Quality Affordable Housing Solutions
The mission of the Midlands Housing Trust Fund is to promote community development through financing, technical assistance, and advocacy for the creation and preservation of affordable housing for households at or below 80% of Area Median Income in the Midlands region of South Carolina.
MHTF is a certified Community Development Financial Institution that lends to housing developers for creation, rehabilitation, and preservation of affordable housing for households earning less than 80% of Area Median Income in a twenty-three county area of South Carolina (Abbeville, Aiken, Allendale, Bamberg, Barnwell, Calhoun, Clarendon, Edgefield, Fairfield, Florence, Greenwood, Horry, Kershaw, Lexington, Lee, McCormick, Marion, Newberry, Orangeburg, Richland, Saluda, Sumter, and Williamsburg). The Midlands Housing Trust Fund also provides gap financing for Low Income Housing Tax Credit (LIHTC) projects anywhere in the state of South Carolina.
Learn more about the Midlands Housing Trust Fund.
Learn more about the need for affordable housing in the Midlands.
What is a Community Development Financial Institution?
Housing is considered to be affordable when people pay no more than 30% of their income on housing costs. Households paying more than 30% of their income for housing are “housing cost-burdened.” More than 50% of renters and 35% of homeowners in the Midlands are housing cost-burdened.