ADVISORY, June 5, 2006 (PRIMEZONE) --
When: Friday, June 9, 2006
2 p.m.-3 p.m.
What: One of the first completed cohousing communities in the
nation for senior residents will celebrate its grand opening
in Abingdon, Virginia, Friday, June 9, 2006. Trailview
Development Corporation and event sponsor Federal Home Loan
Bank of Atlanta will join community residents and local
officials in a dedication ceremony and housing tour to mark
the official opening of the $3.5 million development.
ElderSpirit Community is the culmination of six years of
planning from former nun and Trailview Executive Director
Dene Peterson, who worked with several community groups and
lenders to create the self-planned community.
Located on 3.7 acres in Abingdon, the ElderSpirit community
includes a mix of 29 rental and single-family homes, a common
house, and a spirit center for those aged 55 and older.
Funding for the two-phase project includes the Virginia
Housing Development Authority, Virginia Department of
Housing and Community Development, Federation of Appalachian
Housing Enterprises, Retirement Research Foundation, and
Federal Home Loan Bank of Atlanta through member Highlands
Union Bank.
Who: Susan Dewey, Executive Director, Virginia Housing
Development Authority
Scott Harvard, Vice Chair, FHLBank Atlanta
Joe Johnson, Virginia Delegate, Fourth District
C. Wayne Perry, Senior Vice President, Highlands Union Bank
Dene Peterson, Executive Director, Trailview Development
Corporation
William Shelton, Executive Director, Virginia Department of
Housing and Community Development
Where: ElderSpirit Community
224 Lowland Street
Abingdon, VA
276-628-8908
(Editor's Note: Program participants will be available after the opening event.)