Lodges on Lincoln Construction Starts

The Lodges on Lincoln, a 56-Unit HOME and tax credit financed development in Selma, Alabama has started construction.   Site work continues preparing the site for building foundations.    The projected completion date for the units is October of 2019.    The equity provider for the development is RBC Tax Credit Equity and the construction lender is Wells Fargo.   The general contractor is Olympia Construction out of Albertville, Alabama.   The units will be managed by Olympia Management also in Albertville.

The development will consist of 32 two-bedroom and 24 three-bedroom units in four buildings with an additional clubhouse building that will include a laundry, fitness area, community room, and leasing office.   The development is off of Lincoln Drive in Selma with the clubhouse address being 55 Tower Drive, Selma, Alabama.