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January 18, 2018 City Council Regular Meeting | |
Title 28. Motion to Adopt Resolution Accepting $20,000 Donation from BB&T Bank for the Savannah Affordable Housing Fund | |
Description Recommend adoption of a resolution to accept a $20,000 donation from BB&T 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 BB&T 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 $20,000 contribution to the Savannah Affordable Housing Fund | |
Review Comments | |
Attachments BB&T Bank SAHF Donation Resolution 011818.pdf |
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