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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Trinity Health

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Green Mills Group

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Fathers Table Foundation

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Wealth Watchers

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The Transition House, Inc.

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Sister Mary Heyser, RSHM

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Aida Palms

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Florida Community Bank

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Griffin Heights

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Wright's Natural Market

"Cade Museum is proud to be partners with FCLF and JPMorgan Chase. Thanks to the NMTC Program, we will provide a transformative asset to our community." – Jennifer Denault, COO

Cade Museum for Creativity & Inventi…

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HSBC Bank USA, N.A.

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St. Johns Housing Partnership

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Habitat for Humanity of Lake-Sumter

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Emma Jewel Charter Academy

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TD Charitable Foundation

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US Bancorp CDC

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Ability Housing

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Third Federal Savings

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Brevard Neighborhood Development Coaliti…

Our Partners

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