Alethia House To Construct Housing In Mobile

Birmingham-based Aletheia House, a federally recognized Community Housing Development Organization, has announced it will construct 56 new affordable housing units for seniors in Mobile. Known as Live Oak Trace, the $18-million affordable housing development will be located at the intersection of Overlook and Middle Ring roads. It will be financed through private investors receiving Low-Income Housing Tax Credits with support from the State of Alabama and City of Mobile. In addition to amenities catering to seniors, Live Oak Trace will be required to keep rent affordable to low-to-moderate-income residents, including seniors living on a fixed income. “This is the beginning of a great partnership because, in addition to this project, Aletheia House will also be establishing an office in Mobile that will be housed in the nonprofit resource center the City of Mobile will be opening in 2023,” Mobile Mayor Sandy Stimpson said. “With a physical presence in Mobile, Aletheia House will be able to better plan and develop affordable rental and for-sale housing, as it has in other communities throughout the state of Alabama.”