A house RESOLUTION

 

To recognize and honor Nathaniel A. Barber for his outstanding leadership and service as former chief executive officer of the South Carolina Community Loan Fund and for his enduring dedication to community development across the state of south Carolina.

 

Whereas, the members of the South Carolina House of Representatives are pleased to recognize and honor Nathaniel A. Barber for his invaluable contributions to the South Carolina Community Loan Fund (SCCLF) and for his steadfast dedication to advancing community development across the State of South Carolina; and

 

Whereas, Mr. Barber served with distinction as former chief executive officer of the South Carolina Community Loan Fund, providing visionary and mission-focused leadership that strengthened the organization's ability to expand access to responsible capital and inclusive economic opportunity for individuals, small businesses, and communities throughout the Palmetto State; and

 

Whereas, with more than twenty years of experience in the banking industry, Mr. Barber has long championed strategic investment and responsible finance, and he was the first to make an investment in SCCLF under the Community Reinvestment Act on behalf of South State Bank, helping to catalyze broader engagement in community development finance across South Carolina; and

 

Whereas, through his leadership and collaboration with public, private, and philanthropic partners, Mr. Barber's efforts have contributed to meaningful investment in economic development projects serving communities across the state, supporting job creation, neighborhood revitalization, and long-term community resilience; and

 

Whereas, in 2023, Mr. Barber played a critical role in efforts resulting in the South Carolina Community Loan Fund being awarded $50 million in New Markets Tax Credit allocation from the United States Department of the Treasury, Community Development Financial Institutions Fund and SCCLF was one of only three community development entities in South Carolina to receive this allocation; and

 

Whereas, as of January 5, 2026, Mr. Barber's dedicated efforts again resulted in the South Carolina Community Loan Fund receiving $75 million in New Market Tax Credit (NMTC) allocation from the United States Department of the Treasury, Community Development Financial Institutions Fund. This substantial NMTC allocation represents the largest funding award received by SCCLF to date, marking a milestone that will further strengthen SCCLF's capacity to deliver transformative community and economic development outcomes across South Carolina; and

 

Whereas, it is fitting and proper that the South Carolina House of Representatives pause to commend Nathaniel A. Barber for his exemplary service, principled leadership, and lasting impact on community development in this State. The members extend their best wishes for continued success and fulfillment in all his future endeavors. Now, therefore,

 

Be it resolved by the House of Representatives:

 

That the members of the South Carolina House of Representatives, by this resolution, recognize and honor Nathaniel A. Barber for his outstanding leadership and service as former chief executive officer of the South Carolina Community Loan Fund and for his enduring dedication to community development across the State of South Carolina.

 

Be it further resolved that a copy of this resolution be presented to Nathaniel A. Barber.

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