JOHN’S ISLAND, S.C. (WCBD) –Charleston County officials announced the creation of a fund to support the development and preservation of workforce and affordable housing in the county Officials say this local housing trust fund is a renewable and sustainable source to finance affordable housing projects.
Charleston has seen an influx of people moving to the county over the last few years, resulting in less housing inventory and higher prices.
“This is responding to the growth of a lot of pressures that are pushing up housing prices,” said Robert l. Wehrman, who represents District 3, “We’ve got grassroots folks in the community. This is not creating a new builder or new nonprofit or anything it is facilitating the folks that are already doing that work in the community.”…