Affordable Homeownership Opportunities

We’re excited to share the Home Investment Partnership Program, a joint effort from the City of Columbia Community Development Department and TN Development Corporation, led by Mr. Harrison Joseph. This program aims to make homeownership more accessible by providing quality, affordable homes for eligible buyers.

We look forward to supporting you on your journey to homeownership.

Eligible Properties

There are several single-family homes located within the City of Columbia corporate limits that will be developed. Click on each property below to learn more.

2331 Pendleton Street Columbia, SC 29205 (Cottage B)2323 Pendleton Street Columbia, SC 29205 (Cottage D)2328 Pendleton Street Columbia, SC 29205 (Cottage A)2338 Pendleton Street Columbia, SC 29205 (Cottage A)

1733 & 1725 Ogden Street Columbia, SC 29204 (Cottage C)1811 McFadden Street Columbia, SC 29204 (Cottage B)1817 McFadden Street Columbia, SC 29204 (Cottage A)1821 McFadden Street Columbia, SC 29204 (Cottage D)

Loan Structure:

Funding & Buyer Assistance

Available to households at 80% or below Area Median Income (AMI)
Up to $18,500 in purchase assistance as a forgivable 2nd mortgage which can be used for closing costs or mortgage principal reduction (subject to need and funding availability)
$500 required down payment
Estimated 3% interest rate
NO Private Mortgage Insurance (PMI)
City of Columbia: 1st Mortgage (100%)

Who is eligible?

Income-qualified buyers (per HUD guidelines)
Credit-worthy applicants
Must complete HUD-approved Homebuyer Education (certificate valid for 12 months)
Cannot own another improved property within 3 years prior to purchase
Home must be owner-occupied while City mortgage is in place

1401 Main Street, Columbia, SC 29201

Phone: (803) 545.3373

Fax: (803) 255.8912

Community.Development@columbiasc.gov