It is with great excitement and anticipation that we inform you the Lowcountry Housing Trust has changed its name and expanded its mission to better meet the needs of residents across South Carolina.
When we first opened our doors nearly ten years ago, we had the vision to create a local housing trust to meet the growing demand for affordable housing in the City of Charleston. Quickly, we realized the need reached beyond City limits and therefore, we expanded to include the Charleston tri-county area and soon thereafter, expanded to include other coastal counties of South Carolina.
Recognizing that vibrant, sustainable communities include more than affordable housing, in 2011 we expanded our lending program from exclusively affordable housing to include healthy food retail, community facilities, and community businesses. All services, including financing, technical assistance, and advocacy, will now be available statewide. As a result of this expansion, we needed a name that better represents the growth and future of our organization. Therefore, we are excited to announce that the Lowcountry Housing Trust will now be known as the South Carolina Community Loan Fund.
With our expansion comes tremendous opportunity for community development in the areas we currently serve and those with which we have yet to create a partnership. We remain committed to being a capital resource for all communities working to solve their own challenges through the creation of opportunity for their own residents. By expanding our lending and geographic focus, we are now able to secure broader capital investments for asset-based community development projects that will strengthen communities and create long-term economic opportunity for all of South Carolina.
On behalf of the South Carolina Community Loan Fund, we thank you for your support over the years, and look forward to working with you to create opportunity for underserved and disadvantaged communities in your community and across South Carolina. Together we are Investing in Community.