Historic Savannah Foundation Staff Member Completes Finance Course

HSFSAVANNAH, Ga. – Ryan Arvay, historic properties coordinator for Historic Savannah Foundation (HSF), recently completed Historic Real Estate Finance Training, the first course in the Historic Real Estate Development Finance Professional certification program offered through the National Development Council. Arvay earned a scholarship from the National Trust for Historic Preservation to attend the week-long training that focuses on redevelopment in historic areas, historic real estate, appraisals, investment skills, funding and lending dynamics, developing pro-formas, and federal and state rehabilitation tax credits.
“With his successful completion of this course, Ryan is even better equipped to work with local and state governments and community-based organizations to help create and implement unique economic development strategies,” said Daniel Carey, president and CEO of HSF. “We’re proud of his accomplishment and know it will help advance and sustain progress in Savannah’s historic neighborhoods.”

At HSF, Arvay manages the Revolving Fund, a nationally acclaimed program which acquires endangered historic properties.  Once acquired, the properties are secured, stabilized and marketed to preservation-minded buyers. In addition, Ryan serves on Project Enforce in conjunction with the City of Savannah’s Property Maintenance Division.  Those efforts curb blight and maintain historic buildings throughout the city.

Arvay earned a B.A. in theatre and media arts from Brigham Young University and an M.A. in historic preservation from Savannah College of Art and Design. Originally from the California Bay Area, Arvay works as an independent preservation consultant, and splits his time between Savannah and Atlanta.
NDC’s work focuses on HOMES, JOBS and COMMUNITY. Founded as a national nonprofit in 1969, NDC has worked for almost 50 years fulfilling its mission to increase the flow of capital for investment in low-income communities. NDC directs capital to support the development and preservation of affordable housing, the creation of jobs through training and small business lending and the advancement of livable communities through investment in social infrastructure.

Historic Savannah Foundation is a nonprofit historic preservation organization supported by a strong and dedicated membership. HSF was established in 1955 in order to save the 1820 Isaiah Davenport House from demolition. From this initial project, Historic Savannah Foundation launched a Revolving Fund which has since saved 360+ buildings. The mission of Historic Savannah Foundation is to preserve and protect Savannah’s heritage through advocacy, education and community involvement. For more information, visit www.myHSF.org orwww.DavenportHouseMuseum.org.

Media Contact:
Susan Hancock or Nancy Fullbright
Abshire Public Relations
912.844.9549 / 912.667.8728
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