The Jessie Ball duPont Fund has made a $3 million Program-Related Investment (PRI) in LISC that will support affordable housing, community facilities and small business development in the Jacksonville, Florida urban core and surrounding areas.

The PRI is in the form of a 10-year loan, with an interest rate of 1%, awarded to LISC’s national organization in New York, with assurances that all of the investment will be used in Northeast Florida.

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