Developers for the project have advised BJHT that they will delay their application for federal and state tax credits until 2025. Competition for the limited amount of resources is fierce and BBR, LLC is hopeful their application will be a top contender for funds next year. Funding layers from many sectors continues to be crucial for the successful production of affordable housing.
BJHT will provide updates for the project once SC Housing opens LIHTC applications in 2025. Main Street Village at Hardeeville would be a new affordable housing community in the city of Hardeeville, SC. The first phase of the project will consist of 80 apartment homes (studio, 1, 2 and 3 bedrooms).