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2005 Section 108 Project Summary - South Carolina

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 Information by State
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Public Facilities

Saluda Street Corridor Improvements
BORROWER: ROCK HILL
STATE: SC
SECTION 108 LOAN GUARANTEE AMOUNT: $2,250,000

Rock Hill will use the Section 108 Guaranteed Loan to finance housing rehabilitation, economic development activities and construction, rehabilitation, or installation of public facilities associated with the Saluda Street Corridor Neighborhood Revitalization project. The Saluda Street Corridor was designated a Neighborhood Revitalization Strategy Area (NRSA) by HUD on October 12, 2000. The NRSA is primarily residential and is the targeted service area for the City’s expenditure of Section 108 funds for affordable housing, public facilities, and neighborhood economic revitalization. This mixed project will be of benefit to low- and moderate-income persons through area benefit, job creation, and housing activities.

 
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