25% of Jacksonville Residents Spend More than Half Their Income on Housing. How the City Is Addressing Affordability

25% of Jacksonville residents spend more than half their income on housing. How the city is addressing affordability

As part of News4JAX’s ongoing weekly series “Addressing Affordability,” we’re digging deeper into the issue dominating local conversations — the rising cost of having a place to live.

United Way, LISC Jacksonville want to spur homeownership in historically redlined ZIP codes

United Way and LISC Jacksonville went into the heart of Moncrief to profess their commitment to homeownership. The two nonprofits created a $5 million fund that will provide loans to developers who commit to produce housing in six Jacksonville ZIP codes. United Way will allocate $4 million, while LISC Jacksonville will provide an additional $1 million. LISC Jacksonville will be the loan servicer and compliance monitor. The United Way dollars are…