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Affordable Housing
In 1999 GFCDC was awarded an Affordable Housing Program Loan, a fifteen year (15) direct subsidy/forgivable loan from the Federal Home Loan Bank of Atlanta, for use in housing renovation and community revitalization of the Forest at Columbia. GFCDC has instituted the following programs to benefit the residents of Forest at Columbia: Recreation Services; Tenant Counseling; Provision of twenty-five (25) pre-school scholarships to attend the Greenforest Early Learning Center; Stipends for AHP eligible residents to receive training in the field of Early Childhood Development from the Greenforest Early Learning Center; Employing six (6) AHP eligible residents to work in the Greenforest Early Learning Center; and creation of The Forest at Columbia Community Technology Center.
Green Forest Community Development Corporation is a limited partner and general manager with First Tennessee Bank of the "Forest At Columbia", a 161 unit low-to moderate-income multi-family affordable housing - apartment complex recently concluding a nine million dollar ($9 M) extensive exterior/interior renovation.
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