8legs: First coast habitat for humanity

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First Coast Habitat for Humanity receives $4 million investment to help 100 families buy homes

First Coast Habitat for Humanity secures nearly $4 million to support about 100 families in Northeast Florida.
The funds will subsidize homeownership for about 100 families by securitizing some Habitat mortgages.
The organization expanded service area beyond Jacksonville into Nassau and Baker counties and rebranded.
Charity Cobb became the first homeowner in Baker County through the program.
Affordability remains a key focus as more than half of Jacksonville renters are cost-burdened.
The program targets households with incomes as low as $38,000 per year.
Habitat is seeking land in Duval, Nassau, and Baker counties for future developments.
The affiliate’s brokered mortgages will help sustain future homebuilding efforts.
The organization marks its 40-year presence in the Jacksonville area.
The initiative aligns with broader regional efforts to address housing affordability.

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