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October 26, 2017 City Council Regular Meeting | |
Title Motion to approve a Resolution accepting a $5,000 donation from United Community Bank for the Savannah Affordable Housing Fund | |
Description Recommend approval of a resolution to accept a $5,000 donation from United Community 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 United Community Bank and other investors are used for administrative costs. The City’s Housing Department and the non-profit, Community Housing Services Agency, Inc. (CHSA), oversee and administer the SAHF. | |
Recommendation | |
Contact Martin Fretty, Director, Housing Department, City of Savannah | |
Financial Impact $5,000 contribution to the Savannah Affordable Housing Fund | |
Review Comments | |
Attachments United Community Bank SAHF Donation Resolution 102617.pdf |
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