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Sulzbacher seeking $28 million in financing for Enterprise Village

Published on February 1, 2023 at 12:08 pm

Sulzbacher is piecing together federal and state financing for its estimated $46 million Enterprise Village affordable housing and homelessness services project in Northwest Jacksonville.

Sulzbacher applied for $28 million in U.S. Department of Housing and Urban Development Low-Income Housing Tax Credits and accompanying funding, President and CEO Cindy Funkhouser said by email this week.

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That’s after the Jacksonville City Council voted 19-0 on Jan. 24 to approve a $12 million forgivable loan for the Sulzbacher project with money provided by HUD through the American Rescue Plan act of 2021.

Read the rest of this story at the Jacksonville Daily Record, a Jacksonville Today news partner.