The Small Rental Development Program (SRDP) offers both federal and state funding sources for the development of new construction and rehabilitation of projects with small numbers of affordable housing units (4-39). Funding available for the 2026 Small Rental Development Program (SRDP) will be approximately $40,483,611.93 through a competitive application cycle beginning in April. For more information about SRDP eligibility and anticipated 2026 Program Schedule, and to register for the SRDP Application and Construction Workshop Sessions on Wednesday February 25th click on the SRDP 2026 Program Information page below.
A draft of the 2026 Small Rental Development Program Application Manual, included as part of the State’s 2026 Action Plan for Community Development funding is available for review and public comment here. Public comments must be submitted no later than 5:00 pm on February 17, 2026 to be taken into consideration. In addition, a public hearing will be held on January 28, 2026 at 10:30 am at South Carolina ETV, 1041 George Rogers Boulevard, Columbia, SC, 29201.
Anticipated Funding for the 2026 Funding Cycle:
- HOME Investment Partnership Program (HOME) - $25,481,797.66 (including up to $955,705.81 in set-aside funding for CHDOs)
- National Housing Trust Fund Program (NHTF) - $2,919,814.27
- SC Housing Trust Fund Program (HTF) - $12,082,000
