Charleston County, SC Community Loan Fund officials announce creation of Local Housing Trust Fund
Charleston County and SC Community Loan Fund (SCCLF) leaders announced the establishment of the LocalHousing Trust Fund, a new revolving loan fund that will provide long-term support for the development and preservation of workforce and affordable housing throughout the county. The fund, seeded with local Accommodations Tax dollars, will offer below-market loans to developers and organizations focused on creating and preserving workforce and affordable housing . As part of the county’s Housing Our Future Plan, this initiative builds...