Make a secure, tax-deductible contribution to the Midlands Housing Trust Fund:

For all other donations, please make checks payable to Midlands Housing Trust Fund and mail to:
Midlands Housing Trust Fund
1201 Main Street | Suite 1480 | Columbia, SC 29201

The Midlands Housing Trust Fund is a 501(c)(3) not-for-profit organization and all donations are tax-deductible. Tax Identification Number: 27-4149384

SC Community Development Tax Credits
South Carolina provides up to a 50% credit against state tax liabilities to businesses, corporations, insurance companies, financial institutions, and individual donors for each dollar invested or donated to a certified Community Development Corporation (CDC) or Community Development Financial Institution (CDFI). This credit is commonly referred to as the community development tax credit. The community development tax credit was enacted in 2000. Read more about how you can reduce your tax bill AND earn interest on your investment in the work of the Midlands Housing Trust Fund.

The tax credit provides unique benefits to community supporters and donations can be structured to best suit a donor’s circumstances. Unlike most tax credits and deductions, which apply only to donations, a contribution to a CDC or CDFI can be structured as a donation or an investment. Donations to a tax-exempt organization are deductible for federal income tax purposes. Since South Carolina generally follows federal income tax, a federal income tax deduction also has the effect of reducing South Carolina taxable income. For example, if an individual is in the 39.6% federal tax bracket and 7% South Carolina tax bracket, a donation to a tax-exempt organization reduces taxable income by 46.6% and makes the effective cost to the donor of a donation 53.4% of the amount donated.

If a community supporter utilizes the community development tax credit they can receive a greater benefit than they would otherwise receive by simply deducting the amount of a donation for income tax purposes. If a credit is claimed for a donation to a CDFI then no income deduction can be claimed for South Carolina income tax purposes (the donor would still receive the federal income tax deduction). This is an acceptable trade off, however, since the 33% credit is more valuable than the South Carolina income tax deduction (the highest South Carolina income tax bracket is 7%). For example, a $100 donation to a CDFI can offset $33 of tax, while a $100 donation to a regular tax-exempt organization can offset $7 of tax.

A community supporter can also structure a contribution to a CDFI as an investment. For example, investments can be structured as a loan to a CDFI. The donor can receive an immediate tax credit for making the loan, interest payments on the loan, and ultimately a return of principal. This allows donors to make low interest loans to CDFIs while still earning an attractive rate of return. For example, if someone loans a CDFI $100,000 they would get an immediate $33,333 tax credit, interest payments during the term of the loan, and a return of principal at maturity.

Donor Privacy Notice
The Midlands Housing Trust Fund (MHTF) is committed to protecting the privacy of our donors. MHTF does NOT sell, trade, or rent your personal information to others. We use the information we collect from you for donor communications and processing only. MHTF may transfer some information to our agents for purposes such as clearing credit cards, but always under strict confidentiality. The only time we would release personal information outside the provisions of our privacy policy is if we conclude, in good faith, that it is necessary to comply with legal requirements, to enforce our rights or to protect MHTF, you, or our other donors.

Certain types of investments made by South Carolina residents and businesses chartered in South Carolina may be eligible for for the South Carolina Community Development Tax Credit – Learn more.