After the initial success of the Horizon Village complex, the North Charleston Housing authority wants to move forward and complete another building and several townhouses for Charleston seniors that will cost approximately $7.2 million dollars. The development will be built on the 68 acre re-developed site that once was the area’s largest public housing project. The current development has 2 buildings that have 104 units and all of the units were occupied within 3 months of completion.
Most of the cost to build the facilities will come from low-income housing tax credits and an allocation from the North Charleston City Council for approximately $150,000 from its community development block grant funds. The rest will come from the authority, loans, contributions and grants.
For more information on the North Charleston development, click here.