LOAN APPLICATIONS
The Lowcountry Housing Trust provides financing for the production of new affordable housing units (homeownership, rental, and transitional housing) through new construction, substantial rehabilitation of vacant units or conversion of non residential buildings to residential use. Through a variety of loans, incentives, gap financing, “soft” subordinate mortgages, and development services, LHT has assisted in financing the development of more than 500 affordable housing units representing $100M in local community development investments.
Seven Farms Apartments
Daniel Island
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For more information on these programs, please contact: Patrick King at 843.737.6351
LOANS
LHT will provide short-term loans to expedite completion of affordable housing projects in which loans or grants are committed but not disbursed. Learn more...
HOMEBUYER ASSISTANCE
LHT will provide non amortizing subordinate mortgage loans to lower the purchase price of a home. Learn more...
CHARLESTON WATER AFFORDABLE HOUSING INCENTIVE PROGRAM
For each residential unit certified by LHT as affordable to low income households, Charleston Water will: 1)reduce the engineering services portion of the water impact fee by $500; 2) reduce the engineering services portion of the wastewater impact fee by $500; and 3)defer payment of the water and/or wastewater impact fees until construction is complete. Learn more...
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Note that all descriptions and terms are accurate at the time of publishing and subject to change at the sole discretion of the Lowcountry Housing Trust, Inc. 04-2009
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