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November 21, 2023 City Council Regular Meeting | |
Title 27. Resolution Authorizing the Chatham County/City of Savannah Land Bank Authority to Use Up to $220,000 to Acquire 1826 Florance Street and CHSA Development, Inc. to Use Up to $480,000 to Facilitate the Renovation of Four Apartments for Medically Fragile Persons Experiencing Homelessness. | |
Strategic Priority Neighborhood Revitalization | |
Description This resolution is to authorize the Chatham County/City of Savannah Land Bank Authority to use up to $220,000 of property acquisition funding to acquire 1826 Florance Street and to authorize CHSA Development, Inc. to use up to $480,000 from the Savannah Affordable Housing Fund (SAHF) to facilitate the renovation of a former row house to convert it into four accessible apartments that benefit medically fragile persons experiencing homelessness. | |
Recommendation Approval | |
Contact Martin Fretty, Senior Director, Housing & Neighborhood Services Department | |
Financial Impact Expenditure of $220,000 from the Property Acquisition Fund and $480,000 from the Savannah Affordable Housing Fund | |
Review Comments | |
Attachments Exhibit 1: Resolution Authorizing Funding for Purchase of 1826 Florance Street.pdf |
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