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January 18, 2018 City Council Regular Meeting
Title
26. Motion to Adopt Resolution Accepting $1,000 donation from Carver State Bank for the Savannah Affordable Housing Fund
Description

Recommend adoption of a resolution to accept a $1,000 donation from Carver State Bank for deposit into the Savannah Affordable Housing Fund (SAHF) to address local workforce and affordable housing needs.  None of the investments made into  the SAHF by Carver State Bank and other investors are used for administrative costs.  The City's Housing & Neighborhood Services Department and the non-profit, Community Housing Services Agency, In. (CHSA), oversee and administer the SAHF. 

Recommendation

Approval

Contact
Martin Fretty, Director, Housing & Neighborhood Services Department
Financial Impact
$1,000 contribution to the Savannah Affordable Housing Fund
Review Comments
Attachments
Carver State Bank SAHF Donation Resolution 011818.pdf
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