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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).

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Hate Has No Home Here

Even when we cannot find all the words to convey our hurt, we cannot remain silent.

Habitat for Humanity of Jacksonville (HabiJax) grieves the terrible loss of life and targeting of Black lives here in Jacksonville. We decry the racism and violence threatening our families and friends.

HabiJax has partnered with many hundreds of families who have made a home in New Town and adjoining neighborhoods. We have witnessed many thousands of volunteers coming here from all over the First Coast, bringing love and hands-on help to build homes, community, and hope.

This is the kind of community we believe in and work towards every day. The racial hatred and targeted violence brought by one man has no place in our city or in our world.

Of course the actions of this one man are not the only threat to Black and other minority citizens. We harbor no illusions that such hatred and violence will dissipate through wishful thinking. Our prayers, our convictions, and our love for our neighbors compel us to lift our voices and to act.

We will continue bringing people together to build a better Jacksonville. We will continue standing with our families and friends in New Town and at Edward Waters University. And we will look to engage in meaningful, ongoing actions with others to repel racism and violence from our First Coast.

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NOW HIRING – Construction Director

USE YOUR CONSTRUCTION SKILLS TO MAKE A DIFFERENCE IN THE LIFE OF A FAMILY!

Habitat for Humanity of Jacksonville, Inc. (HabiJax) is currently seeking a Construction Director who has a heart for helping families in need of a hand up to build or improve a place they can call home. HabiJax is the local affiliate of Habitat for Humanity International, a global nonprofit housing organization seeking to put God’s love into action by bringing people together to build safe affordable homes, communities, and hope.

Position Summary

The Construction Director, under the direction of the VP of Construction and Real Estate, is responsible for managing and overseeing all aspects of the home construction process from land preparation to house completion. This position is responsible for creating and managing a master home construction plan and schedule that maximizes the use of staff, affiliate assets, and volunteers to build homes of high quality and affordability. Additionally, the Construction Director is responsible for all construction staff training, ensuring that the construction staff has a clear understanding of their responsibilities and duties as well as their role in the overall mission of the organization. This position is also responsible for all aspects of the Homeowner warranty function including responding to Homeowner’s warranty concerns, scheduling appointments, performing warranty repairs, and maintaining records of all warranty requests and repairs. The Construction Director is responsible for managing the construction warehouse operations, inventory management, facilities management and maintenance. The Construction Director oversees the home maintenance training program for HabiJax buyers, and leads the safety initiatives for homebuyers, staff, volunteers, and subcontractors. This position requires excellent interpersonal, organizational, leadership and communication skills, ability to use professional values and ethics to effectively interact with others, strong time management skills, the ability to prioritize multiple tasks, and a commitment to HabiJax’s mission, vision, and values.

Work Schedule:

This is a full-time, exempt position. The standard hours for this position are Monday through Friday 7am-4pm.

Work Location:

This position is based out of our Construction Office located in Jacksonville, Florida.

 

Read more and apply at our job listing site.

Building the Bold City Shirts Available

Show that you are on Team HabiJax in our 35th year! Having served more than 2,300 families with affordable homeownership, we are gearing up to serve even more.

Each purchase of this limited edition shirt will support our homebuyers, who are working hard to build stronger futures through owning a home right here in Jacksonville.

Visit our Bonfire store to customize and purchase.

A Home For Christmas Tale

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HabiJax Honors Hicks Scholarship Recipients

There will be 13 new Ospreys at the University of  North Florida this Fall, and on Tuesday, August 9th, 2022, seven Hicks Scholarship recipients, their families, and members from HabiJax joined together at The Cookbook Restaurant to celebrate their achievement!

Lance Hunt, the Hicks Program Manager, orchestrated the evening by welcoming the new students and encouraging them to meet the other recipients.

“You’re going to be embarking on a new journey in life, and tonight, you have the opportunity to meet other students who will be in your same shoes”, explained Hunt. “The sky is truly the limit for all of you, and I can not wait to see what you will achieve!”

Niaya Jones, a recipient of the scholarship, is looking forward to getting involved on campus and says that the scholarship will provide her with comfort and more time to focus on her studies.

Please join us in congratulating this year’s recipients:

Darionna MayRaines High School

Ebony BrownRaines High School 

Essence SharpeRibualt High School 

Eryn RhodesA. Phillip Randolph High School 

Jaydon EllisonStanton High School

Joshua TyusEd White High School 

Joshua AncrumStanton High School 

Kelsey MasonRaines High School 

Lania FloydLee High School 

Nebthet Reid-ElRains High School 

Neith Reid-ElRaines High School 

Niaya JonesFSCJ

Tenisha NoisetteRaines High School

THE HICKS SCHOLARSHIP PROGRAM

Established in 1997 and provided by David and Ann Hicks, the Hicks Scholarship helps bring higher education within reach by providing scholarship funds at UNF to assist with the cost of tuition, fees, books and housing. Qualifying students can receive the financial support they need to complete their degrees with minimum student loans or other debts.Since its inception, there have been over 250 scholarship recipients.

Check out photos and a highlight video from the event below.

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HabiJax Offers A Brush with Kindness! 

It’s a long-standing program within the Habit for Humanity community, A Brush with Kindness (ABWK), which is an exterior home preservation program that offers painting, landscaping and minor repair services to eligible homeowners so that they can continue to live in safe, decent homes, for years to come.

This year our Volunteer Field Coordinator, Brent, reached out to a long list of current HabiJax homeowners who purchased their homes as far back as 2003. After conversing with the homeowners about potential needs, HabiJax sent teams of volunteers out to these homes to provide exterior work like landscaping, pressure washing, painting, and caulking.

Many of these homeowners came out and spoke with our volunteers and staff who were on site. One homeowner in particular, Tonya Daniels, came out to introduce herself to the crew and took a few moments during the morning meeting to share her story.

Tonya’s home was the product of many women-builds and was built entirely by women! In addition, Ms. Daniels took a moment to share how HabiJax helped her out of the financial crisis she was in and even gave her the opportunity to start her own company which just recently made its one millionth dollar.

All of the ABWKs took place over a period of four months and during that time HabiJax provided exterior work to 11 existing homes. Just when we thought ABWKs were winding down, Lowes graciously presented HabiJax with a $10,500 grant to provide ABWKs to 10 additional homeowners on Jacksonville’s Eastside.

We want to give a huge thank you to Catherine Freeman and Chris Folds who works diligently on finding sufficient funds for all of the good work that HabiJax does in our community!

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Make a Difference! Work for Habitat!

Are you looking for an opportunity where you can make a difference in the lives of families? 

Click here to learn about opportunities with HabiJax!