South Carolina State Housing Finance and Development Authority
South Carolina

Program implemented in 2018. It combines our state Housing Trust Fund dollars with HOME Program and National Housing Trust Fund dollars. Applicants can apply for funds for new construction and/or rehabilitation of rental developments. Awarded developments may receive funds from one, two or all three funding sources. Eligible developments are permanent rental housing, supportive rental housing and transitional rental housing.

Funding Source
Dedicated funding stream - Real estate transfer tax
Funding Year
FY 2022-2023
Program Status
Active
State Funding
$15,000,000
Total Funding
$25,540,145
Website
https://www.schousing.com/Home/SmallRentalDevelopmentProgram
Contact
Jennifer E Cogan SC State Housing Finance & Dev. Authority [email protected] 803-896-9824
How Provided?
Development loans
Data Collected by Program
Income
Other Federal Funding
$10489050
Program Type
Capital resources
Income Eligibility Threshold
Other income eligibility criteria
Duration
Affordability period is 5 - 30 years
Info Source
Program administrator survey response
Last Updated
3/27/23 16:45
Other Eligibility Requirements

No other eligibility requirements

Coordinates Eligibility With

Does not coordinate with other systems

Eligibility Limitations

Does not limit eligibility on these criteria

Priority Populations

Does not prioritize beyond eligibility requirements