Historic Savannah Foundation Staff Member Completes Finance Course
Thursday, June 30th, 2016
Ryan Arvay, historic properties coordinator for Historic Savannah Foundation, 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.