at Emma Jewel Charter Academy.

New rental homes are available for farmworker families at Casa San Juan Bosco.

Neighbor Up, formerly BNDC, offers affordable housing in Brevard County.

FCLF Staff are on hand at conferences and events to discuss our programs.

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FCLF and the NMTC Program renovated a historic building into a small business incubaor.

FCLF projects create jobs and stimulate development in low-income communities.

Catholic Charities, Diocese of Venice, financed the land for farmworker rental housing with FCLF.

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FCLF staff and supporters volunteer at Million Meals event.

Residents at Neighborhood Renaissance's Mathis Place enjoy affordable rent.

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Greater Heights offers new, safe, affordable rental homes in what was formerly a high crime area.

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FCLF and NMTC are creating a new facility for the Boys & Girls Clubs of Manatee County

The RCRI Conference allows FCLF staff to touch base with our religious supporters.

ASPIRA of Florida offers education & mentoring with a focus on low-income and Latino students.

FCLF financing to Housing Programs, Inc. helps provide affordable homes for ownership.

Rep. Ander Crenshaw visited KIPP Jacksonville School

FCLF staff and US Legislative staff at an event honoring Youth of the Year.

TD Charitable Foundation and TD Bank have supported FCLF's mission since 2006.

Emma Jewel Charter Academy offers education for the whole child in Brevard County.

FCLF Staff meet and greet friends at an FLACDC event.

The duPont Fund used FCLF and NMTC Financing to revitalize downtown Jacksonville.

FCLF Financing to Neighbor Up Brevard helps provide affordable rental housing.

FCLF supporter, the Northern Trust Company, hosted a housing roundtable in Sarasota.

FCLF staff are active at statewide conferences and events.

FCLF Chief Lending Officer visits with the Executive Director of Neighbor Up (formerly BNDC)

Support from TD Bank Charitable Foundation helps FCLF build strong communities.

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