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U.S. House Assistant Democratic Leader James E. Clyburn (SC) today released the following statement after introducing the Restoring Tax Credits for Affordable Housing Act and cosponsoring a package of affordable housing bills.

South Carolina REALTORS® (SCR) today released its August housing market data. The numbers indicate that prevailing inventory and sales trends lasted throughout the summer.

In a bipartisan effort to help more everyday Americans achieve homeownership, U.S. Senators Tim Scott (R-SC) and Mark Warner (D-VA) introduced legislation to include some of the 26 million “credit invisible” individuals in the housing market.

U.S. Senator Tim Scott (R-SC) joined several of his colleagues in introducing bipartisan legislation that aims to help youth aging out of foster care with their housing needs. The Fostering Stable Housing Opportunities Act would grant priority preference for federal housing assistance to foster youth who are aging out of care and allow youth in foster care to apply for housing assistance at the age of 16, prior to aging out, which in many states occurs the day foster youth turn 18

The House of Representatives passed legislation introduced by Congressman Tom Rice (R-S.C.) that would strengthen American investment in nuclear energy and save energy consumers money by clarifying the U.S. tax code to allow for more effective use of the nuclear production tax credit (PTC).

U.S. Senators Tim Scott (S.C.), Roy Blunt (Mo.), Jack Reed (R.I.), and Bob Menendez (N.J.) today introduced the bipartisan Family Self-Sufficiency Act, which would streamline and improve the U.S. Department of Housing and Urban Development’s Family Self-Sufficiency (FSS) program.

U.S. Congressman Jeff Duncan (R-SC-03), Chairman of the House Committee on Foreign Affairs’ Subcommittee on the Western Hemisphere, delivered the following opening statement at the Subcommittee hearing entitled, “Energy Opportunities in North America”

The U.S. Department of Housing and Urban Development (HUD) announced today that it has charged Bank of America, N.A., and two of its employees with violating the Fair Housing Act by discriminating against prospective Hispanic mortgage borrowers in Charleston, South Carolina.

Senator Tim Scott (R-SC), Chairman of the Banking Committee Subcommittee on Housing, Transportation, and Community Development, and Chairman Richard Shelby (R-AL), Chairman of the Committee on Banking, Housing, and Urban Affairs, are demanding Housing Secretary Julian Castro provide answers for the appalling conditions that persist at some of our nation's federally funded public housing properties

Following reports of the IRS seizing and refusing to return the assets of law-abiding, small business owners, U.S. Senators Tim Scott (R-SC) and Sherrod Brown (D-OH) introduced the bipartisan Restraining Excessive Seizure of Property through Exploitation of Civil Asset Forfeiture Tools (RESPECT) Act.

U.S. Senator Tim Scott (R-SC), chairman of the Senate Banking, Housing, and Urban Affairs Subcommittee on Housing, Transportation, and Community Development, announced that the subcommittee will hold a hearing Thursday, September 22nd, on the Department of Housing and Urban Development’s (HUD) inspections process at properties in Florida managed by Global Ministries Foundation (GMF). Bahamas Real Estate

The Senate has overwhelmingly passed the Housing Opportunity Through Modernization Act (HOTMA), a bill introduced by U.S. Senator Tim Scott (R-SC), Robert Menendez (D-NJ) and colleagues that focuses on instituting federal reforms that will improve families’ access to high-opportunity areas and quality of life while cutting overall program costs

South Carolina REALTORS® (SCR) today released its June housing market reports. The data show an up-tick in sales and prices for most areas, while the number of homes for sale and total months supply of inventory have been going down.

U.S. Senators Tim Scott (R-S.C.), Chair of the Senate Subcommittee on Housing, Transportation, and Community Development, Bob Menendez (D-N.J.), Ranking Member of the Senate Subcommittee on Housing, Transportation, and Community Development, Chris Coons (D-Del.) and Roy Blunt (R-Mo.) today introduced the Housing Opportunity Through Modernization Act (HOTMA), which would streamline and reform federal housing programs to expand affordable housing opportunities for low-income families in high-opportunity neighborhoods with lower crime and better schools, improve the quality of life for public housing residents, strengthen work incentives, reduce homelessness and cut red tape

The City of Charleston and homeless service providers have been working diligently for the past 60 days to assist individuals in tent city with alternative housing options, as the population of tent city has shrunk from 115 individuals to 43 as of March 28, 2016. The city has now arranged to provide transitional housing for all remaining residents of tent city, as more permanent housing solutions are sought

U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro today announced $157 million will be awarded to South Carolina communities for disaster recovery efforts following significant rainfall and flooding in October 2015. The funds will help to meet remaining unmet housing, economic development, and infrastructure needs that resulted from thousands of homes and small businesses being damaged or destroyed.

South Carolina REALTORS® (SCR) today released its 2015 annual market report. The data shows the real estate market in South Carolina experienced its best year since the end of the Great Recession in 2009

In October of 2015 South Carolina REALTORS® (SCR) in partnership with the National Association of REALTORS®, began offering assistance to South Carolina’s flood victims through the REALTORS® Relief Foundation (RRF). As of December 31st, the program has come to a close and the final numbers have been tallied.

South Carolina REALTORS® (SCR) today released its December 2015 real estate market reports. The data reveals that the South Carolina housing market wrapped up the year on a positive note, with increases in both closed sales and median sales price.

South Carolina REALTORS® (SCR) today released its November 2015 real estate market reports, showing that residential real estate experienced the best year for that month since the recession. The year is wrapping up to have the best national showing since 2006