Centerstone to Open Marshall Place Apartments

Affordable Housing Available to Residents with Mental Health Diagnoses

Lewisburg, Tenn.
— Centerstone, Tennessee’s leading provider of behavioral health services, will celebrate the grand opening of Marshall Place, a new apartment complex that will provide safe, comfortable and affordable housing to low-income individuals who have a mental health diagnosis.

The ribbon cutting ceremony will take place on Wednesday, April 5, at 10:00 a.m. at 1481 New Columbia Highway near the intersection of Highway 31A. The brief ceremony will be followed by tours of the new facility.

Located in Lewisburg, Marshall Place is Centerstone’s first residential development that offers affordable, independent permanent housing for individuals with mental illness…

“Marshall County welcomes the development of Marshall Place,” said Terry Wallace, Marshall County Mayor. “Mental health is an issue that impacts families from every socioeconomic background, and our community is pleased to have this resource available for neighbors who need help in finding a safe and affordable place to live.”

Marshall Place is funded by the Federal Home Loan Bank of Cincinnati (FHLBank), the Tennessee Housing Development Authority (THDA), the Department of Housing and Urban Development (HUD) and Tennessee Department of Mental Health and Developmental Disabilities (TDMHDD). Representatives for these organizations will be in attendance at the ribbon cutting ceremony.

“Centerstone is excited about the opportunity to provide quality housing to individuals with mental illness who are often challenged to find a safe, decent, affordable home,” said Rudy Gregory, regional director for Centerstone. “This new development is a perfect example of how public and private partnerships can make a difference in the lives of those who are sometimes forgotten. We could not have done it without the support of our partners and the leadership of Marshall County.”

In order to be eligible, applicants must be at or below 50 percent of the median income for the area. Rent will be based on 30 percent of the resident’s income level.

“Centerstone has been an incredible partner in expanding permanent, quality, affordable housing for individuals diagnosed with mental illness,” said Gregory Fisher, Director of the TDMHDD Office of Housing and Homeless Services. “Home is where recovery takes place, and Marshall Place will provide a haven for people who need a place in which to live, work, and recover.”

Marshall Place rests on four acres and is composed of 18 one-bedroom apartments. Each 500 square foot unit will be accessible for individuals with disabilities.