South Carolina State Housing Finance and Development Authority Minutes 2026-03-18
HTF Loan Approved for Shockley Ridge Project
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Description
The Authority approved a $1,165,318.56 SC Housing Trust Fund, 20‑year forgivable loan to InspireAbilities of Anderson County for the Shockley Ridge project. Funds will acquire and rehabilitate three duplexes to provide six supportive housing units for individuals with long-term disabilities.
Contract Details
Contract Amount
HTF Award Amount: $1,165,318.56 (20-year forgivable loan)
Vendor
INSPIREABILITIES OF ANDERSON COUNTY
Agency
South Carolina State Housing Finance and Development Authority, SC
Contract Type
FINANCIAL_SERVICES
Document Date
March 18, 2026
Contract Term
20-year, forgivable loan
Renewal Date
2046-03-18
Renewal Info
HTF assistance structured as a 20-year forgivable loan; no renewals anticipated, forgiveness contingent on compliance over term.
Issuing Agency
South Carolina State Housing Finance and Development Authority
State Housing Authority
Columbia, SC
More from South Carolina State Housing Finance and Development Authority
South Carolina State Housing Finance and Development Authority Minutes 2026-03-18
South Carolina State Housing Finance and Development Authority Minutes 2026-03-18
South Carolina State Housing Finance and Development Authority Minutes 2026-03-18
South Carolina State Housing Finance and Development Authority Minutes 2026-03-18
sc_state_housing_finance_and_development_authority.pdf
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