Savannah Affordable Housing Trust Fund

The Savannah Affordable Housing Fund is a public-private partnership used to building and preserve affordable housing in Savannah, GA.

The SAHF was created in 2012 by the City of Savannah at the urging of StepUp Savannah with support from the Savannah Economic Development Authority, the Savannah Area Chamber of Commerce, and other business and community leaders. It helps our community address local housing needs and opportunities. It also helps leverage significant private financing and investment for housing.

From 2012-2016 the City has invested $800,000 in the SAHF for revolving loans. While the City,rightly, has taken the lead as the major SAHF investor, local banks, businesses, and non-profits have invested $138,060 in the SAHF since 2014. SAHF investors to date include, alphabetically, Ameris Bank, BB&T Bank, Bank South, CHSA, Group Cares, St. Joseph’s/Candler Health Systems, South State Bank, United Community Bank, and Wells Fargo Bank. Annual investments in the SAHF by these partners have typically ranged from $5,000 to $15,000 with $40,000 being the largest single deposit.

None of these investments have been used for program administration. Administration of the SAHF is presently absorbed by the City and its non-profit housing partner Community Housing Services Agency, Inc. (CHSA).

Contributed By: 
National Housing Trust

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