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Town of Summerville Planning Area - BCD Council of Governments

Town of Summerville Planning Area - BCD Council of Governments

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Table HO5: Projects in <strong>Summerville</strong> Funded by theLow Income Housing Tax Credit since 1989Name <strong>of</strong>Project Location Municipality County # <strong>of</strong> Units # <strong>of</strong> Low Income UnitsCountry ClubApartments<strong>Summerville</strong>Villas303CountryClub Blvd.350 LudenDrive<strong>Summerville</strong> Dorchester 32 32<strong>Summerville</strong> Dorchester 41 41Source: Lowcountry Housing TrustRural Development HousingIn addition to housing funded through the LIHTC, additional low‐income rental housing in <strong>Summerville</strong>has been funded with the assistance <strong>of</strong> the US Department <strong>of</strong> Agriculture’s Rental Assistance program.This program assists very low income (Less than 50 percent <strong>of</strong> an area’s median income), low income(less than 80 percent <strong>of</strong> the area median), disabled renters, and elderly renters by assisting in paying thedifference between 30 percent <strong>of</strong> their adjusted monthly income and the market rent <strong>of</strong> a unit. Thereare two apartment complexes in the <strong>Summerville</strong> area funded through the Rental Assistance Program(Table HO6).Table HO6: Apartment Complexes in the <strong>Summerville</strong> <strong>Area</strong> Funded by theUSDA Rural Development Multi‐Family Rental ProgramName <strong>of</strong> Complex Location Number <strong>of</strong> UnitsSummer Pines Apts. 400 Diana Ct. 48<strong>Summerville</strong> Villas 350 Luden Dr 42Source: USDA Rural DevelopmentHousing Element Page 14

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