LOAN PRGRAMS
The Lowcountry Housing Trust provides financing for the production of new affordable housing units (homeownership, rental, and transitional housing) through new construction, substantial rehabilitation of vacant units or conversion of non residential buildings to residential use.
Through a variety of loans, incentives, gap financing, “soft” subordinate mortgages, and development services, LHT has assisted in financing the development of more than 500 affordable housing units representing $100M in local community development investments.
Programs terms and conditions and applications for Lowcountry Housing Trust programs can be found on our website under Loan Applications . Eligible applicants for all programs are non profit developers, for profit developers, or government entities. All units that are funded by LHT will be subject to affordability controls through a restrictive covenant that limits the property rights of the owner.
For more information on these programs, please contact: Patrick King at 843.737.6153
Note that all descriptions and terms are accurate at the time of publishing and subject to change at the sole discretion of the Lowcountry Housing Trust, Inc. 04-2009
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