Community Development Committee | June 16, 2026

The City of Columbia's Community Development Committee met on June 16, 2026, to discuss multifamily housing projects supported through the Low-Income Housing Tax Credit (LIHTC) program administered by the South Carolina Housing Authority. The committee reviewed the status of five projects, including Midtown at Bull Street and Stone Ridge Village, with a total commitment of nearly $2 million from the city's general fund revolving loan fund. They noted that two projects did not receive LIHTC awards and thus did not receive city funding. The discussion included the application cycle timing, coordination with state housing authorities, and potential non-monetary support such as infrastructure improvements to enhance project scoring. The committee emphasized the importance of clear communication about available funds, noting that notices would only be issued when funds are available. Future meetings will focus on reviewing state housing criteria and exploring additional ways to support affordable housing development.