MEDIA ADVISORY, June 6, 2006 (PRIMEZONE) --
When: Friday, June 9, 2006
2 p.m.-3 p.m.
What: One of the first mixed-income co-housing communities in the
nation for people aged 55 and older will celebrate its grand
opening in Abingdon, Va., 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 near the Virginia Creeper Trail, 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 Board of Directors
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.