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MONTHLY SPOTLIGHT

SC Housing Joins National Association of Home Builders in Celebrating June as Homeownership Month

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The South Carolina State Housing Finance and Development Authority (SC Housing) Board of Commissioners endorsed a proclamation observing June as Homeownership Month at their May board meeting. Each year, the National Association of Home Builders celebrates June as National Homeownership Month giving the nation a platform to collaboratively reflect on “how homeownership has enhanced our lives and contributed to the thriving communities we call home.”

National Homeownership Month provides SC Housing another opportunity to join forces with various local, state and federal groups with the goal of increasing and preserving housing opportunities throughout the state. The agency works with home builders, lenders, community outreach groups, religious affiliates and government officials to increase and defend affordable housing opportunities in the Palmetto State – not only in June, but throughout the year.

“Homeownership Month creates a unique opportunity to bring renewed attention to our efforts to provide and preserve housing opportunities for our citizens,” said Valarie M. Williams, SC Housing’s Executive Director.

SC Housing’s Homeownership & Assistance Programs Provide Substantial Assistance:

The Homebuyer Program, the agency’s flagship program, has made more than 40,000 loans exceeding $2.5 billion.

  • The program has also made in excess of 15,000 down payment assistance loans totaling over $40 million.
  • The program currently offers a low interest rate of 4.00 percent and up to $8,000 in down payment assistance for qualified borrowers.

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