A Blessing for Our New Home Office

HabiJax staff, board members, and friends came together on Wednesday, September 6th for a blessing of our new Home Office, on the second floor of the Jessie Ball duPont Center. The Very Rev. Kate Moorehead Carroll, Dean of the Saint John’s Cathedral only blocks away in downtown Jacksonville, came to lead the time of prayer and blessing.

Dean Kate introduced many of those gathered to the ancient practice of Asperges, the symbolic cleansing of a building with holy water. This blessing become much more than a history lesson, and more than an act of one priest. Everyone was invited to participate, first by sharing their hopes and prayers for the place and the mission it will serve. Next, all were encouraged to take a leafy green branch (many taken from our Hubbard Street property of 25 years) and dip the branch the water, and then to sprinkle successive spaces with the water as Dean Kate led a prayer of blessing with input from HabiJax staff.

Photo Gallery – Home Office Blessing

The Saint John’s Cathedral, several lay leaders from the Cathedral, and the Cathedral Foundation were instrumental in the formation of HabiJax in 1988, coming alongside other faith leaders to act on the belief that everyone deserves a decent place to live. Now in our 35th year, we are blessed by our Cathedral friends yet again and so eager to be a blessing to our city from this new home.


HabiJax Receives $2.6 Million Investment by Northern Trust

JACKSONVILLE, Fla. — Habitat for Humanity of Jacksonville (HabiJax), one of the largest providers of affordable homes in Northeast Florida, recently received a $2.6 million investment from Northern Trust. Proceeds from this transaction will support HabiJax’s mission to serve more families in underserved communities with the construction of affordable homes. The sale of the security backed by 0% interest mortgages from HabiJax was completed with the assistance of Krambo Corporation.

“HabiJax has a tremendous 35-year history of creating safe and decent homes that remain affordable to Jacksonville families,” says Monte Walker, President and C.E.O. of HabiJax. “This partnership with Northern Trust enables us to continue securing land and building quality homes on the First Coast.”

Now more than ever, partnerships with Northern Trust and other organizations are crucial for Jacksonville families struggling with rising housing costs. According to a recent City of Jacksonville Critical Quality of Life Issues Committee report, Jacksonville has remained in the top ten metro areas in the nation for rental price increases since 2019.

Northern Trust has engaged with Habitat for Humanity in communities nationwide over many years through their commitment to sustainable, affordable homeownership.

“We recently celebrated our 50th year of doing business in the state of Florida, and in that time we have invested more than $50 million into local Habitat for Humanity organizations. Northern Trust is proud to partner with HabiJax to support families seeking to build strength, stability, and self-reliance through owning their own home,” said John Donahoo, Northern Trust Senior Managing Director of Northeast Florida.

About HabiJax

Habitat for Humanity of Jacksonville, also known as HabiJax, was founded in 1988 and has become one of the largest providers of affordable housing in Northeast Florida. HabiJax is one of the most successful Habitat for Humanity affiliates in the United States, having provided homeownership opportunities to more than 2,300 families.

About Northern Trust

Northern Trust Corporation (Nasdaq: NTRS) is a leading provider of wealth management, asset servicing, asset management and banking to corporations, institutions, affluent families and individuals. Founded in Chicago in 1889, Northern Trust has a global presence with offices in 25 U.S. states and Washington, D.C., and across 22 locations in Canada, Europe, the Middle East and the Asia-Pacific region. As of June 30, 2023, Northern Trust had assets under custody/administration of US$14.5 trillion, and assets under management of US$1.4 trillion.
Visit us on northerntrust.com.

About Krambo Corporation

Krambo Corporation engages solely in the private placement of securities and related financial advisory and support services. In its 54 years of existence, Krambo has privately placed billions of dollars of debt and other financing transactions with institutional investors on behalf of corporate clients, affordable housing entities, and Community Development Financial Institutions (CDFIs).