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September 24, 2020 City Council Regular Meeting | |
Title 17. Approval of a Resolution accepting a $20,000 donation from Community Housing Services Agency, Inc. for the Savannah Affordable Housing Fund | |
Strategic Priority Neighborhood Revitalization | |
Description Recommend approval of a resolution to accept a $20,000 donation from Community Housing Services Agency, Inc., as a result of a grant award from Truist Bank, for deposit into the Savannah Affordable Housing Fund (SAHF) to support the volunteer and minor home repair programs to address local affordable housing needs. None of the investments made into the SAHF 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 Approval | |
Contact Martin Fretty, Director, Housing & Neighborhood Services Department | |
Financial Impact $20,000 | |
Review Comments | |
Attachments Exhibit 1: CHSA Truist SAHF Donation Resolution.pdf |
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