H3738: South Carolina Housing Development Revenue Enhancement Act
Legislative Summary
Amend The South Carolina Code Of Laws By Enacting The "south Carolina Housing Development Revenue Enhancement Act" By Adding Section 31-3-1700 So As To Enable Housing Authorities To Utilize Tax Increment Financing (tif) And Other Revenue Mechanisms, To Support The Development And Financing Of Affordable Housing, To Encourage Public-private Partnerships, And To Include Project-generated Revenues As A Secondary Source Of Repayment For Bonds Issued.
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