Olympia Construction and Contracting

  Olympia Construction, Inc., was incorporated in June 1989, by its principal stockholders Jeff Beaver and Ralph Fullerton.  The corporate offices of Olympia are located at 9010 U.S. Highway 431, north in Albertville, Alabama.  The owners and key personnel have a total combined construction experience in management, building and design of over 50 years, covering contracts in eight states throughout the Southeast, including Alabama, Arkansas, Tennessee, Kentucky, Louisiana, Georgia, Mississippi and North Carolina.

  From its inception, the Company has been engaged predominantly in the construction and development of multi-family residential apartment complexes.  Although, most of the company’s efforts have been directed toward new construction, many rehab/renovation projects have been completed for owners through contracts obtained through government-financed bids and negotiated contracts.  The Company has extensive experience in the administration of Government financed contracts and the associated administration standards including the Davis-Bacon Act Labor Standards.

  In excess of 1,800 units of newly constructed residential housing have been completed over the years in addition to the rehab/renovation units, which currently exceeds 1,200.  Olympia’s experience with government financed projects such as USDA Section 515, HUD 212 and 811, and the HUD HOME Investment Partnership Program has strengthened the Company’s experience in providing high quality construction and design standards.  General Contractor’s Licenses are held in the States of Alabama, Tennessee, Mississippi, Kentucky, North Carolina, and Louisiana with an “Unlimited” work classification.

Real Estate Development

Olympia Investment Partnership (Olympia) was organized in June 1989, by its general partners Jeff Beaver and Ralph Fullerton.  Olympia's offices are located at 9010 U.S. Highway 431, north in Albertville, Alabama.  The general partners and key personnel have a total combined experience of over 50 years in development, consulting, ownership and design of affordable housing, covering projects in eight states throughout the Southeast, including Alabama, Arkansas, Tennessee, Kentucky, Louisiana, Georgia, Mississippi and North Carolina.

From its inception, Olympia has engaged its business predominantly in the development of multi-family residential apartment complexes.  Although, most of the organization's efforts have been directed toward new construction projects, a number of rehab/renovation projects have been completed as well.  The Company has extensive experience in the application of funding, development and administration of Government financed projects through USDA, State Housing Finance Agencies administering affordable housing tax credits and HOME Loans as well as syndication, Grants through the Federal Home Loan Bank and commercial financing.

Olympia has successfully developed over 45 properties totally in excess of 1,300 units using the affordable housing tax credit program.   In its active participation of development of affordable housing, Olympia currently has numerous other projects in some stage of the application/development process.

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