New Housing Program in Jacksonville

The possibility for a person to have their own home is a topic that always generates debates, government plans, and investments that are often insufficient and even inefficient. Housing is a global issue, and few administrations can provide effective solutions for their residents.

Despite being an important state, Florida also faces affordable housing problems that have impacted all its cities, albeit to varying degrees. For example, the city of Jacksonville, according to recent information, has a deficit of 40,000 affordable housing units.

To find a solution, city administrators emphasize that, in addition to the housing programs already operating in the city, it would be important and noteworthy for the private sector to also create measures and strategies that can help residents have more options for purchasing affordable housing.

In response to the city’s calls and the needs of the resident population of Jacksonville, the property management company JWB Real Estate Capital has created a new housing initiative called HomeStep.

This new housing program will be aimed at helping all those tenants who wish to buy a home. The initiative developed by JWB will allow its tenants to convert a portion of their monthly rent into equity credits, which they can then use to cover closing costs when purchasing any property through their real estate agents.

Currently, more than 5,800 tenants in Jacksonville who belong to JWB will benefit from this important strategy that will greatly assist them in buying their homes.

In addition to this, individuals occupying apartments managed by JWB will have access to various free classes focused on all aspects of housing credit and talks on how to access the different government and bank grant programs for affordable housing.

The HomeStep program is a small contribution and an important aid to address the challenges that arise when accessing affordable housing, especially now that the city of Jacksonville is still lacking funds to create more housing initiatives aimed at helping its residents buy a home or to help them avoid a foreclosure process.

Available Foreclosure:

Jacksonville: 1,200 homes available.

By Elías DaSilva | 18 de Noviembre de 2024.