State and local governments sell tax-exempt Housing Bonds, commonly known as Multifamily Housing Bonds, and use the money to finance construction of apartments that are affordable to lower income families. SC Housing's Multifamily Tax Exempt Bond Financing Program provides permanent real estate financing for property being developed for multifamily rental use. Development teams should have sufficient experience in multifamily rental housing designed for use by low to moderate income tenants to assure the successful completion and operation of the development.
|Application Deadline||Board Meeting Date|
|December 1, 2018||January 16, 2019|
|No meeting scheduled for February|
|February 1, 2019||March 20, 2019|
|No meeting scheduled for April|
|March 29, 2019||May 15, 2019|
|May 3, 2019||June 19, 2019|
|No meeting scheduled for July|
|June 28, 2019||August 21, 2019|
|August 2, 2019||September 18, 2019|
|September 6, 2019||October 16, 2019|
|October 4, 2019||November 20, 2019|
|No meeting scheduled for December|
Questions regarding the Multifamily Tax Exempt Bond Financing Program can be directed to Jeff Maddox in the Housing Development Division.