KCDC RIBBON-CUTTING UNVEILS MAJOR ‘GREEN’ RENOVATIONS

Published: 10/1/2010 11:24:32 AM

Knoxville’s Community Development Corporation (KCDC) held a ribbon-cutting ceremony to reopen the newly renovated Valley Oaks Apartments. The $1.8 million “green” renovation project is part of KCDC’s continued commitment to revitalizing communities, one neighborhood at a time.

“The Valley Oaks community is our first project associated with the Enterprise Green Communities initiative,” said Alvin Nance, KCDC executive director and CEO. “Working within the specifications Enterprise has outlined for the Green Communities program ensures the project is energy-efficient and cost-effective for our residents.”

The Enterprise Green Communities program is the only national framework for sustainable affordable housing. The criteria are designed to enable developers to build and rehabilitate homes that are healthier, more energy efficient and better for the environment without compromising affordability.

“This is a great project for this community and the City of Knoxville,” said Knoxville Mayor Bill Haslam at the event. “I am grateful for KCDC’s commitment to energy efficiency for affordable housing in Knoxville.”

Knox County Mayor Mike Ragsdale, on his final day in office, applauded the cooperative efforts between the city and the county in creating affordable housing. KCDC is now the official housing authority for Knox County as well as the City of Knoxville.