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April 28, 2022 City Council Regular Meeting | |
Title 28. Approval of a Resolution Adopting Amendment #1 to the Thomas Square Neighborhood Redevelopment Plan in Support of Investments, Incentives, and Policies that Facilitate the Retention, Improvement and Development of Affordable Housing. | |
Strategic Priority Neighborhood Revitalization | |
Description A resolution adopting Amendment #1 to the Thomas Square Neighborhood Redevelopment Plan for the purpose of increasing and supporting housing investments, incentives, and policies that 1) benefit low- and moderate-income persons including renters, homeowners, and homebuyers; 2) encourage resident diversity, and; 3) extend the date of the Thomas Square Neighborhood Revitalization Plan through December 31, 2031 so it coincides with the date of the 10 year Housing Savannah Action Plan. Adoption of this Resolution should result in the award of seven (7) points in support of a highly competitive application for Statewide housing tax credits. Without these and other points that the City can assist with, the application becomes less competitive and may not be awarded. | |
Recommendation Approval | |
Contact Martin Fretty, Senior Director, Housing & Neighborhood Services | |
Financial Impact N/A | |
Review Comments | |
Attachments Exhibit 1: Resolution Adopting the Thomas Square Neighborhood Redevelopment Plan Amendment #1.pdf Exhibit 2: Thomas Square Neighborhood Redevelopment Plan Amendment #1.pdf Exhibit 3: Thomas Square Neighborhood Redevelopment Plan Amendment #1 Slides.pdf |
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