# Opportunity South Carolina

> Opportunity South Carolina (OSC) is a mission-driven 501(c)(3) nonprofit
> that helps multifamily property owners in South Carolina and North Carolina
> reduce property taxes by 80% or more through nonprofit-involved ownership
> structures, while preserving affordable housing.

## Organization Overview
- Founded: 2020
- Headquarters: 1521 Laurens Rd 17481, Greenville, SC 29607
- EIN: 85-0901332
- Type: 501(c)(3) Nonprofit
- CEO/Chairman: Mark Elliott

## What We Do
OSC partners with multifamily property owners to restructure ownership to
include a nonprofit housing corporation. Under South Carolina Code Section
12-37-220(B)(11)(e), properties owned by nonprofit housing corporations
devoted to providing housing to low or very low income residents qualify for
property tax exemption. This reduces property taxes by 80% or more, delivering
immediate NOI improvement while preserving affordable housing.

## Pages
- [Homepage](/): Property tax exemption for multifamily owners in SC and NC through nonprofit ownership structures.
- [How It Works](/how-it-works): Step-by-step process of qualifying a property for nonprofit property tax exemption.
- [About](/about): Organization overview, founder background, and OSC's mission to preserve affordable housing.
- [Case Studies](/case-studies): Real examples of multifamily properties where OSC reduced property taxes and preserved affordable housing.
- [For Multifamily Owners](/for-multifamily-owners): Information for property owners on partnering with OSC to reduce operating costs.
- [Impact](/impact): OSC's mission impact across South Carolina and North Carolina through nonprofit property ownership.
- [Resources](/resources): Articles, guides, and tools for affordable housing stakeholders.
- [Pre-Qualify](/pre-qualify): Free property evaluation to see if your multifamily property qualifies for tax exemption.
- [For Residents](/residents): How OSC's nonprofit ownership structure reduces rent burden for affordable housing residents.
- [North Carolina](/north-carolina): Multifamily property tax exemption under NCGS 105-278.6 for North Carolina owners.
- [South Carolina](/south-carolina): Multifamily property tax exemption under SC Code 12-37-220 for South Carolina owners.
- [Contact](/contact): Get in touch with OSC to discuss your property or partnership opportunities.
- [Privacy Policy](/privacy-policy): How OSC collects, uses, and protects information.

## Portfolio
- 20,000+ affordable housing units preserved
- 90+ properties approved
- 6,000 senior residents served
- $89.4 million in JEDA bond financing secured
- Properties across Columbia, Greenville, and Spartanburg

## Legal Framework
- SC: Code Section 12-37-220(B)(11)(e) — nonprofit housing corporation exemption
- NC: Gen. Stat. 105-278.6(a)(8) — charitable housing exemption
- IRS: Revenue Procedure 96-32 — safe harbor provisions
- Case law: In re Blue Ridge Housing of Bakersville LLC, 226 N.C. App. 42 (2013)

## Contact
- Email: melliott@opportunitysouthcarolina.com
- Website: https://opportunitysouthcarolina.com
- Pre-qualification: https://opportunitysouthcarolina.com/pre-qualify