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Jacksonville Affordable Mortgages, Inc.
4401 Emerson Street, Suite 1Jacksonville FL, 32207
CDFI Awards for Jacksonville Affordable Mortgages, Inc.
FA (2006) - $300,000
Jacksonville Affordable Mortgages, Inc. (JAM) is a certified CDFI established in 1996. JAM provides affordable financing products and services (such as, down payment assistance loans, home improvement loans, and "recovery" first mortgages) that lead to neighborhood preservation and sustainability of homeownership in Northeast Florida, (Baker, Clay, Duval, St. Johns and Nassau Counties). JAM will use the 2006 Financial Assistance Award of $245,500, to inject equity and low-interest debt capital into its loan fund, permitting the organization to maintain solid capital ratios while it grows its base of debt capital. Also to support an increase in financial and portfolio management capacity that will enable the organization to manage a much larger, more diverse and complex portfolio. The 2006 Technical Assistance Award of $54,500 will be used to engage professional service providers to assist JAM increase its capacity and generate additional community impact through an expanded target market.
TA (2004) - $50,000
Jacksonville Affordable Mortgages, Inc. (JAM) will use the award to acquire consulting services; upgrade its computer system; cover the cost of staff salary to develop its business strategy; and to obtain staff training.
Other Community Development Financial Institutions in Florida
Business Loan Fund of the Palm Beaches, Inc., The
West Palm Beach
Community Equity Investments, Inc.
Pensacola
Community Financing Consortium
West Palm Beach
Florida Community Capital Corporation
Winter Park
Jacksonville Affordable Mortgages, Inc.
Jacksonville
Metro Broward Economic Development Corporation
Fort Lauderdale
Featured Government Grant Resources
Department of Agriculture: Value Added Producer Grants
The Value-Added Producer Grants program is geared towards helping the Independent Producers of Agricultural Commodities, Agriculture Producer Groups, Farmer and Rancher Cooperatives, and Majority-Controlled Producer-Based Business Ventures in developing techniques that would create marketing opportunities and establish business plans involving viable marketing opportunities that involve the production of bio-based products from agricultural commodities.
Historically Underutilized Business Zones - HUBZone Empowerment Contracting Program
The Small Business Administration has established the Historically Underutilized Business Zones (HUBZone) Empowerment Contracting Program wherein they aim to provide federal contracting assistance to eligible small business corporations which are located in underutilized business zones so as to improve their employment opportunities, investments, and their area's economic development.
Social Entrepreneurship
Spotlight
Childcare Charitable Group Named Top Social Enterprise
Employers For Childcare Charitable Group (EFCG), a Lisburn-based charity, has been crowned top Social Enterprise at the Ulster Final of 2014’s Ulster Bank Business Achievers Awards. EFCG seeks to “make it easier for parents with dependent children to get into work and to stay in work.”
