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Summary
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 work to encourage and implement policies that reduce unnecessary regulatory barriers to such production in Berkeley, Charleston, and Dorchester counties.

Organization

• Formed in 2004 as the Charleston Housing Trust (CHT); SC 501(c)(3)
• In 2005, recognizing that affordable housing was a broad issue that needed to be addressed regionally the Board of Directors unanimously approved the renaming of CHT to the Lowcountry Housing Trust (LHT)
• LHT has a full time staff of 2 public administrators
• LHT is governed by an independent Board of Directors representing a diverse membership and expertise from a variety of public and private sectors; including the for-profit, non-profit development, affordable housing, housing counseling, state housing finance, community development lending, banking, engineering, architecture, government programs, mortgaging banking, real estate, and marketing sectors.

Goveranance

• 20 Directors on Board
• The Board consists of the following working committees: Application Review, Executive, Finance, Funding, Incentives, Marketing, and Programs. These committees meet frequently throughout the year.
• The full Board meets the first Wednesday of every other month.

Fundraising Highlights

• By the end of 2006, $1,971,800 in funding secured to provide LHT financing products for affordable housing developments

Key Numbers

• In just three years of operation, LHT has been able to put over $1.5M in community development financing back into the tri-county.
• Through a variety of loans, incentives, gap financing, “soft” subordinate mortgages, subsidies, and development services, LHT has assisted in financing the development of 346 affordable housing units representing $50,515,578 in local community development investments.

Senior Management

• Tammie C. Hoy - Executive Director
• Michelle A. Mapp - Program Director
  
  
• Vince Graham, Chairman - LHT Board of Directors
• Peggy Huchet, Vice-Chairman - LHT Board of Directors

Location

• The LHT office is located at 10 Storehouse Row on the Old Navy Base at 2120 Noisette Boulevard, Suite 120 North Charleston, SC 29405 .
• Online at www.lowcountryhousingtrust.org

HOW CAN YOU HELP?
SUPPORT THE TRUST!

DONOR LEVELS

CAPSTONE
$20,000

KEYSTONE
$10,000

CORNERSTONE
$5,000

PEDESTAL
$2,500

PILLAR
$1,000

PLATFORM
$500

FOUNDATION
$250 & under

THANK YOU!
LHT DONORS
&
LHT PARTNERS

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