O
Charleston
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OtherApproved55 Lee Street, Charleston, SC 29403

Poinsette Senior Apartments Subordination Agreement

Charleston

Description

Request to subordinate the city's right of first refusal and first offer for an affordable senior housing project to meet lender requirements.

Impact summary

Supports the development of affordable senior housing downtown by clearing a financing hurdle.

Applicant

Name
Poinsette Senior Apartments, LLC
Address
55 Lee Street, Charleston, SC 29403See this on the map

At a glance

Hearings
1
Public comments
0
Total mentions
1

Last vote · City Council

Approved5–0, unanimous

Last discussed May 21, 2026.

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