Established in 1957 with $100,000 raised by the foundation, HCF continues to use the revolving fund to purchase endangered historic properties, stabilize them and sell them to preservation-minded individuals with restrictive easements attached.
[2][3][4] The fund enabled the foundation to begin the Ansonborough Rehabilitation Project in 1958, an effort to save a six-block neighborhood bordered by Market, Calhoun, East Bay and Meeting streets.
In 2005, HCF purchased 13 Pitt Street, one of the largest properties in Charleston Village, and one that retains much of its original historic fabric.
Charleston Habitat for Humanity (HFH) confirmed that the family met requirements for assistance and is supervising subcontractors and volunteers.
HCF has been involved in the preservation of the historic elements of the building and is contributing funds for the joint project through its Neighborhood Impact Initiative program.
Restrictive covenants were placed on the house on Lee Street by HCF at the completion of the project to protect the property's historic integrity.
A businessman, rice planter, politician and governor of South Carolina, William Aiken Jr. was one of the state's wealthiest citizens.