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City of Charleston, Charleston Redevelopment Corporation to Host Ribbon Cutting Ceremony for New Affordable Housing

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UPDATE: Due to the continued forecast of rain this afternoon, the ribbon cutting ceremony will take place inside the front lobby of the North Central Apartments at 1054 King Street.

-Original Post Below-

Charleston Mayor John J. Tecklenburg, Charleston City Councilmember Robert M. Mitchell, and Charleston Redevelopment Corporation Chairman Eli Poliakoff will take part in a ribbon cutting ceremony celebrating the acquisition of the North Central Apartments located at 1054 King Street. The ceremony will take place at 2 pm on Tuesday, June 28th in front of the building.

The event will be livestreamed on the city of Charleston Facebook page at www.facebook.com/CityCharleston.

Charleston Redevelopment Corporation, through its Palmetto Land Trust program has acquired the North Central apartments to permanently preserve these units as affordable housing. The City of Charleston provided $1.5 million towards the $5 million investment by the Charleston Redevelopment Corporation. The apartments are being held in the Palmetto Community Land Trust to preserve affordability in perpetuity.

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