Affordable housing is hard to come by in Charleston, but the city is trying to alleviate the problem any way it can.
The Department of Housing and Community Development recently constructed two detached single-family residences at 1904 Doscher Ave. and 56 Nunan St. that are now available for purchase through its First Time Homeownership Initiative.
The program, developed in 2000, aims to provide affordable homeownership opportunities for low- and moderate-income families, while stimulating revitalization and preserving both the affordability of housing and the character of diverse neighborhoods on the peninsula.
A combination of newly constructed and rehabilitated homes are made available through the program, each developed and sold to first-time buyers with households earning 50 percent to 120 percent of the area's median family income, or $34,400 to $82,560.
The Doscher Avenue and Nunan Street properties are available to first-time home buyers with an annual household income not exceeding 80 percent of the median income, or $55,050.
The two homes were constructed with funding from the U.S. Department of Housing and Urban Development’s HOME Investment Partnership Program, which provides formula grants to state and local governments to create affordable housing.
On a mission
A new office-warehouse building that will house a veteran-owned small business is under construction in North Charleston.
The 16,313-square-foot structure at 6655 Jet Park Road will serve as the headquarters for Mission Solutions Group Inc., which serves the military sector, according to the commercial real estate firm Lee & Associates.
Construction is expected to be completed next spring.
Lighting the way
A Charleston-based construction firm recently broke ground on a new project near Myrtle Beach
Frampton Construction Co. will build a 46,028-square-foot manufacturing facility for Illinois-based developer Agracel Inc. in Conway. Finland-based lighting supplier Teknoware will occupy 5,000 square feet for office space. Among Teknoware's customers for customized vehicle lighting solutions is Volvo Cars, which is building its first U.S. automobile manufacturing plant in Berkeley County near Charleston.
The project in the Atlantic Center is expected to be completed by May.