Workforce Housing Pilot Program: Incentives for Homebuilders

SC Housing’s Workforce Housing Pilot Program: Incentives for Homebuilders

Are you a homebuilder looking to make a lasting impact while benefiting from financial incentives? SC Housing invites you to participate in its Workforce Housing Pilot Program, a groundbreaking initiative designed to tackle South Carolina's pressing shortage of affordable, workforce housing.

This pilot program offers homebuilders a unique opportunity to contribute to their communities while benefiting from valuable subsidies.

Why Participate?

Incentives for Builders

Builders will receive $10,000 per home in subsidies to offset various costs and fees.
Projects must deliver affordable, high-quality homes with a minimum size of 1,000 square feet, with a maximum sales price of $175,000.
SC Housing provides a streamlined process to ensure your participation is efficient and rewarding.
Showcase your commitment to addressing the state’s housing challenges.

Program Information

The deadline to submit applications from interested homebuilders is April 23, 2025.
More information for builders can be found in the program application, found here.
Qualified Builder applicants will construct up to 10 homes per application (for a total of 30 units total, statewide under the pilot program), ensuring consistent quality and adherence to program goals.

Addressing a Statewide Challenge

South Carolina faces a critical shortage of affordable housing for workers earning 80–120% of the area median income. Factors like rising interest rates, escalating home prices, and over a decade of underbuilding have compounded the issue. The median listing price of homes in the state has risen to $350,000, making entry-level homeownership increasingly out of reach.

This program tackles the challenge head-on by incentivizing the construction of smaller, affordable homes for working families and individuals.