Charleston SC
7-13-2022 7:40am

West Ashley townhomes to be developed for working-class affordability and ownership

New townhomes are being developed in West Ashley to help service-industry workers and those on entry-level salaries buy a place to live instead of paying rent. The project is a joint effort of a builder and a nonprofit to create housing affordability in the Charleston area with downpayment assistance based on income.

The skyrocketing price of housing in Charleston has locked many would-be buyers out of the market, but a joint venture program aims to bring ownership to service-industry workers and those on entry-level salaries.

Prosperity Builders, a division of The Berry Co. that focuses on workforce housing, and the nonprofit Charleston Redevelopment Corp. will start construction soon on a 40-unit townhome development in West Ashley with affordability tied to the owner’s income.

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