Previous Item Print Next Item

January 16, 2020 City Council Regular Meeting
Title
20. Motion to Approve a Resolution Accepting a $30,000 Donation from Memorial Health University Medical Center for the Savannah Affordable Housing Fund
Strategic Priority
Neighborhood Revitalization
Description

Recommend approval of a resolution to accept a $30,000 donation from Memorial Health University Medical Center (Memorial Health) for deposit into the Savannah Affordable Housing Fund (SAHF) to help modest income Memorial Health employees become first time Savannah homeowners.  None of the investments made into the SAHF by Memorial Health and other investors are used for administrative costs. The City of Savannah Housing and Neighborhood Services Department and the Community Housing Services Agency, Inc. (CHSA), a non-profit housing corporation, oversee and administer the SAHF.

Recommendation

Approval

Contact
Martin Fretty, Director, Housing & Neighborhood Services Department, City of Savannah
Financial Impact
$30,000 contribution to the Savannah Affordable Housing Fund
Review Comments
Agenda Plus