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June 25, 2026 City Council Regular Meeting
Title
40. Resolution Authorizing the Transfer of a Vacant Lot Located at 715 East 38th Street to the Chatham County/City of Savannah Land Bank Authority to Facilitate the Development of Affordable Housing in Aldermanic District 2. (Housing Services Department)
Strategic Priority
GOAL 2: Invest in Equitable Community Development & Resiliency
Description

Resolution Authorizing the City Manager to transfer a vacant lot located at 715 East 38th Street PIN 20063 19006 to the Chatham County / City of Savannah Land Bank Authority (LBA). The LBA will market and sell the lot to a party who will construct new housing affordable to purchase or rent by low- and moderate-income households. Sale prices and rents for affordable dwellings shall not exceed those established for the DreamMaker Program or HUD Fair Market Rents, respectively.

Recommendation

Approval

Contact
Martin Fretty, Senior Director, Housing Services Department
Financial Impact
90% of net property sales proceeds.
Review Comments
Attachments
Exhibit 1: Resolution to Transfer City Lot at 715 E 38th Street to LBA.pdf
Exhibit 2: LBA Request COS Property 715 E 38th St.pdf
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