Mobile Celebrates New Affordable Senior Housing In West Mobile

The City of Mobile recently joined nonprofit and private-sector partners to celebrate the opening of Live Oak Trace, a new affordable senior housing community in West Mobile. Developed in partnership with Aletheia House and The Morrow Cos., the $19.8-million project will create 56 apartment homes for residents aged 55 and older. The development is part of the city’s larger effort to expand affordable housing through strong nonprofit and private partnerships. The development of Live Oak Trace was funded by the City of Mobile’s American Rescue Plan Act (ARPA) allocations, with additional financial support from Regions Bank, the Alabama Housing Finance Authority and Hope Credit Union. Once leasing begins, the Mobile Housing Authority will also provide rental assistance to qualifying residents through housing choice vouchers. Each apartment at Live Oak Trace features two bedrooms and two bathrooms and includes refrigerators, stoves, dishwashers, microwaves and washer/dryer connections. Other amenities include a clubhouse, fitness center, computer room, gazebo, picnic area and enhanced security features. Applications for residency are available at the property at 6275 Overlook Road. These projects are supported by approximately $86 million in federal funding, including ARPA funds and funding from the Alabama Department of Economic and Community Affairs. Through public-private partnerships and work with nonprofits, these projects are expected to generate nearly $215 million in total investment in affordable housing developments across Mobile.