Press Releases
State Housing Authority to Hold Tax Credit Application Workshop - 12/30/2003
The South Carolina State Housing Finance and Development Authority will sponsor a Low Income Housing Tax Credit Application Workshop on Friday, January 9th at the Clarion Hotel, 1615 Gervais Street in Columbia.
The Workshop, scheduled from 8:30 A.M. until 1:00 P.M., is being held to review the Low Income Housing Tax Credit application process and manuals with people interested in participating in the Tax Credit program.
Under the Housing Credit program, investors are entitled to an annual income tax credit for 10 years, based on the type of investment used. In return for the credits, the owners must agree to rent units to households whose incomes, based on HUD-published median income limits, qualify as below the median income for the county. The Housing Credit program is designed to compensate the property owner for charging rents that are lower than what would be considered feasible without the credits.
For questions relating to this workshop, please call Shante Edmonds at (803) 734-4761. There is no registration fee for this workshop.
The South Carolina State Housing Finance and Development Authority is a self-supporting agency of state government and operates at no cost to the taxpayers of the state.
Equal Housing Opportunity