South Carolina Housing Trust Fund – Housing Preservation Initiative

How it works

The South Carolina Housing Trust Fund says it provides funding and assistance for eligible home repairs through the Housing Preservation Initiative, Disaster Assistance Program, and Supportive Housing Program. The Housing Preservation Initiative helps low- to very low-income homeowners with essential interior and exterior repairs to correct life, health, and safety issues so they can remain safely in their homes.

What the money covers

The official page says funding can help repair or replace major housing systems, including roofs, water heaters, and HVAC equipment. Accessibility modifications for people with disabilities are also eligible. Depending on the scope of work, a private home inspection may be required to identify additional needed repairs.

Amounts and matching

Repairs under $15,000 are awarded as a grant. Repairs over $15,000 are provided as a forgivable loan as long as the homeowner maintains the home as a primary residence for the required period.

How it works with contractors

The Housing Trust Fund says an approved sponsor coordinates the work with qualified contractors.

How to apply

Homeowners must contact an approved sponsor whose service area covers the county where the property is located. The page says sponsors may begin submitting applications for the Housing Preservation Initiative as of July 1, 2026.

Timing and deadlines

The page identifies the initiative as statewide and says it is being rolled out through approved sponsors. It also says legacy home repair projects already open must be completed under legacy requirements.