The Lowcountry Housing Trust
The Lowcountry Housing Trust (LHT, formerly the Charleston Housing Trust) is an independent 501(c)3 non-profit corporation that provides capital to assist non-profit organizations, government entities, and private developers in developing affordable housing in the greater Tri-County area. The Trust, which grew out of the widely recognized Mayor's Council on Homelessness and Affordable Housing, was created to foster a regional approach to the need for housing. LHT provides funding for the construction or rehabilitation of affordable housing in Berkeley, Charleston, and Dorchester Counties.
LHT receives and leverages funding from several sources, including local, state, and federal government and private donors. These funds are made available to eligible projects through zero and low-interest loans awarded through a competitive application process. The funds can be used for predevelopment costs, site acquisition, construction funding, and gap financing for affordable housing serving citizens with incomes primarily below 80 percent of the area median income (AMI).
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