Ribbon cutting ceremony held at Lodges on Lincoln
The Lodges on Lincoln held a grand opening and ribbon cutting ceremony on Tuesday at 52 Tower Drive.
City officials, County officials were on hand to celebrate the new housing area with representatives from Invictus Development LLC, Oympia Construction, Inc. and Alabama Housing Authority.
Selma Mayor James Perkins, Selma City Council President Billy Young, council members Jannie Thomas, Clay Carmichael, Christie Thomas, Dallas County Commissioner Jan Justice, Selma Police Chief Kenta Fulford, Selma Housing Authority Executive Director Kennard Randolph and Selma and Dallas County Chamber of Commerce and Tourism Executive Director Sheryl Smedley attended the event.
The total development for the project cost $10,841,675. The land was brokered by Harold Spear and Sandy Goff for $300,000.
“I thank the developers for not giving up on Selma,” Perkins said. “Harold Spears understands and develops property.”
Young called it a great day for the Queen City.
“It’s always a great thing when we bring the Selma family together,” Young said. “This is a project of unity and togetherness.”
Smedley said the new housing area is a positive thing for the community. Randolph said it’s always great to partner with other organizations for providing great housing in Selma.
Here’s some information about Lincoln Lodges:
-Alabama Housing Finance Authority provided $1.6 million in home funds.
-Annual housing leasing revenue over $320,000.
-Operating budget of $211,650.
-Over $7.3 million tax credit equity by RBC Communities.
-It has 56 affordable units, 32 with two bedrooms, two bathrooms, 24 have three bedrooms, three bathrooms.
-Two part-time positions are created: Manager and Maintenance Supervisor.
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