Approval of $28.85 Million Bond Issuance for Campbell Cove Housing Project

Original title: RESO Upon an Acknowledgement of Due Authorization & the Making of Findings, Apv the Issuance by the JHFA of its Multifamily Housing Revenue Bonds (Campbell Cove), in 1 or more Series, in an Aggregate Principal Amt not to Exceed $28,850,000 for the Purpose of Financing all or a Portion of the Costs Related to the Acquisition & Construction of a Multifamily Residential Housing Facility for Persons or Families of Low, Middle or Moderate Income, to be Located at 11050 Beach Blvd, Jax, Duval County, FL, 32246, & to be Commonly Known as “Campbell Cove”; Determining Credit not being Pledged (Dillard) (Req of JHFA) 4/28/26 CO Introduced: NCSPHS, F 5/4/26 NCSPHS Read 2nd & Rerefer 5/5/26 F Read 2nd & Rerefer 5/12/26 CO Read 2nd & Rerefer 5/18/26 NCSPHS Approve 6-0 5/19/26 F Approve 8-0 5/26/26 CO Approve 17-0

May 26, 2026

housing affordable housing bonds real estate development finance

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Finance Connection

Notable money activity

$148,250across 20 reported contributions

Trace money trail →

Candidate	Donor	Amount	Industry	Date
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Laborers' International Union of North America - Local 89 PAC Fund	$20,000	N/A	Sep 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Southern California District Council of Laborers PAC - SCC	$20,000	N/A	Oct 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Southern California District Council of Laborers PAC - SCC	$20,000	N/A	Oct 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Laborers' International Union of North America - Local 89 PAC Fund	$20,000	N/A	Sep 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Laborers' Pacific Southwest Regional Organizing Coalition PAC - SCC	$20,000	N/A	Oct 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Plumbers & Steamfitters Local Union No. 1230 PAC - SCC	$5,000	N/A	Oct 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Plumbers & Steamfitters Local Union No. 1230 PAC - SCC	$5,000	N/A	Oct 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Southern California Pipe Trades District Council #16 PAC - SCC	$5,000	N/A	Oct 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	Southern California Pipe Trades District Council #16 PAC - SCC	$5,000	N/A	Oct 2021
Patricia Dillard for La Mesa City Council 2021	William Baber	$4,000	Councilmember	Oct 2021
Patricia Dillard for La Mesa City Council 2021	William Baber	$4,000	Councilmember	Oct 2021
Patricia Dillard for La Mesa City Council 2021	Joshua Rebello	$2,700	Youth and Family Service Coordinator	Jul 2021
Patricia Dillard for La Mesa City Council 2021	Joshua Rebello	$2,700	Youth and Family Service Coordinator	Jul 2021
Patricia Dillard for La Mesa City Council 2021	Jon Segal	$2,500	Sales	Oct 2021
Patricia Dillard for La Mesa City Council 2021	Jon Segal	$2,500	Sales	Oct 2021
Patricia Dillard for La Mesa City Council 2021	Clarence A. Shelmon	$2,000	Retired	Aug 2021
Patricia Dillard for La Mesa City Council 2021	Clarence A. Shelmon	$2,000	Retired	Aug 2021
Patricia Dillard for La Mesa City Council 2022	Clarence A. Shelmon	$2,000	Retired	Jun 2021
Patricia Dillard for La Mesa City Council 2022	Clarence A. Shelmon	$2,000	Retired	Jun 2021
Working Families in Support of Patricia Dillard for La Mesa City Council 2021, Sponsored by Laborers' International Union of Northern America Local 89	DMFI PAC	$1,850	N/A	Oct 2021

Reported financial relationships and timing signals. This does not prove motive or influence. Readers draw their own conclusions.

The Frame

What this does

This resolution authorizes the financing mechanism for a new multifamily housing development at 11050 Beach Blvd, allowing the project to proceed with up to $28.85 million in bond-backed funding.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Jacksonville Housing Finance Authority

The authority is authorized to issue the bonds to finance the project.

Low, middle, and moderate-income families

These groups are the intended residents of the housing facility being financed.

What changed

Last recorded activity May 26, 2026.

What's next

Next step not available in the current record.

Summary

The Jacksonville City Council has approved a resolution authorizing the Jacksonville Housing Finance Authority (JHFA) to issue up to $28.85 million in . These funds will support the acquisition and construction of the Campbell Cove residential facility, which is designated for low, middle, and moderate-income families.

Key Facts

You don't have to trust us. Each fact below is taken straight from the official document - click any one to see the exact passage, highlighted in the original.

Frequently Asked Questions

Is the City of Jacksonville responsible for paying back these bonds?

No, the resolution explicitly states that the credit of the city is not being pledged, meaning the city is not liable for the debt.

Who is the target demographic for the Campbell Cove housing?

The facility is designated for individuals and families of low, middle, or moderate income.

Why It Matters

This resolution authorizes the financing mechanism for a new multifamily housing development at 11050 Beach Blvd, allowing the project to proceed with up to $28.85 million in bond-backed funding.

News Coverage

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Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

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Non-recourse financing

The resolution explicitly includes a 'credit not being pledged' clause, a standard but critical protection for municipal budgets in housing bond issuances.

Jacksonville Housing Finance Authority