Charleston County Proposes Reallocating $1 Million in Federal Funds to New Affordable Housing Project
Charleston County, South Carolina, is considering reallocating $1 million in federal pandemic relief funds, originally designated for the delayed 275 Huger Street project, to a new affordable housing initiative called Eastside Flats. The current funds, tied to an American Rescue Plan Act (ARPA) program, must be spent by the end of the year. The proposed Eastside Flats project aims to develop 52 affordable apartments in downtown Charleston on three empty lots on Aiken Street. Eric Davis, Charleston County director of housing and land management, stated that the reallocation request is before the county council because the 275 Huger Street project will not be able to utilize the funding before the expenditure deadline. If approved, the $1 million would assist the Humanities Foundation in purchasing the three parcels from the city of Charleston, a crucial first step for the project.
