Publications, Webinars, and Podcasts

South Carolina Community Capital Alliance Case Study

South Carolina Community Capital Alliance Case Study

In the state of South Carolina, community development practitioners have a history of organizing to capitalize on opportunities to create practical solutions for the state’s low- and moderate- income communities in both urban and rural areas. The statewide Community Development Corporation (CDC) association was founded in 1994 by four CDCs. And, in 2000, the state General Assembly provided $10 million in grants, loans and tax credits to certified CDCs by enacting a Community Economic Development Act. The legislation required a state certification of entities as CDCs and CDFIs. Even though CDFIs may be certified by the U.S. Treasury, the state of South Carolina is separate and apart from that process.

read more