COUNCIL FOR ALCOHOL AND DRUG ABUSE SERVICES, INC.

FOR IMMEDIATE RELEASE: The Council for Alcohol and Drug Abuse Services (CADAS)
announces a groundbreaking ceremony on Monday, February 29, 2016 at 10:00 am for a new 24 unit
sober living community located on the current CADAS property at the corner of Manning and Minor
Streets.
The new apartments will house residences for men and women in single occupancy, one bedroom
apartments. Support services such as relapse prevention, life skills and community meetings will be
available for all residents of the units.
Recognizing the need to address the significant housing issues of people in early recovery, Jeannie
Harper, President of the Board of Directors of CADAS, stated This project represents the culmination
of three years of planning to create a facility which will provide permanent housing to these worthy
individuals. CADAS has served the substance abuse needs of our community for over 50 years, and this
project positions CADAS to continue these invaluable services while increasing our organizational
outcomes for years to come.
We are thrilled to add this valuable component to our list of tools in our continuing struggle against
addiction, said Paul Fuchcar, CADAS Executive Director. Our hope is that, for these 24 people in
early recovery, living in our apartments will redefine how they view their personal recovery and assist
them in regaining their lives.
The project is set to complete in the Spring of 2017.
The project is funded in part with grants from the Federal Home Loan Bank of Cincinnati and the
Tennessee Housing Development Agency with additional funding from Pinnacle Financial Partners, Inc.
Other partners in the project are the Chattanooga Housing Authority, The Tennessee Creating Homes
Initiative and the Tennessee Department of Mental Health and Substance Abuse Services. CADAS is a
grateful United Way recipient.

Providing affordable housing should be top priority because its critical to the success of the
community, said Kenny Dyer, Pinnacles Chattanooga president. We are thrilled to partner on this
project and look forward to seeing the long-term positive it makes for the residents.
The Chattanooga Housing Authority (CHA) has enjoyed a 20 year long professional relationship with
CADAS, beginning in 1996 with the Family Way Program, states Betsy McCright, CHA Executive
Director. We are very excited about the creation of 24 new affordable apartments in Chattanooga that
will assist individuals in recovery and are optimistic that the Chattanooga Housing Authority may be
able to assist with project based vouchers at the site.
THDA Executive Director Ralph M. Perrey said Sometimes having the safety and security of a place to
call home can be that final piece of help a person needs to get their lives back on track after battling
addiction, Perrey said. We applaud CADAS for taking on this project and providing much needed
housing for this high risk group.
The groundbreaking ceremony will take place at 10 a.m. on Monday February 29, 2016, and will
include: Mayor Andy Burke, Chattanooga; Jeannie Harper, CADAS President of the Board of Directors:
Todd Berry, FHLB Cincinnati; Betsy McCright, Chattanooga Housing Authority; Kenny Dyer, Pinnacle
Financial Partners; Toni Shaw Tennessee Housing Development Agency; Susan Greene, Tennessee
Creating Homes Initiative; and Paul Fuchcar, CADAS Executive Director.

Federal Home Loan Bank of Cincinnati

Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) is a $119 billion congressionally-chartered
regional wholesale bank providing financial services for residential housing and economic development
to 699 member financial institutions located in the Fifth FHLB District of Kentucky, Ohio and
Tennessee. It has contributed $582 million for the creation of more than 74,000 units of lower-income
housing through its Affordable Housing Program since 1990. Additionally, the FHLBs Board of
Directors has voluntarily contributed more than $32 million from profits in response to members
community needs including natural disaster home reconstruction, foreclosure mitigation, emergency
repair and accessibility rehab for special needs and elderly populations. The FHLB System includes 11
district Banks, is wholly owned by its approximately 7,300 member institution stockholders and does
not use taxpayer dollars.

Pinnacle Financial Partners

Pinnacle Financial Partners provides a full range of banking, investment, trust, mortgage and insurance
products and services designed for businesses and their owners and individuals interested in a
comprehensive relationship with their financial institution. Pinnacles focus begins in recruiting top
financial professionals. The American Banker recognized Pinnacle as the third best bank to work for in
the country in 2015.

The firm began operations in a single downtown Nashville location in October 2000 and has since
grown to more than $8.7 billion in assets at Dec. 31, 2015. As the second-largest bank holding company
headquartered in Tennessee, Pinnacle operates in the states four largest markets, Nashville, Memphis,
Knoxville and Chattanooga, as well as several surrounding counties.
Additional information concerning Pinnacle, which is included in the NASDAQ Financial-100 Index,
can be accessed at www.pnfp.com.
Tennessee Housing Development Agency
The Housing Trust Fund (HTF) was created by the THDA Board of Directors to provide financial
support for innovative, affordable initiatives that serve the housing needs of Tennessees must vulnerable
residents.
Funding for the Housing Trust Fund comes entirely from earnings generated through THDAs Single
Family Mortgage program. HTF grants are awarded through a competitive application process. Since
2006 THDA has provided over $69 million in HTF grants to local governments and nonprofit
organizations across the state.
For Additional information regarding the CADAS Sober Living Residences, please contact:
Paul Fuchcar, Ed.D.
Executive Director, CADAS
207 Spears Avenue
Chattanooga, TN 37405
phone: (423) 756-7644 ext. 103
email: Paul@CADAS.org

207 Spears Avenue * P.O. Box 4797 * Chattanooga TN 37405

423.756.7644 * 1.877.AT.CADAS Toll Free * Fax 423.756.7646
www.cadas.org