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).
100 Lee's Crossing Drive
Spartanburg, SC 29301
Qualified Contract Price: $13,853,377.00
Property Details and Summary Information:
Seven (7) garden style buildings consisting of 192 units targeted for families. Amenities include: On site dishwashers, microwave ovens, ceiling fans, balcony, exercise room, computer center, picnic area, etc.
| LIHTC Attributes | |
| LIHTC Units | 192 |
| Market Rate Units | 0 |
| Total Rental Units | 192 |
| On Site Manager | Yes |
| Land Size | 16.45 Acres |
| LIHTC Project ID | 50842 |
| Bedroom Mix | # of Units | Unit Sq. Ft. | Income Targeting | Monthly Gross Rent per Unit |
| 1 BR | 34 | 687 | 60 | 792 |
| 2 BR | 102 | 932 | 60 | 944 |
| 3 BR | 56 | 1,107 | 60 | 1,083 |
Target Income Summary:
Units are targeted to 60% income qualifying residents
1000 Cashew Lane
Sumter, SC 29153
Qualified Contract Price: $5,080,751.00
Property Details and Summary Information:
Eight (8) two-story garden style apartment buildings consisting of 64 units targeted for families. Amenities include: On site dishwashers, microwave ovens, ceiling fans, covered porches, etc.
| LIHTC Attributes | |
| LIHTC Units | 64 |
| Market Rate Units | 0 |
| Total Rental Units | 64 |
| On Site Manager | Yes |
| Land Size | 6.58 Acres |
| LIHTC Project ID | 03025 |
| Bedroom Mix | # of Units | Unit Sq. Ft. | Income Targeting | Monthly Gross Rent per Unit |
| 2 BR | 6 | 860 | 50% | $559 |
| 2 BR | 23 | 860 | 50% | $633 |
| 2 BR | 19 | 860 | 60% | $792 |
| 3 BR | 2 | 1,020 | 50% | $636 |
| 3 BR | 8 | 1,020 | 50% | $720 |
| 3 BR | 6 | 1,020 | 60% | $904 |
Target Income Summary:
Units are targeted to 50% and 60% income qualifying residents
For More Information
Questions regarding Year 15 Properties can be directed to TaxCreditQuestions@schousing.com in the Housing Development Division.