Congresswoman Terri Sewell Announces $3.7 Million in Funding to Revitalize the Powell School Building

Birmingham, AL – July 2, 2015 – (RealEstateRama) — Congresswoman Terri A. Sewell (D-AL) announced that the U.S. Department of Housing and Urban Development (HUD) has awarded a $3.7 Million loan to the City of Birmingham to revitalize the Powell School Building.

Integral Group, a local developer, will use the funds to acquire the building which is a vacant former schoolhouse. The building will be converted into 24 units of studio, one-bedroom, and two-bedroom apartments. The property is located in a state-designated redevelopment area in northeast of downtown Birmingham.

“I am thrilled that this award will play a vital role in redeveloping downtown Birmingham. This project will create opportunities for economic development and bring much needed attention to the area. I applaud the efforts of local leaders who have joined together in ensuring that we address deteriorating and blighting structures in the Magic City.” Rep. Sewell said.

Previous articlePalmer on the Supreme Court’s EPA Decision
Next articleAmanda Howard Real Estate announces new director of operations