South Carolina Association of Community Development Corporations, Inc.
South Carolina Association of Community Development Corporations, Inc. is a statewide trade association of nonprofit, community-based development corporations that have provided three AFI grants since 2000, with the objective of promoting grassroots leadership development, advocacy, access to capital, and technical assistance.
South Carolina Association of Community Development Corporations, Inc. is a Network grantee with six subgrantees. The association emphasizes homeownership, postsecondary education, and business capitalization, with the goal of building wealth for low-income families. This grantee has been successful at securing peer mentors to assist subgrantees.
Partners
South Carolina Association of Community Development Corporations, Inc. partners with the Federal Reserve Bank of Richmond and six subgrantees to provide program implementation and outreach: Benedict Allen Community Development Corporation, Community Development Corporation of Marlboro County, Charleston Area Community Development Corporation, Eastern Carolina Community Development Corporation, Soteria Community Development Corporation, and Sumter County Community Development Corporation.
Assets for Independence Grant History
Project Title
South Carolina Statewide IDA Program
Highlights/Outcomes
630 IDAs have been opened.
818 participants have received financial education.
$512,918 saved by participants.
110 participants have purchased an asset.
Total AFI Funding
Total AFI Grant Funding:
$1,200,000
Total Non-Federal Support: $1,200,000
Focus Population
South Carolina Association of Community Development Corporations, Inc.’s network covers eligible low-income residents of Charleston, Columbia, Greenville, Florence/Marion, and Sumter, SC.
Contact
South Carolina Association of Community Development Corporations, Inc.
658 Rutledge Avenue Second Floor Charleston, SC 29403
(843) 579-9855
