Excluded Programs:
X
Other Eligibility Criteria:
TIF districts in South Carolina must be designated a blighted, conservation or agricultural area located within the municipality's or the county's boundaries. Additionally, the redevelopment project area requirements hold an area ineligible for TIF unless the sound growth and redevelopment of that area cannot be accomplished without public intervention (known as a "but for" test). State law also requires each project to be publicly owned. Public hearings are also required to implement a TIF district.
Funding Match/Terms:
X
Source:
https://www.masc.sc/Pages/newsroom/uptown/July%202017/Tax-Increment-Financing-in-South-Carolina.aspx