Summerville Business Directory
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South Carolina Community Loan Fund
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1051-A Gardner Rd., Charleston SC 29407
- 843-973-7285
Business Details
Brief Description
Service Area
South Carolina
Website
Business Ownership
Non-profit
Business Info
Business Details
Since our founding in 2004 as the Lowcountry Housing Trust, SCCLF has evolved into a statewide leader in community economic development. What began as a grassroots initiative to fund affordable housing has evolved into a strategy that supports entrepreneurs, revitalizes neighborhoods, and strengthens local economies. We are committed to supporting hardworking South Carolinians, including entrepreneurs, small business owners, and those in rural communities to ensure they have the resources needed to achieve economic success and long-term stability. Thanks to our partners, we can impact our communities. We receive funding from multiple sources, including federal grants from the U.S. Treasury’s CDFI Fund, bank investments to meet Community Reinvestment Act (CRA) requirements, and philanthropic contributions from foundations and nonprofits. We also work with private investors and receive support from state and local government programs. This funding mix enables us to provide affordable financing to drive economic development throughout our state.
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