CHSA - CHSA

CHSA Funds Homes

Community Housing Services Agency, Inc. (CHSA) is a local nonprofit 501(c)(3) housing organization established in 1989 by the City of Savannah in partnership with banking and community leaders to create and retain affordable housing. We leverage public and private investments to bring housing opportunities to underserved neighborhoods in Chatham County.

Affordable Housing is a Complex Mission! It Includes:

Listening to residents share their dreams
Understanding the rules that govern federal housing investments
Aligning our loan processes to ensure compliance
Cultivating the funders who share our vision
Educating residents about the housing opportunities open to them
Creating property renovation opportunities that match community needs

Collaborating with partners to secure financing
Investing in relationships with talented contractors to build our projects
Coordinating with all stakeholders to complete the successful project
Communicating the impact of our work to our community

Our Mission:

To facilitate the retention, improvement, and development of affordable quality housing and neighborhoods through innovative investments and partnerships.

Our Vision:

Creating communities in which safe and quality housing, neighborhoods, and living conditions are available and affordable to all.

CHSA oversees two main funds, the Savannah Affordable Housing Fund, and the CHSA Loan Fund. CHSA administers the SAHF for the City of Savannah. All loans are subject to loan committee approval as well as audit oversight from the Board of Directors of CHSA. Our service area includes all of Chatham County. See our Federal compliance statement.

On August 31, 2017, CHSA was certified by the U.S. Department of Treasury as a Community Development Financial Institution (CDFI). CDFI’s are mission-driven private financial institutions who are committed to supporting low- to moderate-income and other underserved people and communities.

What It Means To Be A CDFI?

It means…

We invest in local communities and the residents who live there by providing critically needed financing often unavailable from mainstream financial institutions.
We are certified by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund – known as the CDFI Fund. We share a common mission of serving low-income communities. CDFIs are commonly loan funds, credit unions, community banks, or venture capital funds.
We are part of a national network promoting economic growth in America’s underserved communities by financing businesses, creating jobs, and rebuilding neighborhoods.
We put the community first and value local, economic growth.