Religious institutions in South Carolina can build affordable housing while retaining tax-exempt status.
The Religious Institutions Affordable Housing Act allows religious organizations recognized as 501(c)(3) by the IRS to build affordable housing on their property without losing their tax-exempt status. The housing must have at least ten units, with at least fifty percent designated as affordable. These units can be multifamily, duplexes, or single-family houses. The definition of affordable housing is a unit with an annual rent of sixty percent or less of the median household income in the county.
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