South Carolina Code 31-13-460. Units of state, regional, and local governments eligible to receive monies from fund
Current as of: 2023 | Check for updates
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Terms Used In South Carolina Code 31-13-460
- Affordable housing: means residential housing that, so long as the same is occupied by lower or very low income households, requires payment of monthly housing costs of no more than thirty percent of one-twelfth adjusted annual income. See South Carolina Code 31-13-410
- fund: means the South Carolina Housing Trust Fund. See South Carolina Code 31-13-410
- State: means the State of South Carolina. See South Carolina Code 31-13-170
Units of state, regional, and local governments, including municipal corporations and nonprofit and for-profit housing sponsors, are eligible to apply to receive monies from the fund for the development of affordable housing.