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January 18, 2018 City Council Regular Meeting | |
Title 27. Motion to Adopt Resolution Accepting $5,000 Donation from Synovus Mortgage Corporation for the Savannah Affordable Housing Fund | |
Description Recommend adoption of a resolution to accept a $5,000 donation from Synovus Mortgage Corporation 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 Synovus Mortgage Corporation and other investors are used for administrative costs. The City's Housing & Neighborhood Services Department and the non-profit, Community Housing Services Agency, Inc. (CHSA), oversee and administer the SAHF. | |
Recommendation Approval | |
Contact Martin Fretty, Director, Housing & Neighborhood Services Department | |
Financial Impact $5,000 contribution to the Savannah Affordable Housing Fund | |
Review Comments | |
Attachments Synovus Mortgage Corporation SAHF Donation Resolution 011818.pdf |
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