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The Lowcountry Housing Trust is a regional non-profit organization established to provide a dedicated ongoing source of funding for the production and preservation of affordable housing, and to actively encourage and implement policies that reduce unnecessary regulatory barriers to such production in Berkeley, Charleston, and Dorchester counties. LHT'S GOALS: * Increase housing production locally and statewide. LHT'S MISSION: The mission of LHT is to assist non-profit and for profit developers to construct a full spectrum of housing that is truly affordable to the prospective occupants, to open up realistic opportunities for homeownership and to encourage new rental housing for families who are not ready for homeownership. LHT accomplishes its mission by providing education on the need for affordable housing, advocating for the removal of barriers to affordable housing production, encouraging the inclusion of affordable housing in local developments, and the financing of affordable housing projects. LHT raises and pools funds from public and private sources and awards them to developers who are addressing recognized community needs and have the capacity to produce or rehabilitate affordable housing. Financial and technical assistance is available to affordable housing developers and municipalities through a variety of loan, incentive, and development programs. LHT actively promotes policies that reduce unnecessary regulatory barriers to affordable housing production; supports experienced affordable housing developers; and works to increase the capacity of newcomers.
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