Money Monday: South Carolina’s Opportunity Zones

June 20, 2019, 10:29 am EST | Share:

CHARLESTON, SC (FOX24 NEWS NOW) — Last year, Charleston was rated the worst city in the nation to start a small business. Why?

A study shows the expensive real estate market is to blame.

A lot of Charleston residents can agree that if you don’t have the income or the cash, finding a decent place to live in and around the Holy City is just not possible. However, efforts have been made to stem this issue at the grassroots and government levels.

During Leyla Gulen’s interview with Gov. Henry McMaster last year, he mentioned something called an opportunity zone. Well, there’s no better time than the present to start doing something about it.

Jeff Hudson is a Charleston transplant who sees the potential in our state and wants to make a change. He’s doing just that as the CEO of Halagard, an online private investment bank. Hudson spoke about these zones and much more on this edition of Money Monday.

Money Monday is brought to you by Anderson Brothers Bank. Give Anderson Brothers a call at 843-879-3389 to chat more about your lending needs or visit their website.