FY 2019 SC housing statewide economic impact report

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Authors
South Carolina State Housing Finance and Development Authority
Issue Date
2020-08-18
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Text
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Housing policy--Economic aspects--South Carolina , Economic assistance, Domestic--South Carolina , Economic impact analysis--South Carolina , South Carolina State Housing Finance and Development Authority. Homebuyer Program--Economic aspects
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Alternative Title
Embracing innovation : a key strategy for addressing the affordable housing crisis
Abstract
SC Housing makes great strides in supporting the development of affordable housing. These reports are annually conducted to provide an economic analysis of the benefits realized by the state as a result of program investments. In FY 2019, these independent researchers determined that for every $100 invested in our programs, we returned $179 to the state’s economy. This represents $1.12 billion in economic impact of the agency’s investments, supporting 7,260 jobs (full-time equivalent) and $74.8 million in state and local tax revenues generated. This year’s report includes an additional Decade in Review section, which shows our program trends over the last ten years. It allows us the unique opportunity to evaluate our impact and program trends against the backdrop of an ever-changing housing industry that is heavily impacted by shifting market conditions.
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South Carolina State Library
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Copyright status determined to be in the public domain on April 27, 2020 by United States Supreme Court ruling (Georgia et al., Petitioners v. Public.Resource.Org, Inc. : 590 U.S.__(2020))
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