Disclaimer: The Commissioners and staff of the South Carolina State Housing Finance and Development Authority believe the attached Audited Financial Statements accurately reflect the financial condition of SC Housing as of the stated date. The financial condition of SC Housing may have changed since the date on these statements. No representation is made or implied by SC Housing that these Statements accurately reflect the financial condition on any date other than the date stated, and SC Housing gives no assurance that material changes in its financial condition have not occurred since such date. These statements are provided for information purposes only and should not be relied upon in making investment decisions with regard to any bond or other security issued by SC Housing.