At the close of last year, the South Carolina Community Loan Fund (SCCLF) held its annual Board of Directors meeting at FoodShare, a key tenant of...
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New Markets Tax Credits
New Market Tax Credits in Action: The Low Country Food Bank
In a significant step toward addressing food insecurity in South Carolina’s rural communities, the Lowcountry Food Bank (LCFB) is constructing a new 20,000-square-foot distribution center in Hampton County. This transformative project, made possible partly through New Market Tax Credits (NMTC) from the South Carolina Community Loan Fund (SCCLF), will dramatically improve food access for residents across the region’s most vulnerable communities.
New Market Tax Credits | Financing Hope and Safety with Safe Harbor
Rendering by M Peters Group
SCCLF Invests $7 million into Allen University project
South Carolina Community Loan Fund (SCCLF) invested $7 million of New Markets Tax Credit into a community-based project that will breathe life back...
SCCLF’s 2020 NMTC Allocation
The U.S. Department of the Treasury’s Community Development Financial Institutions Fund (CDFI Fund) announced last week that South Carolina...
NMTC Project Funding: $5M for TK Gregg Community Center
OVERVIEW Project: TK Gregg Community CenterCredits Allocated: $5,000,000Location: Spartanburg, SCProject Type: Community Facility SITUATION The...