Project Profile

Seagrove Village

205

Jobs Created

$2,436,250

Local tax Revenue Generated

$12,675,000

Income Generated

Seagrove Village Apartments is an existing 25-unit senior community in Estill, South Carolina, serving residents ages 62 and older. Built in 1996, the property operates under the LIHTC and USDA Rural Development Section 515 programs. All apartments are designated for households earning up to 60% of the Area Median Income, and residents benefit from Rental Assistance that caps their housing costs at 30% of adjusted income. The community is fully occupied and maintains a small waiting list, reflecting strong ongoing demand. Planned renovations will include extensive updates to both the apartments and shared spaces, and the property will continue operating under the RD 515 program with all Rental Assistance units retained.

Project Type:
Affordable Housing
Tax Credit Type:
State
Address:

184 Liberty Ave
Estill, South Carolina 29918

Contact us for more information about impact investing, federal and state tax credits.