Affordability

A region with diverse and attainable housing choices for all residents.

COST BURDENED HOUSEHOLDS FOR EVERY 10 HOUSEHOLDS IN THE CHARLESTON REGION

Housing costs impact some residents more than others

Renters, low income, people of color, and frontline workers are disproportionately likely to experience housing cost burden. Renters are almost twice as likely to be housing cost burdened than owner households.

Sources: 2014-2018 ACS 5-Year Estimates, SB Friedman

HOUSEHOLD EMERGENCY RENTAL ASSISTANCE (ERA) THROUGH SEPTEMBER 2021

Emergency rental assistance programs vital to households hard-hit by the pandemic

Through September 31, 2021, $13.0M in emergency rental assistance funds were distributed to over 2,500 households across the region.

Dorchester County did not receive a direct allocation of Emergency Rental Assistance funds. Dorchester County residents are eligible to request assistance through the state.
Source: US Treasury, SB Friedman

How do you feel about the following statement: “I can afford to live in the type of home and location I prefer.”

What we heard

Nearly 1 in 3 household respondents indicated they cannot afford to live in their preferred housing.

Source: One Region Roadmap 2021 Household & Business Survey, SB Friedman