NORTHEAST REGION
$1.4 million FCLF financing (4 loans)
Acquisition construction, and hurricane repair loans
8 units of affordable rental housing and 15 single-family affordable homes for ownership
"Thank you to our friends at FCLF for helping us acquire this property, and for your help and patience as we gathered all the details. We'll make you proud!" – Bill Lazar, Executive Director, St. Johns Housing Partnership
St. Augustine, Florida, may be the nation's oldest city, but it is also a city in need of affordable housing. With financing from Florida Community Loan Fund, St. Johns Housing Partnership is helping provide affordable housing, both for rent and for sale, for low-income households in St. Augustine.
For over 27 years, St. Johns Housing Partnership (SJHP) has worked to create a positive impact on affordable housing and affordable living in St. Johns and surrounding Florida counties. Headquartered in St. Augustine, SJHP began as a basic emergency home repair program. Since that time the organization has grown and expanded, and now offers home repair and weatherization, foreclosure prevention, services for residents such as credit counseling, first time homebuyer education, financial literacy, and provides home for sale and for rent.
The apartment complex on Masters Street (pictured below) in downtown St. Augustine consists of 8 2-bedroom apartments in a 2-story building, all of which must be leased to households with low-income. Financing from Florida Community Loan Fund in 2014 allowed St. Johns Housing Partnership to purchase the apartment building, helping preserve affordable rental housing options in the downtown St. Augustine area.
In 2026 Florida Community Loan Fund provided additional financing in the form of a construction line of credit. This loan will enable St. Johns Housing Partnership to build 15 single-family affordable homes, for sale to households earning 80% or less of area median income (AMI); buyers may receive subsidy through down payment assistance programs. These new homes will be located in West Augustine, a historic community located 2 miles from downtown St. Augustine that played an important role in the civil rights movement.
FCLF also provided SJHP with financing for hurricane repairs in 2017 and 2025.
