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April 14, 2022 City Council Regular Meeting
Title
42. Approval of a Resolution Accepting a $50,000 Donation from Community Housing Services Agency, Inc. via Galvan Foundation for the Savannah Affordable Housing Fund.
Strategic Priority
Neighborhood Revitalization
Description

Approval of a resolution to accept a $50,000 donation from Community Housing Services Agency, Inc. (CHSA) via Galvan Foundation for deposit into the Savannah Affordable Housing Fund (SAHF). This investment will leverage other public and private investment to address local workforce and affordable housing needs and opportunities. None of the investments made into the SAHF 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.

Recommendation

Approval

Contact
Martin Fretty, Senior Director, Housing & Neighborhood Services
Financial Impact
$50,000 contribution to the Savannah Affordable Housing Fund.
Review Comments
Attachments
Exhibit 1: CHSA Galvan Foundation SAHF Donation Resolution.pdf
Agenda Plus