A new Jacksonville attainable housing community is taking shape in the urban core, and it uses a model that keeps prices low for the long run rather than just at the closing table. A local nonprofit, the Jacksonville Community Land Trust, is planning Roosevelt Commons, a 124 home community on the Eastside, with a groundbreaking estimated for the first quarter of 2027, according to Jacksonville Today on July 30, 2026.
Here is what the plan actually includes, how the land trust pricing works, and what it may mean for buyers watching an increasingly expensive Northeast Florida market.
What is planned at Roosevelt Commons
Roosevelt Commons will sit on 10.6 acres in the urban core, north of the UF Health Proton Therapy Institute and between Boulevard and North Davis streets, per Jacksonville Today on July 30, 2026. The plan calls for 124 units built as a mix of townhomes, cottages, and detached homes. Individual homes are planned to range from 1,000 to 1,500 square feet and from two to four bedrooms.
The site plan leans on shared open space. The reporting describes a central pond area and green space, an existing retention pond that would be enhanced as a park feature, large shade trees, park space, and walking trails. The community is planned to be gated, with rear parking and alley access where possible.
This is the first neighborhood for the Jacksonville Community Land Trust. The nonprofit also lists infill housing work already underway, including 66 lots spread across Jacksonville and homes at 2118 McQuade Street and 1316 Florida Avenue, according to the July 30 report.
How the land trust pricing works
The detail that sets Roosevelt Commons apart from a standard subdivision is the ownership structure. Under a community land trust, the home and the land it sits on are separated. A buyer purchases the home, while the trust retains ownership of the underlying land. That separation is what the nonprofit uses to hold prices down over time rather than only at first sale, Jacksonville Today reported on July 30, 2026.
The pricing targets are specific. Homes are intended for buyers earning up to 80 percent of the Area Median Income, which the land trust described as up to 60,880 dollars per year for a one person household, per the July 30 report. Homes are expected to be sold in a range from 160,000 to 240,000 dollars, and will be available to individuals and households who qualify under the program.
Because the land stays with the trust, resale is typically governed by the program rather than by the open market, which is how the affordability is designed to carry forward to the next buyer. Anyone considering this kind of home should read the specific resale and eligibility terms carefully, since they differ from a conventional purchase.
Why the timing matters for the market
The plan lands in a market where entry prices have climbed well out of that range. The median sales price for a single family home across the Northeast Florida counties tracked by the Northeast Florida Association of Realtors rose 2.4 percent to 420,000 dollars in June 2026, up nearly 8 percent from June 2025, according to NEFAR figures reported by Action News Jax.
Set against a 420,000 dollar median, a planned price band of 160,000 to 240,000 dollars is a different segment of the market entirely. That gap is the whole point of the program, and it is also why attainable ownership models have drawn more attention across the region as prices have moved up. For a broader look at those pressures, see our coverage of the 2026 housing affordability picture and our overview of the Jacksonville housing market for 2026.
The Eastside location also matters. The site sits in the urban core near existing medical facilities and established road connections, which places new ownership housing close to the center of the city rather than at the outer edge of the metro where much of the region's new construction has gone. Buyers weighing location can compare recent county level trends in our Duval County market report.
What is confirmed and what is still ahead
A few things are worth keeping straight. The groundbreaking is estimated, not scheduled, for the first quarter of 2027, per Jacksonville Today on July 30, 2026. Unit counts, square footage ranges, and the price band are the figures the land trust has shared to date, and details like final home designs, the exact application process, and a sales timeline can shift as the project moves from planning into construction.
SVR Commercial LLC advisors are working with the land trust to market its ownership opportunities, including Roosevelt Commons, according to the July 30 report. Prospective buyers who think they may qualify will want to watch for the formal application window rather than assume availability, since the homes are limited in number and tied to income eligibility.
Frequently asked questions
What is Roosevelt Commons?
Roosevelt Commons is a planned 124 home attainable housing community on 10.6 acres on Jacksonville's Eastside, developed by the Jacksonville Community Land Trust, according to Jacksonville Today on July 30, 2026.
How much will the homes cost?
The homes are expected to sell in a range from 160,000 to 240,000 dollars and are aimed at buyers earning up to 80 percent of the Area Median Income, described as up to 60,880 dollars a year for a one person household, per the July 30 report.
When will it be built?
The groundbreaking is estimated for the first quarter of 2027, per the same report. That date is an estimate and could move.
What is a community land trust?
It is an ownership model in which a buyer owns the home while the nonprofit trust retains the land beneath it. Separating the two is how the program is designed to keep prices attainable for future buyers, not only the first one.
Where is it located?
The site is in the urban core, north of the UF Health Proton Therapy Institute and between Boulevard and North Davis streets on the Eastside, per Jacksonville Today.
The market takeaway
For buyers priced out by a 420,000 dollar median, a program that targets homes in the 160,000 to 240,000 dollar range is worth understanding early, even though it works differently from a standard purchase. Nothing here is a guarantee of availability, and the land trust structure carries resale terms a buyer should review closely before committing. Still, a project like Roosevelt Commons could add ownership options in the urban core that the open market has not been supplying, and more of these models may follow if entry prices stay elevated. As always, this is general market information and not investment or legal advice.
If you want a straight read on your own options in this market, talk to our founders or call (904) 351-6461.
Sources: Jacksonville Today, "Jacksonville Community Land Trust to create attainable housing in urban core," July 30, 2026 (link). Action News Jax, "NEFAR releases June 2026 market statistics on NEFL housing market" (link).
This article summarizes reporting and public information about a planned housing project and is for general informational purposes only. It is not financial, investment, legal, or tax advice, and it is not an offer of housing or a representation about eligibility for any program. Figures come from the dated third party sources above and can change. Data deemed reliable but not guaranteed. Verify current details with the original sources and a licensed professional before acting.