|
|
| June 25, 2026 City Council Regular Meeting | |
| Title 41. Resolution Authorizing the Transfer of Vacant Lots Located at 1836 Kollock Street and 1838 Kollock Street to the Chatham County/City of Savannah Land Bank Authority to Facilitate the Development of Affordable Housing in Aldermanic District 1. (Housing Services Department) | |
| Strategic Priority GOAL 2: Invest in Equitable Community Development & Resiliency | |
| Description Resolution authorizing the City Manager to transfer vacant lots located at 1836 Kollock Street (PIN 20067 05016) and 1838 Kollock Street (PIN 20067 05015) to the Chatham County / City of Savannah Land Bank Authority (LBA). The LBA will combine the two lots into one lot then 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% net property sales proceeds. | |
| Review Comments | |
|
Attachments Exhibit 1: Resolution to Transfer City Lots at 1836 & 1838 Kollock Street to LBA.pdf Exhibit 2: LBA Request for City Property Transfer 1836 and 1838 Kolloch St.pdf |
|
|
