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August 16, 2018 City Council Regular Meeting
Title
17. Motion to Adopt Resolution Accepting a $5,000.00 Donation from Community Housing Services Agency, Inc for the Savannah Affordable Housing Fund
Strategic Priority
Economic Strength And Poverty Reduction
Description

Recommend adoption of a resolution to accept a $5,000 donation from Community Housing Services Agency, Inc. (CHSA) to the Savannah Affordable Housing Fund (SAHF).  These funds were provided to CHSA for deposit into the SAHF for the purpose of helping low-income homeowners living in Savannah's 2nd District pay for minor property improvements.  None of the investments made into the SAHF are used for administrative cost.  CHSA, with assistance from the City's Housing & Neighborhood Services Department, oversees the implementation of SAHF initiatives. 

Recommendation

Approval

Contact
Martin Fretty, Director, Housing & Neighborhood Services Department, City of Savannah
Financial Impact
$5,000 to the Savannah Affordable Housing Fund
Review Comments
Attachments
Donation Resolution District II Property Improvement Initiative.pdf
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