Nonprofit Boosts Affordable Homeownership in North Charleston

Nonprofit Boosts Affordable Homeownership in North Charleston

North Charleston, a city in South Carolina, is set to benefit from increased opportunities for affordable homeownership, funded by the American Rescue Plan Act.

The Bridge North Charleston, a nonprofit organization dedicated to neighborhood revitalization initiatives, has completed its flagship undertaking, the North Bridge Townhomes. This project is part of a broader endeavor to tackle the affordable housing crisis confronting the Greater Charleston area.

Project Financing and Ownership Opportunities

The construction of the North Bridge Townhomes project, situated at 2312 Meridian Road, was facilitated by the award of $1.5 million in ARPA Gap Funding.

The townhome community features 20 units, available for purchase with up to 100% financing for qualifying buyers. The pricing strategy is designed to accommodate varying income levels, thus extending the ownership opportunity to a broader demography. Furthermore, the property is deed-protected as affordable housing for a century.

Growing Affordable Community Residences

North Charleston Mayor Reggie Burgess endorsed the completion of the North Bridge Townhomes as yet another milestone in the city’s commitment to promoting sustainable and affordable homeownership.

Burgess applauded Bridge North Charleston’s staunch dedication to partnering with the community to foster a more robust and inclusive environment, where every resident has an equal opportunity to thrive.

Townhome Features and Contact Details

The North Bridge Townhomes development comprises 12 units with two bedrooms and two-and-a-half bathrooms, and an additional eight units sporting three bedrooms and two-and-a-half bathrooms.

Each townhome is outfitted with modern amenities, including an oven and range, refrigerator, microwave, dishwasher, washer, dryer, and window blinds. Interested parties can reach out to the Exit Realty Lowcountry Group at 843-619-3005 for further information about the townhomes.

Grand Opening Ceremony

Bridge North Charleston will host a grand opening ceremony for the North Bridge Townhomes community on June 27 at 11:30 a.m.


Author: HERE Charleston

HERE Charleston

Recent Posts

Hurricane Helene Causes Nearly $200 Million in Damage to South Carolina’s Timber Industry

Hurricane Helene Leaves $194 Million Impact on South Carolina Timber Industry Horry County, S.C. —…

17 hours ago

Charges Against South Carolina Forward Ashlyn Watkins Dismissed Amid Legal Proceedings

Charges Dismissed Against South Carolina Forward Ashlyn Watkins Columbia, S.C. - Suspended South Carolina forward…

17 hours ago

Columbia Woman Surprised by Large Snake in Bathroom

Columbia Woman Encounters Snake in Bathroom Columbia, South Carolina – In a surprising incident early…

17 hours ago

Execution of Inmate Richard Moore Marks South Carolina’s First Execution in 13 Years Amid Racial Controversy

Spartanburg, South Carolina Richard Moore, a 59-year-old inmate, was executed on Friday evening in South…

18 hours ago

Burglary Attempt Leads to Arrest of Repeat Offender in North Charleston

NORTH CHARLESTON, S.C. – Burglary Gone Wrong Leads to Arrest! In a bustling neighborhood in…

20 hours ago