The U.S. Senate has passed what could become one of the most sweeping housing packages in decades, a proposal local leaders say could help tackle affordability challenges in Jacksonville if it becomes law.
‘It provides more local resources’: Senate Housing Bill could boost Jacksonville ’s fight against affordability crisis Read full article: ‘It provides more local resources’: Senate Housing Bill could boost Jacksonville ’s fight against affordability crisisMan who pointed gun at officers while walking toward them outside gas station fatally shot by officer with rifle: JSO Read full article: Man who pointed gun at officers while walking toward them outside gas station fatally shot by officer with rifle: JSO A woman with cuts and bruises asked a gas station clerk to call 911 then she locked herself in a bathroom.
Read full article: Flagler County deputy body, dash cam footage shows 2-county high-speed chase ended by PIT maneuversPolitics & Power: How strikes aimed at Iran’s leadership could trigger economic, regional crisis– The U.S. Senate has passed what could become one of the most sweeping housing packages in decades, a proposal local leaders say could help tackle affordability challenges in Jacksonville if it becomes law. The legislation, known as the “21st Century ROAD to Housing Act,” is designed to increase the nation’s housing supply and lower costs for homebuyers by expanding funding, easing development barriers and boosting assistance programs. Jacksonville’s Affordable Housing Director Joshua Hicks said the bill would complement efforts already underway at the local level. “It provides more local resources and really builds on what we’re already doing to address the housing crisis,” Hicks said. “It encourages down payment assistance, increases housing funds and expands access to tax credits, which helps close financial gaps and get more affordable housing projects built.” The proposal includes several key provisions aimed at increasing housing availability and affordability. It would relax certain regulations to encourage homebuilding and create federal programs to support state and local governments working to expand housing. The bill also seeks to lower costs for homeowners by offering grants and forgivable loans for home repairs, while increasing funding for down payment assistance programs.“It removes some permitting and zoning roadblocks and provides funding to create systems that help move projects faster,” he said. “That’s something we’re already working on here, but this would allow us to bring in additional federal support.” The legislation also targets institutional investors, a growing concern in Jacksonville’s housing market. Under the proposal, corporations that own more than 350 single-family homes would face restrictions, including a requirement to sell those properties to prospective homebuyers after seven years.“Roughly 40% of our properties are owned by out-of-state institutional investors,” he said. “This helps ensure local developers and homeowners have the first opportunity to buy, instead of large corporations coming in, driving up prices and leaving without investing in the community.” While the bill has cleared the Senate, it must still pass the House and be signed into law before any of its provisions take effect. Local officials say if approved, the measure could provide a significant boost to ongoing efforts to improve housing affordability across Jacksonville.Tiffany comes home to Jacksonville, FL from WBND in South Bend, Indiana. She went to Mandarin High School and UNF. Tiffany is a former WJXT intern, and joined the team in 2023 as Consumer Investigative Reporter and member of the I-TEAM.Gas station awning toppled during thunderstorms in Nassau CountyPonte Vedra double murder happened very close to another high profile crime sceneLights Out: Residents, businesses asked to turn off non-essential lights for bird migrationLudvig Åberg talks about entering the final round of The Players Championship with a 3-shot leadSuspect arrested in Nassau County after fatal double shooting near TPCOrange Park police successfully prevent rumored unauthorized event from taking placeNocatee community rallies around resident who was left with a brain injury after a golf cart crashDuval County School Board approves Kings Trail Elementary sale, neighbors raise traffic concernsBrunswick police warn against ‘teen takeovers’ after disruption at First Friday eventVoices of the 904 S2 Ep 1. - How her work for the Northside is a love letter to its culture, historyVoices of the 904 S2 Ep 1. - How her work for the Northside is a love letter to its culture, history
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