Jacksonville Housing Finance Authority asks city for $100M in bonds to support first-time homebuyers

Jacksonville's Housing Finance Authority seeks city approval for $100 million in bonds to continue its first-time homebuyers program, which provides mortgage financing, tax credits, and renovation funds. The program has helped buyers for nearly 15 years but faces challenges due to rising home prices and interest rates. Homeownership remains a key way for families to build generational wealth. The City Council will vote on the measure soon.