Hickory Street Apartments
LISC provided a predevelopment and acquisition loan to support the 273 Hickory Street project. This project will support a historic adaptive reuse to create 29 affordable housing units and provide commercial space for community-orientated organizations. The loan was partially supported by LISC's Mackenzie Scott grant/award.
Keystone Apartments
LISC provided a $500,000 predevelopment loan to support the Keystone Apartments Project. IHDC will develop the site where Fellowship Christian Church currently resides into a 5-story buiding that contains 36 affordable units. The units will be targeted to provide permanent supportive housing to individuals with a chronic disability through community partnesrhips and onsite social services coordinated and provided by Housing Forward.
O-Luxury Homes
LISC provided a $1 million line of credit to support the construction and renovation of three homes for sale to 80% of AMI buyers in urban Jacksonville communities.
Bothe Associates Inc.
LISC provided a mini-permanent loan to refinance an exisiting mortgage on Bothe Associates headquarters and refinance eight equipment leases. The LISC's loan was partly financed with LISC's Abbott and Advocate Aurora initiatives.
Lavender Blue Group Inc.
LISC provided an acquisition loan to finance the acquisition and renovation of a new space for the Lavendar Blue Group, Inc. The project will support the company's growth and the stability of a long-term location. The loan was financed in part with support from Kaiser.
College Hill Plaza
LISC provided an acquisition loan to support the College Hill Plaza project, which will contribute to College Hill CURC's mission of creating a dense, walkable business district along Hamilton Avenue. The district has seen signficant investment over the last few years in housing and mixed use development. This project was financed in part through LISC's 2022 Equitable Recovery Program award.