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|January 14, 2021 City Council Meeting|
7. Approval of a Resolution Accepting a $15,000 Donation from St. Joseph’s/Candler for the Savannah Affordable Housing Fund
Recommend approval of a resolution to accept a $15,000 donation from St. Joseph’s/Candler (SJ/C) for deposit into the Savannah Affordable Housing Fund (SAHF) that supports workforce and affordable housing initiatives for modest wage SJ/C employees becoming first-time Savannah homeowners. These crucial investments provide tangible results for both SJ/C and the City of Savannah.
Over the last seven years, SJ/C has invested a total of $105,000 into the SAHF. This public/private partnership serves as an exemplary model for other Savannah area employers. None of the investments made into the SAHF by SJ/C and other investors are used for administrative costs. The City of Savannah Housing and Neighborhood Services Department and CHSA, a non-profit housing corporation, oversee and administer the SAHF.
Martin Fretty, Housing & Neighborhood Services Department Director
$15,000 to the Savannah Affordable Housing Fund
Exhibit 1: Resolution - SJCHS.pdf