The Jacksonville City Council approved a resolution for the Jacksonville Housing Finance Authority (JHFA) to issue up to $100,000,000 in Homeowner Mortgage Revenue Bonds. These bonds will be used to purchase mortgage loans from local lending institutions, financing the purchase or rehabilitation of new or existing owner-occupied single-family residences in Duval County, Florida. The program targets low, moderate, and middle-income individuals and families. Additionally, a portion of the bonds may be used to refund previously issued homeowner mortgage revenue bonds. The resolution also authorizes the JHFA to submit a request for a private activity bond volume cap allocation. The City Council's approval is necessary under Section 147(f) of the Internal Revenue Code of 1986. A public hearing was held on August 29, 2025, regarding the issuance, as noted in the proof of publication.