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December 20, 2018, City Council Regular Meeting
Title
24. Motion to Adopt Resolution Accepting a $5,000.00 Donation from Wells Fargo Bank for the Savannah Affordable Housing Solutions Fund
Strategic Priority
Neighborhood Revitalization
Description

Recommend approval of a resolution to accept a $5,000.00 donation from Wells Fargo Bank for deposit into the Savannah Affordable Housing Solutions Fund (SAHSF) to address local workforce and affordable housing needs. 

None of the investments made into the SAHSF by Wells Fargo Bank and other investors are used for administrative costs.  The City's Housing & Neighborhood Services Department and the nonprofit Community Housing Services Agency, Inc. (CHSA), oversee and administer the SAHSF.

Recommendation

Approval

Contact
Martin Fretty, Director, Housing & Neighborhood Services Department
Financial Impact
$5,000.00 donation into the Savannah Affordable Housing Solutions Fund
Review Comments
Attachments
WF Donation Resolution 2018.pdf
Agenda Plus