Access to Opportunity
Innovating to promote economic prosperity for all
We believe everyone deserves access to opportunities to build economic prosperity, including safe, stable, affordable housing. This basic tenet is critical to fostering a sense of belonging for members of any community.
Featured Project
Market Value Analysis
An analysis of Jacksonville’s “housing ecosystem” to help public officials and private actors more precisely target intervention strategies in weak markets and support sustainable growth in stronger markets. The report describes a “geography of opportunity'" demonstrating how the radius of the areas with affordable housing continued to constrict for households with lower incomes.
Featured Project
Jacksonville Affordable Housing Fund
Affordable housing is scarce in Duval County, affecting teachers, nurses, police officers, other workers and their families. In recent years, the majority of Jacksonville’s renter households were rent burdened, spending more than 30% of their income on housing. For every 100 families searching for housing on 50% of the median household income, only 48 rental units are available to them.
Drawing on best practice research from across the country, the Jacksonville Affordable Housing Fund is a specially designed investment vehicle to increase the supply of affordable, multifamily rental housing.
Featured Approach
Impact Investing
In addition to grantmaking, we invest more than half of our endowment in a socially responsible manner and/or to catalyze a positive impact – from supporting small businesses led by people from underrepresented backgrounds to establishing affordable housing.