Downtown East Apartments Demolition and Senior Housing
Summary
The city is backing a $1 million loan to help the Jacksonville Housing Authority tear down the old Franklin Arms apartments. This paves the way for 130 new affordable senior housing units downtown.
At a glance
- Total mentions
- 2
- Last 30 days
- 0
Last discussed Jun 15, 2026.
Impact analysis
The city is lending $1 million at 2.0% interest over three years, funded from General Fund operating reserves.
Seniors looking for affordable housing options in downtown Jacksonville.
None identified.
Mentions & discussions (2)
Neighborhoods, Community Services, Public Health and Safety Committee — June 15, 2026
The committee approved a $1 million city loan to demolish the blighted Franklin Arms apartments, clearing the way for 130 new affordable senior housing units.
Rules Committee — June 15, 2026
The city is backing a $1 million loan to help the Jacksonville Housing Authority tear down the old Franklin Arms apartments. This paves the way for 130 new affordable senior housing units downtown.
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