- New Units Opened: Four affordable housing cottages named Septima P. Clark Cottages at 89 Fishburne Street in downtown Charleston, S.C., celebrated with a ribbon-cutting by city leaders and the Charleston Redevelopment Corporation.
- Land and Funding: Built on land donated by the South Carolina Department of Transportation; city added $100,000 in federal funding for workforce housing and homeownership.
- Broader Context: Addresses housing cost burdens—local survey shows families spending ~30% of income on housing, complicating proximity to jobs.
- Future Plans: $55 million investment for 200+ more units over three years; part of Mayor William Cogswell’s goal for 35,000 affordable units by 2032.
Why It Matters
These cottages blend rental and ownership options to foster generational wealth, as noted by F.A. Johnson, CEO of the Charleston Redevelopment Corporation. They help working families and longtime residents stay in vibrant downtown areas amid growth pressures, easing commutes and supporting local employers.
This aligns with Charleston’s ongoing housing push—great news for community stability. Are you following other local developments, like similar projects in North Charleston or updates on the mayor’s full initiative?
