FINANCIAL_SERVICESAWARDED

City of Jacksonville Agenda 2026-06-09

Jacksonville Housing Authority Receives $1M Loan for Demolition

$1,000,000 (3 year loan, 2% interest)City of JacksonvilleJACKSONVILLE HOUSING AUTHORITYJune 9, 2026

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Description

The City of Jacksonville authorized a $1M, 3-year term loan at 2% interest to the Jacksonville Housing Authority to fund the demolition of Downtown East Apartments, utilizing a competitive solicitation exemption.

Contract Details

Contract Amount

$1,000,000 (3 year loan, 2% interest)

Vendor

JACKSONVILLE HOUSING AUTHORITY

Agency

City of Jacksonville, FL

Contract Type

FINANCIAL_SERVICES

Document Date

June 9, 2026

Contract Term

3 years from closing date

Renewal Date

2029-06-09

Renewal Info

Loan agreement, exempt from competitive solicitation; term of 3 years from execution.

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Issuing Agency