The Official Website of the South Carolina State Housing Finance & Development Authority

SCHousingSearch.com

Follow us on Facebook: @SCStateHousing Follow SCStateHousing  on Twitter

Fair Housing Fair Housing Violence Against Women Act
Click Here for more information on USDOJ and Violence Against Women

SCIWAY –
South Carolina`s Front Door


Join Our Email List
For Email Marketing you can trust.

Year 15 Properties

Year 15 Properties

Please Note:  This information is provided for the sole purpose of providing a “clearing house service to the multifamily affordable rental housing community and not as an endorsement of any individual interested party, either buyer or seller. SC Housing continually receives requests to identify either (1) properties whose owners are interested in selling or (2) individuals, partnerships or non-profits, etc. who might be interested in obtaining existing affordable multifamily rental properties. All properties listed and described on this page have been approved for inclusion by the property’s ownership entity. It is the intent of SC Housing to market the properties identified solely in compliance with the IRS Code Section 42(h)(6)(E)(i)(II).

Property Name & Location: 

Forest Ridge Townhomes
2300 Forest Ridge Drive
Fort Mill, SC 29715


Qualified Contract Price: $11,138, 966

Property Details and Summary Information:
Seventeen (17) multi-story brick and vinyl-sided buildings consisting of 136 units targeted for families. Amenities include: washer and dryer connections in units, playground, swimming pool, balcony/patio/sumrooms, etc.

LIHTC Units: 136
Market Rate Units: 0
Total Rental Units: 136
On Site Manager: Yes
Land Size: 17.51 acres
LIHTC Project ID: 95019

Unit Description:

Bedroom Mix

Bedroom Square
Footage

Number
of Units

Monthly Gross
Rent per Unit

Income
Targeting

3 Bedroom

1,048

16

$680

45%

3 Bedroom

1,309

16

$680

45%

3 Bedroom

1,309

104

$849

60%


Twenty-five percent of the units are targeted to families whose income is 45% or less of the median gross income and 75% are targeted to families whose income is 60% or less of the median gross income.



Cypress Cove
4 Cypress Cove Court
Greenville, SC 29611


Qualified Contract Price: $6,950,233.05

Property Details and Summary Information:
Forty-eight (48) single family buildings consisting of 24 three bedroom two bath and 24 four bedroom two bathroom homes targeted for families. Amenities include: vaulted ceilings, attached garages, washer and dryer connections, playground, patios, etc.

LIHTC Units: 48
Market Rate Units: 0
Total Rental Units: 48
On Site Manager: Yes
Land Size: 20 acres
LIHTC Project ID: 94034

Unit Description:

Bedroom Mix

Bedroom Square
Footage

Number
of Units

Monthly Gross
Rent per Unit

Income
Targeting

3 Bedroom

1,150

7

$786

50%

3 Bedroom

1,150

17

$944

60%

4 Bedroom

1,260

5

$877

50%

4 Bedroom

1,260

19

$1,053

60%


Twenty-five percent of the units are targeted to families whose income is 50% or less of the median gross income and 75% are targeted to families whose income is 60% or less of the median gross income.



Poplar Place Apartments
707 Poplar Place Drive
Greer, SC 29651


Qualified Contract Price: $6,873,324

Property Details and Summary Information:
Four (4) multi-story brick and fiber cement buildings consisting of 72 units targeted for families. Amenities include: Swimming pool with a sundeck, picnic area, playground, exercise room and computer center, etc.

LIHTC Units: 57
Market Rate Units: 15
Total Rental Units: 72
On Site Manager: Yes
Land Size: 6 acres
LIHTC Project ID: 99025

Unit Description:

Bedroom Mix

Unit Square
Footage

Number
of Units

Monthly Gross
Rent per Unit

Income
Targeting

2 Bedroom

936

30

$646

50%

2 Bedroom

936

11

$666

60%

2 Bedroom

936

15

$711

market

3 Bedroom

1,035

6

$746

50%

3 Bedroom

1,035

10

$786

60%


Fifty percent (50%) of the units are targeted to families whose income is 50% or less of the area median gross income and Twenty-nine percent are targeted to families whose income is 60% or less of the median gross income.



West Winfield Acres
1828 Tamara Way
Spartanburg, SC 29301


Qualified Contract Price: $2,363,453

Property Details and Summary Information:
Forty (40) single family vinyl homes targeted for families. Amenities include: attached garage, patios, ceiling fans, pre-wired for cable television, dishwashers, and washers and dryers, etc.

LIHTC Units: 32
Market Rate Units: 8
Total Rental Units: 40
On Site Manager: Yes
Land Size: 8.34 acres
LIHTC Project ID: 97024

Unit Description:

Bedroom Mix

Bedroom Square
Footage

Number
of Units

Monthly Gross
Rent per Unit

Income
Targeting

3 Bedroom

1,216

25

$649

50%

3 Bedroom

1,216

7

$666

60%

3 Bedroom

1,216

8

$711

market


Sixty-three percent of the units are targeted to families whose income is 50% or less of the median gross income and 18% are targeted to families whose income is 60% or less of the median gross income.



Creek View Apartments
221 Willis Street
Batesburg-Leesville, SC 29006


Qualified Contract Price: $3,587,973

Property Details and Summary Information:
Five (5) multi-story brick and vinyl buildings consisting of 60units targeted for families. Amenities include: On-site laundry facility, playground, units wired for cable television, washers and dryer connections, sidewalk access to parking, etc.

LIHTC Units: 60
Market Rate Units: 0
Total Rental Units: 60
On Site Manager: Yes
Land Size: 13.94 acres
LIHTC Project ID: 95052

Unit Description:

Bedroom Mix

Bedroom Square
Footage

Number
of Units

Monthly Gross
Rent per Unit

Income
Targeting

1 Bedroom

683

10

$476

60%

2 Bedroom

886

20

$601

60%

3 Bedroom

1,058

30

$696

60%


One hundred (100) percent of the units are targeted to families whose income is 60% or less of the median gross income.



Carolina Cove of Myrtle Beach Apartments
830 Carolina Place
Myrtle Beach, SC 29577


Qualified Contract Price: $7,386,749

Property Details and Summary Information:
Nine (9) multi-story brick buildings consisting of 73 units targeted for families. Amenities include: On-site laundry facility, playground, units wired for cable television, washer and dryer connections in units, picnic area, swimming pool, tennis court, volleyball court, fitness center, dishwashers, etc.

LIHTC Units: 60
Market Rate Units: 12
Total Rental Units: 72
On Site Manager: Yes
Land Size: 10.18 acres
LIHTC Project ID: 99009

Unit Description:

Bedroom Mix

Bedroom Square
Footage

Number
of Units

Monthly Gross
Rent per Unit

Income
Targeting

2 Bedroom

979

44

$512

50%

2 Bedroom

979

4

$652

60%

2 Bedroom

979

8

$760

market

3 Bedroom

1,166

5

$629

50%

3 Bedroom

1,166

7

$840

60%

3 Bedroom

1,166

4

$855

market


Sixty-eight (68) percent of the units are targeted to families whose income is 50% or less of the area median gross income, fifteen (15) percent are targeted to families whose income is 60% or less of the area median gross income, with the remaining seventeen (17) percent available at market rent.


For Information contact:  Laura Nicholson, Development Director 
South Carolina State Housing Finance & Development Authority
300-C Outlet Pointe Blvd.
Columbia, SC 29210
Ph: (803) 896-9190
Email: 
laura.nicholson@schousing.com