As we work on the issue of affordable housing through the Lowcountry of South Carolina, we are chipping at just one part of the state. So, we are delighted to introduce the Midlands Housing Trust Fund, an initiative of the United Way of the Midlands.

The Midlands Housing Trust Fund will provide gap funding for creating and preserving quality, affordable housing.  The MHTF will focus on people who struggle to secure housing including people who work at low-wage jobs, people with disabilities and other special needs.

Earlier this year, MHTF launched as an official nonprofit with a board of directors and committee. In April, the city of Columbia adopted the MHTF as its regional fund and committed start-up funding.  United Way of the Midlands also pledged match funding of $100,000 for direct program financing.

UWM is providing initial staff support and fiscal management; however, in the future the MHTF will function as a stand-alone nonprofit.

Other housing trust funds in South Carolina are the S.C. Housing Trust Fund and the Greenville Housing Fund.

These stats from the Midlands Housing Trust Fund demonstrate just how great the need is the heart of our state.

  • In the Midlands, between 35% and 50% of renters are considered housing burdened and between 20% and 35% of homeowners are housing burdened.
  • In the Midlands, professions making 80% or less of the area median income may include bank tellers, nurses and administrative assistants.