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Housing authority approves plan for two home developments

Town homes.JPG
Jacksonville Daily Record
An illustration shows possible town homes at Normandy Boulevard and Nathan Hale Road. The exact design could vary.

The Jacksonville Housing Authority board has approved a $44.5 million plan to finance and work with two for-profit development firms to build 152 single-family homes in Duval County.

Housing Authority officials hope the projects will help with Jacksonville’s affordable housing deficit. 

In the first project, the Housing Authority will contract with Jacksonville-based Chase Properties Inc. to build 102 town homes for $33 million on a 19.04-acre site at Normandy Boulevard and Nathan Hale Road in West Jacksonville, southeast of Baldwin. 

In a separate agreement, the board agreed to an $11.5 million deal with JWB Real Estate Capital LLC for 50 single-family homes in eight Jacksonville ZIP codes. 

Read the rest of the story at the Jacksonville Daily Record, a WJCT News partner.