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18 chapters · 336 sections in this title.
S.C. Code Ann. § 31-13-410 Definitions
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As used in this article: (1) "Affordable housing" means residential housing that, so long as the same is occupied by lower or very low income households, requires payment of monthly housing costs of no more than thirty percent of one-twelfth adjusted annual income. (2) "Annual in…
S.C. Code Ann. § 31-13-420 Establishment of fund; trustee; records; payments from fund; annual report
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(A) There is established the South Carolina Housing Trust Fund. The State Treasurer shall serve as trustee for the fund and shall hold the monies deposited in the fund separate and distinct from the general funds of the State. The trust fund consists of monies received under this…
S.C. Code Ann. § 31-13-430 Advisory committee; composition; meetings; expenses
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(A) An advisory committee is established consisting of nine members, three of whom must be selected by the board and must include one member of a very low income household, one member of a lower income household, a representative of a nonprofit organization which pursues housing …
S.C. Code Ann. § 31-13-440 Duties of executive director
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(A) Pursuant to this article and in accordance with the procedures adopted by the board, the executive director is responsible for the day-to-day operations of the fund. (B) The executive director shall: (1) develop and implement a comprehensive program for the use of the fund wh…
