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December 7, 2017 City Council Regular Meeting
Title
Motion to Adopt Resolution Accepting $15,000 Donation from St. Joseph’s/Candler Health Systems for the Savannah Affordable Housing Fund (SAHF)
Description

Recommend adoption of a resolution to accept a $15,000 donation from St. Joseph's/Candler Health Systems (SJCHS) for deposit into the Savannah Affordable Housing Fund (SAHF) to help modest income SJCHS employees become first-time Savannah homeowners.  

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

Recommendation

Approval

Contact
Martin Fretty, Director, Housing Department, City of Savannah
Financial Impact
$15,000 contribution to the Savannah Affordable Housing Fund
Review Comments
Attachments
SJCHS SAHF Donation Resolution.pdf
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