The Lowcountry Housing Trust, Inc. (LHT) is a regional advocate for affordable housing. LHT is a 501(c) 3 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.
- 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 construct or rehabilitate
affordable housing. LHT encourages and implements incentive programs that reduce barriers to
affordable housing production. LHT provides an active voice in the community for affordable housing
issues and works to educate both the public and private sector on the importance of a balance
housing market and its direct link to economic growth and stability.
- Financial and
technical assistance is available to affordable housing developers and municipalities through a
variety of loan, incentive, and development programs.
We serve for profit, non profit, and government entities that are developing housing for moderate income (120% and below of AMI), low income (80% and below of AMI), and very low income (50% and below of AMI) individuals.
- LHT works to improving the development environment so that affordable housing can be more
easily produced, by working with local governments' entities to implement policies that encourage
and enable affordable housing to be produced through increased funding resources, incentive
programs and barrier removal.
- LHT has provided financing for affordable housing
developments, serving multiple counties throughout South Carolina. Since 2005, LHT has committed
$1,395,000 in affordable housing financing to aid tri-county residents in the purchase of homes
through its home buyer program.