logo
Savannah selected for national initiative focused on financial empowerment

Savannah selected for national initiative focused on financial empowerment

Yahoo04-06-2025
SAVANNAH, Ga. (WSAV) – The City of Savannah has been selected to participate in a program that supports local governments in developing comprehensive financial empowerment strategies.
The CityStart initiative is led by the Cities for Financial Empowerment Fund (CFE Fund). The City will receive intensive technical aid and a $100,000 planning grant to craft a community-informed financial empowerment blueprint.
This plan will guide policy and programming to support residents in building assets, improving economic mobility, and creating long-term financial stability.
'Building wealth at the neighborhood level is key to building a stronger Savannah for everyone,' Mayor Van R. Johnson II said 'Through this initiative, we are not only addressing the barriers our residents face now but also creating a roadmap that breaks generational curses and empowers families to leave financial legacies for their children's, children.'
'CityStart gives Savannah the tools, expertise, and partnerships we need to turn financial empowerment into lasting outcomes for our residents,' City Manager Jay Melder said, 'We're excited to build on the work we've already begun and to design a locally driven strategy that reflects the voices and needs of our community.'
'Across the country, leaders are using the levers of local government to deploy financial empowerment strategies that improve their residents' financial stability,' Jonathan Mintz, president and CEO of the Cities for Financial Empowerment Fund said. 'Our CityStart initiative provides a platform for deep engagement between governments, residents, and other critical partners to create a community-informed plan for transforming residents' financial lives. We look forward to working with the City of Savannah and Mayor Van Johnson to advance financial empowerment and wealth opportunities in Savannah.'
Through CityStart, Savannah will align with local priorities and partnership opportunities, helping residents grow, sustain, and protect their assets. Savannah joins the seventh national CityStart cohort, which also includes:
Kansas City, Mo.
Memphis, Tenn.
Milwaukee County, WI
Springfield, Mass.
St. Petersburg, Fla.
To date, 44 localities have participated in the CityStart process.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Stars, stripes and sticker shock? Certain cookout items may be more expensive this year, study finds
Stars, stripes and sticker shock? Certain cookout items may be more expensive this year, study finds

The Hill

time27-06-2025

  • The Hill

Stars, stripes and sticker shock? Certain cookout items may be more expensive this year, study finds

SAVANNAH, Ga. (WSAV) — You may be gearing up to start the grill and prepare the perfect July 4 picnic, but you may still find some sticker shock on grocery store shelves, despite a new report showing the average cookout will cost less than last year. According to the American Farm Bureau Federation (AFBF), this year marks the second-highest average Independence Day cookout cost since the organization began tracking in 2013. The average cost of a Fourth of July picnic for 10 people will cost $70.92 in 2025, down slightly from $71.22 last year. 'Inflation and lower availability of some food items continue to keep prices stubbornly high for America's families,' said AFBF associate economist Samantha Ayoub. 'High prices don't mean more money for farmers, however.' 'Farmers are price takers, not price makers,' she continued. 'Their share of the food retail dollar is just 15%. The cost of running their farm is up, from labor and transportation to taxes.' The AFBF determines the average cost for cookout staples like cheeseburgers, potato salad and ice cream by having volunteers visit their local grocery stores nationwide to review prices. This year, the cost breakdowns were collected in early June. The 2025 data show an increase in the cost of beef, potato salad and canned pork and beans, while there are drops in the cost of pork chops, chips, and hamburger buns. The table below shows this year's estimated costs on the left, beside last year's costs found by AFBF. According to the AFBF, 2025 marks the highest price for beef since they began tracking cookout prices. Rising beef prices have been fueled by drought conditions, consumer demand, and the recent New World screwworm threat. Meanwhile, pork prices have dropped compared to last year thanks to 'elevated production and higher market hog weights.' Another analysis by Wells Fargo found similar price increases over the last year, as well as higher costs across produce items. Cauliflower, broccoli, potatoes, and baby carrots are all up at least 1 percent in that time frame, while cherry tomatoes are up 3.7 percent. Common cookout goods that have also seen a price hike since 2024 include apple pie (1.5 percent), beer and wines (under 2 percent), liter bottles of soda (2 percent), and flavored sparkling waters (4.7 percent). Eggs, seemingly still seeing high prices due to the avian flu, are up 40 percent over the last year, according to Wells Fargo. The latest Consumer Price Index shows at-home food costs are up 2.2 percent over the last year. The cost of food away from home, meanwhile, is up 3.8 percent.

King-Tisdell Cottage Foundation holds new board member reception
King-Tisdell Cottage Foundation holds new board member reception

Yahoo

time13-06-2025

  • Yahoo

King-Tisdell Cottage Foundation holds new board member reception

SAVANNAH, Ga. (WSAV) – On Sunday, June 8, the King-Tisdell Cottage Foundation marked a significant milestone in its 40-year legacy of preserving and promoting Savannah's African American history, culture, and community leadership. The foundation hosted a New Board Member Reception and Open House at the historic Beach Institute African American Cultural Center. Chairman Jerry Q. Greene, Sr., spoke to those in attendance about the foundation's guiding purpose, stating, 'History teaches us how people who looked like us solved similar problems in the past.' With their generous support, many in attendance were inducted into the newly established 'Friends of the Cottage', a dedicated group formed to help secure resources and broaden community investment in the King-Tisdell Cottage Foundation. 'Friends of the Cottage' will serve as an important fundraising and advocacy arm for the foundation by supporting its preservation efforts, educational programming, and cultural initiatives, including exhibits like 'The Art of Richard Law' and 'Priced Out', a collaborative project with Housing Savannah and SCAD Serve. Guests were also treated to a guided tour of both the Beach Institute and King-Tisdell Cottage, allowing them to experience firsthand the rich legacy of African American entrepreneurship, education, and resilience. For more information about the King-Tisdell Cottage Foundation or to become a Friend of the Cottage, please visit click here or call 912-335-8868. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store