News & Press
Weekly news and alerts about affordable housing.
news Archive
Wells Fargo invests $250,000 for the financing and preservation of affordable housing in Charleston
Wells Fargo & Company (NYSE: WFC) today announced the closing of a $250,000 equity equivalent investment (EQ2) to The Lowcountry Housing Trust (LHT) in Charleston, S.C. The EQ2 proceeds will be used to fund the organization’s lending program which provides financing for affordable housing development.
Charleston City Paper: James Islanders fight Habitat for Humanity project
It is no secret that development is a sore subject for some James Islanders. Tension has swelled over the years between preservation-minded residents and outside authorities pushing to outfit the area with shopping centers and subdivisions.
The Post and Courier: Chance to get on list for housing vouchers draws crowd
Sheila Frasier wants to move to a better neighborhood. Bonnie Barr needs help just to stay where she is. Lloyd Collins is trying to keep his bills manageable as he recovers from a stroke and heart surgery. The three Charleston residents were among 225 people who lined up Thursday morning for a chance to join a long waiting list for federal housing assistance.
The Post and Courier: Loss of rent aid possible
Dennis Ronald is very much at home in his Daniel Island apartment. It is clean, quiet, comfortable. But he has no idea how he will be able to hang on to the space when his government housing aid dries up in the coming months.
New York Times: A Start-Up Tries to Eliminate ‘Food Deserts’
Last year, M.B.A. students at the Bainbridge Graduate Institute in Seattle began hunting for a business-based solution to the problem of “food deserts” — low-income neighborhoods lacking access to healthful, affordable food.
Starbucks Announces Create Jobs for USA Initiative in Collaboration with Opportunity Finance Network
Starbucks Coffee Company announced that it is teaming up with Opportunity Finance Network® (OFN) to launch Create Jobs for USA. Create Jobs for USA will pool donations from Starbucks customers, partners (employees) and concerned citizens into a nationwide fund for community business lending.
Goose Creek Patch: Zoning Board Rejects Low-Income Development
The City of Goose Creek’s Zoning Board of Appeals voted 4-3 on Wednesday to refuse a permit for a low-income apartment complex on the edge of Crowfield Plantation.
Post and Courier: Real Estate News - North Charleston among most affordable cities, agency to handle
Two of the most expensive markets to buy homes are in the Charleston area, but so is the third most affordable
Autodesk BIM: Building Design & Construction 40 under 40
Congratulations to LHT's affordable housing partner, Humanities Foundation
NCSHA: FHA and Fannie Mae Announce Multifamily Green Refinance Plus Retrofit Program
On May 31, HUD Secretary Shaun Donovan announced Green Refinance Plus, a joint Federal Housing