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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 CincinnatiFederal 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 PartnersPinnacle 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 atwww.pnfp.com.Tennessee Housing Development AgencyThe 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, CADAS207 Spears AvenueChattanooga, TN 37405phone: (423) 756-7644 ext. 103email: Paul@CADAS.org

207 Spears Avenue * P.O. Box 4797 * Chattanooga TN 37405423.756.7644 * 1.877.AT.CADAS Toll Free * Fax 423.756.7646www.cadas.org