24-unit complex provides much needed homes for victims of 2011 Tornadoes

Decatur, AL — On Friday April 25^th at 1:30 PM, Community Action Partnership of North Alabama (The Partnership) will host a groundbreaking celebration for a new 24 unit apartment complex at The Village at Oliver Place, 1362 Pike Avenue in Phil Campbell.

The small town of Phil Campbell was devastated after the April 27, 2011 tornadoes; 28 lives were lost, 300 residents were displaced, 138 homes were destroyed, and 75% of local businesses were damaged. The Partnership, along with national partner NeighborWorks^® America, and several local and state nonprofits and elected officials united to develop a plan of action to help in the recovery process.

“Although recovery has been slow, this development points to the result that can be created when national, state and local elected officials combine efforts with non-profits to create housing solutions,” said Michael Tubbs, executive director of The Partnership. “Our company is pleased to be able to build this high-quality, affordable housing in Phil Campbell and we are glad to be a part of creating better housing in an area so hard hit by the storms in 2011.”

This energy efficient apartment complex will consist of five separate buildings housing 14 two-bedroom/two-bathroom units, and 10 three-bedroom/2-bathroom units. Each apartment will have a separate HVAC, and will be equipped with energy-efficient electrical appliances and washer/dryer connections. Resident will have access to a community building housing an exercise, laundry and computer room, and the landscaped grounds will have a gazebo, playground, grill and picnic areas.

As the leading non-profit developer of affordable housing in Alabama, The Partnership created this development with the backing of the Alabama Housing Finance Authority, the State of Alabama CDBG office, Development Services Inc. and local lender Bank Independent. The equity investor is Raymond James Corporation.

About the Community Action Partnership of North Alabama (The Partnership)

The Partnership, whose mission is to reduce or eliminate the causes and consequences of poverty in the Tennessee Valley, was founded in 1965 and primarily serves Cullman, Morgan and Lawrence Counties, although results are now delivered in 15 north Alabama counties. Through a comprehensive, results-driven model, the Partnership leverages federal, state and local funds to manage programs that assist families in becoming economically independent. The Partnership is the largest non-profit developer of affordable housing in Alabama with a portfolio of over 30 properties that provide safe, energy efficient and quality housing to over 1,500 residents. The Partnership is also part of the national NeighborWorks^® network, an affiliation of more than 230 nonprofit organizations that increase homeownership, produce affordable housing and revitalize neighborhoods in more than 4,400 communities across the nation. For more information go to http://www.capna.org