LOAN OVERVIEW

Borrower: Workshops at Howard Heights
Loan Amount: $578,000
Location: North Charleston, SC
Project Type: Community Business

SITUATION

Bill Hussey is a custom woodworker. Bill and his wife, Julie, wanted to serve Charleston’s craftspeople by creating a shared workspace where custom makers could gather and practice their craft. The Husseys had already purchased land in the Howard Heights neighborhood and were ready to get started on construction when they approached SCCLF.

SOLUTION

Workshops at Howard Heights is situated in a neighborhood that is experiencing a rebirth, and the Husseys are committed to creating a physical space that celebrates the neighborhood’s history. SCCLF saw an opportunity to partner with a borrower who understands the role community businesses play in community development and worked closely with Workshops to finance their construction.

IMPACT

Workshops at Howard Heights is committed to honoring their neighborhood’s history while being part of it’s revitalization. Local artisans, often microbusiness owners themselves, will have a place to practice their trades. By joining the ranks of other light industrial businesses in what they call the Craftsmanship Zone, Workshops at Howard Heights is part of a movement to renew their community while fostering economic development.