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| March 15, 2018 City Council Regular Meeting | |
| Title 13. Motion to Adopt Resolution Accepting a $10,000.00 Donation from South State Bank into the Savannah Affordable Housing Fund | |
| Strategic Priority Neighborhood Revitalization | |
| Description Recommend adoption of a resolution accepting a $10,000.00 donation from South 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 South State Bank and other investors are used for administrative costs. The City's Housing & Neighborhood Services Department and the nonprofit Community Housing Services Agency, Inc. (CHSA), oversee and administer the SAHF. | |
| Recommendation Approval | |
| Contact Martin Fretty, Director, Housing & Neighborhood Services Department, City of Savannah | |
| Financial Impact $10,000.00 donation into the Savannah Affordable Housing Fund | |
| Review Comments | |
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Attachments South State Bank SAHF Donation Resolution 030518.pdf |
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