Charleston County Gap
Through the U.S. Treasury American Rescue Plan Act, Charleston County, as a Treasury recipient of Coronavirus State and Local Fiscal Recovery Funds (SL-FRF), contracted with SCCLF to administer gap financing for five affordable housing projects: The Archer School, Esau Jenkins, Bridge North Charleston, 275 Huger Street, 573 Meeting Street (One80 Place)
This strategic partnership between Charleston County and SCCLF will have a lasting impact on vulnerable communities for years to come.
Bridge North Charleston
Bridge North Charleston is a community redevelopment initiative in the Accabee and Hub Village neighborhoods, featuring 20 new low- to moderate-income townhomes. Made possible by a $1.5 million American Rescue Plan grant through Charleston County and managed by SCCLF, the project aims to provide affordable housing and mitigate gentrification in the historic lower North Charleston area.
Esau Jenkins Village
Named in honor of civil rights leader Esau Jenkins, this $26 million affordable housing complex on St. John’s Island offers 72 units for low-income seniors. Located next to the Sea Island Community Healthcare Center, it benefits from expanded healthcare services. Financing came from Citibank, the City of Charleston, PNC Bank, S.C. Housing, and Charleston County, contributing $3.26 million in gap funding.
