Approval of $23.5 Million Bond Issuance for Treetop Apartments Renovation

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 (Treetop Apartments), in 1 or more Series, in an Aggregate Principal Amt not to Exceed $23,500,000 for the Purpose of Financing all or a Portion of the Costs Related to the Acquisition & Rehab of a Multifamily Residential Housing Facility for Persons or Families of Low, Middle or Moderate Income, to be Located at 6355 Morse Ave, Jax, Duval County, FL, 32244, & to be Commonly Known as “Treetop Apartments”; 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 bonds affordable housing urban development

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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 for the renovation of a multifamily housing complex, impacting the availability and condition of housing for low-to-moderate income residents in Duval County.

Who is mentioned in the record

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

Current and future residents of Treetop Apartments

Residents will be impacted by the acquisition and rehabilitation of their housing facility.

Jacksonville Housing Finance Authority

The agency is authorized to proceed with the issuance of the revenue bonds.

What changed

Last recorded activity May 26, 2026.

What's next

Next step not available in the current record.

Summary

The City Council has approved the Jacksonville Housing Finance Authority (JHFA) to issue up to $23.5 million in revenue bonds to fund the acquisition and rehabilitation of the Treetop Apartments. The project aims to provide housing for low, middle, and moderate-income families at 6355 Morse Ave.

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

Will taxpayers be responsible if the bond is not paid back?

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

Who is eligible to live in the renovated Treetop Apartments?

The facility is intended for persons or families of low, middle, or moderate income.

Why It Matters

This resolution authorizes the financing for the renovation of a multifamily housing complex, impacting the availability and condition of housing for low-to-moderate income residents in Duval County.

News Coverage

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Discoveries

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

policy shift90% confidence

Non-recourse financing

The explicit inclusion of a 'credit not being pledged' clause highlights the city's strategy to facilitate housing development without assuming financial risk.

Jacksonville Housing Finance Authority