Borrower: FreshStart Hampton, LLC

Loan Amount: $800,000

Location: Kingstree, SC – Williamsburg County

Project Type: Affordable Housing Loan



FreshStart Hampton, LLC targets properties that are not operating at full occupancy due to poor management practices and lack of maintenance. FreshStart identified a 48 unit apartment complex in Kingstree, SC to purchase. They wanted to keep the apartment complex affordable and conventional financing was not available.


FreshStart Hampton approached SCCLF about the project. The company planned to contract with Southeastern Property Management, a long standing affordable housing partner of SCCLF’s, to manage the complex. This partnership combined with the project goal, made them a good fit for SCCLF’s affordable housing loan program. SCCLF approved a $800,000 permanent loan for FreshStart, LLC to purchase the property.


This 48 unit apartment complex will provide much needed safe, affordable housing rental units for residents of a rural, persistent poverty county.