Standard Communities Leads Partnership to Acquire, Renovate 300-Unit Affordable Housing Community in Charleston
CHARLESTON, S.C. — Standard Communities has led a public-private partnership that acquired Bridgeview Village Apartments, the largest privately owned affordable community in Charleston. Standard Communities partnered with the U.S. Department of Housing and Urban Development (HUD), South Carolina State Housing Finance and Development Authority (SC Housing) and nonprofit firm Housing on Merit for the transaction.The Bridgeview Village acquisition had a total capitalization of over $97 …