A partnership with ECBF made it possible for Cathedral District-Jax, Inc. (a 501c3) affiliated with St John’s Cathedral, to purchase an entire city block adjacent to the Cathedral for debt only and flip it to a developer specializing in workforce housing, to repopulate a downtown neglected neighborhood. The proceeds from the sale of this land made it possible to sustain the non-profit for several years. We now have attracted over $42 million of capital investment for housing in the neighborhood. Our relationship with ECBF was, quite simply, catalytic…
The Very Rev. Kate Moorehead, Dean of St. John’s Cathedral in Jacksonville, Florida, Ms. Ginny Myrick, CEO/President, Cathedral District-Jax, Inc.
