Wellington Terrace is an established family development, financed in 2010 with $977,300 in HOME funds and $977,300 in Housing Credits administered by AHFA. It is located in Roanoke, a city of 6,000 situated near the Alabama/Georgia border.
We visited Wellington Terrace, in its fifth year of operation, to speak to residents about life in the quiet apartment community.
Frances, a retired grandmother of three, was looking to move from another development where she had experienced trouble with a neighbor. She found Wellington Terrace when it was under construction. "I didn't feel comfortable in my old development anymore," she said. "I put in an application here, and they approved me. I was the first resident to move in."
Another long-time resident, Beulah said, "I was renting a house across town that needed work. I put my application in, and I've been here ever since."
Wellington Terrace is a 36-unit development that features a playground and an office/community building with a gazebo for community activities and events. Each of the one-, two-, and three-bedroom units has a covered porch, outside storage, a full kitchen, and washer/dryer connections.
The HOME and Housing Credit programs provide funding and tax incentives that help developers build properties like Wellington Terrace. The equity generated allows developers to rent units at below market rates.Frances said, "I had never lived in affordable housing before, but the apartments are real nice. I've enjoyed living here." Beulah added, "I like the way that my apartment is set up. I like that it has two bathrooms. I'm very satisfied."