Jax GAP Fund Builds Affordable Housing | Jacksonville News

A new $20 million fund is set to build 80,000 affordable rental units in Jacksonville, tackling a decade-long housing crisis with smart gap financing. Backed by Northern Trust and local foundations, the Jax GAP Fund provides low-cost loans and tax credits to developers, turning philanthropy into scalable infrastructure. Designed to be replicable nationwide, it’s a game-changer for working families and a bold step toward sustainable affordability in Florida’s largest city. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a7535056f2c655ce