Project Profile

Springfield Apartments

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591

Jobs Created

$7,016,400

Local Tax Revenue Generated

$36,504,000

Income Generated

Springfield Apartments is an existing 72-unit family community in Darlington, South Carolina, undergoing renovation to preserve long-term affordability. Built in 1980, the property has operated under the USDA Rural Development 515 program since its inception and was last renovated in 1995 using LIHTC financing. All apartments serve households earning up to 60% of the Area Median Income, with 65 units receiving Rental Assistance that allows residents to pay no more than 30% of their adjusted income toward housing costs. The community remains fully occupied and maintains a strong waiting list, underscoring the continued need for affordable family housing in the area.

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

100 Springfield Cir #14A
Darlington, South Carolina 29532

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